Wave Analysis

Weekly Forex Overview: USD Bullish Recovery 2015.08.31


This weeks' video reviews the USD bull rebound and the impact it could have on the major currency pairs. Especially the EURUSD rejection wick at the 38.2% Fibonacci level and the GBPUSD bearish engulfing twins offer potential strong resistance levels.

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Divergence on Forex Majors Leads to Rebound 2015.08.31


EUR/USD

4 hour

The EUR/USD could be bouncing at the support trend line (green) but a turn on the oscillator would confirm that potential for a bullish bounce.

1 hour

The EUR/USD created divergence (purple) and is now challenging the resistance trend line (orange), which

...

View All


Divergence on Forex Majors Leads to Rebound 2015.08.31


EUR/USD

4 hour

The EUR/USD could be bouncing at the support trend line (green) but a turn on the oscillator would confirm that potential for a bullish bounce.

1 hour

The EUR/USD created divergence (purple) and is now challenging the resistance trend line (orange), which

...

View All


US Dollar Turns Around for ABC Zigzag 2015.08.28


EUR/USD

4 hour

The EUR/USD bearish movement has retraced very deep which therefore favors a completed wave 5 (blue) of wave C (green) of Y (brown). Price could still expand the bullish price action after completing a potential ABC (green) zigzag pattern.

1 hour

Due to the

...

View All


US Dollar Turns Around for ABC Zigzag 2015.08.28


EUR/USD

4 hour

The EUR/USD bearish movement has retraced very deep which therefore favors a completed wave 5 (blue) of wave C (green) of Y (brown). Price could still expand the bullish price action after completing a potential ABC (green) zigzag pattern.

1 hour

Due to the

...

View All