Wave Analysis

EUR/USD Approaches the Resistance within a Strong Downtrend Channel 2015.04.14


EUR/USD

4 hour

Whether the EUR/USD is back in the bigger downtrend or making a bigger correction as part of a wave 4 (green) remains to be seen and partially depends on how price will react to the previous bottom (green).

1 hour

Wave C (orange) is marked as uncompleted but

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Weekly Forex Overview: USD at Decision Spot 2015.04.13


This week's video analysis reviews the bullish US Dollar price action and the major resistance levels that could hinder a bullish breakout and cause a bigger bearish correction


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Trend Channels and Key Levels Dominate the Major Currency Pairs 2015.04.13


EUR/USD

4 hour

The EUR/USD is in a downtrend channel which is indicated by the orange trend lines. Price however is approaching the previous bottom (green line).

1 hour

Price has reached the 161.8% Fibonacci target but could fall further especially if it stays below the

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EUR/USD and GBP/USD Break Support but Remain in Correction 2015.04.10


EUR/USD

4 hour

The recent bearish momentum on the EUR/USD caused both the break below the support trend line (dotted green) and also the wave count to change to its current form (multiple wave Y's).

1 hour

Price seems to have completed a bearish zigzag (orange ABC) but

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Major Break or Bounce Spots for EU, GU and UJ 2015.04.09


EUR/USD

4 hour

The wave B count (magenta) has become less likely due to the EUR/USD break below the trend line support (light green) during the FOMC statement yesterday.

1 hour

The invalidation level is the bottom of wave A (magenta) which is the 100% Fibonacci level a

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