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74%
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English (International)
The EUR/USD remains in a consolidation zone with a WXY (green) wave structure in wave 4 (blue).
The EUR/USD retraced back to the 78.6% Fibonacci retracement. A break below the 100% Fibonacci level invalidates the wave count.
The GBP/USD
...Review of the bounce and break spots on the EURUSD, GBPUSD, USDJPY and AUDUSD.
The EUR/USD completed the wave C (blue) near the previous bottom (green) and made a rally up to the resistance trend line (red). A break above it would signal the continuation of wave 4 (blue) whereas a break below support could indicate the completion of
...The EUR/USD is re-testing the weekly bottom (green) which could provide support for a 2nd rally / bounce.
The EUR/USD reached a confluence of Fibonacci target and retracement levels, which could provide support for a bullish retracement or rally. Ty
...The EUR/USD was unable to break above resistance (red) and is correcting lower as part of a wave X (lavender) unless price manages to break below the main support level (green).
The EUR/USD broke below the support trend line (green) as part of an im
...
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