Wave Analysis

EUR/USD Critical Zone for Long-term Break or Bounce 2015.07.17


EUR/USD

4 hour

The EUR/USD is approaching an important break or bounce level (decision spot), which is the support trend line (green) connected to bottom at wave X (green).

1 hour

The EUR/USD could have completed an ABC correction (blue) with a 5th wave potentially compl

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GBP/USD Retracement within Classical Uptrend Channel 2015.07.16


EUR/USD

4 hour

The EUR/USD continued with more downside momentum yesterday but price is running into major a weekly support level (green).

1 hour

The EUR/USD seems to be building a 2nd ABC zigzag (green) within wave X (lavender).

GBP/USD

4 hour

The GBP/USD has managed t

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EUR/USD Remains Choppy but GBP/USD Breaks Resistance Line 2015.07.15


EUR/USD

4 hour

The EUR/USD is testing important trend lines (green and light green), which could become support for a rebound. A bearish breakout would invalidate the current wave X count (lavender).

1 hour

The EUR/USD showed bullish momentum but it slowed down when it

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Corrective Wave Patterns Indicate Potential Recovery Rally 2015.07.14


EUR/USD

4 hour

The EUR/USD made a deep retracement and remains in an overall corrective environment. The bottom is an important level (green line) as a break or bounce could have a decent indication ultimately whether the wave 4 (blue) has been completed (bearish break)

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Weekly Forex Overview: Bullish Momentum vs Key Resistance 2015.07.13


This week's video analysis focuses on the ABC formation on the GBP/USD and the USDJPY plus the contracting wedge on the EUR/USD and AUD/USD.


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