4 hour EURUSD:
The EURUSD keeps pushing lower within a neat downtrend channel (blue lines).
60 min EURUSD:
Price is breaking to newer lows but has now reached a monthly support level(green). The bearish fall could be part of a wave 5 (purple) of a wave 3 (red).
GBPUSD
4 hou
...4 hour EURUSD:
The EURUSD has pushed through the monthly bottom (green line turning red) at 1.2750. There is another monthly bottom (green) at +/- 1.2660.
60 min EURUSD:
Yesterday’s fall could have completed wave 3 (red) and price is now in a wave 4 (red). Waves 4 typicall
...4 hour EURUSD:
Price did not break above the top of the down trend channel (blue) and made yet another fall. Traders should be cautious of a big bottom & hence support at 1.2750.
60 min EURUSD:
On a lower time frame price seems to be in a wave 3 (red).
GBPUSD
4 hour GBPU
...4 hour EURUSD:
Price is showing a single divergence (purple line on oscillator) between the 2 latest bottoms and price reached the top of a trend channel (blue). The main question is whether price will make a bigger retracement for a wave 4 (orange) or continue with the
...4 hour EURUSD:
Price is reaching the bottom of two down trend channels (blue and purple) plus a weekly support line (green), which could be difficult for price to break through.
60 min EURUSD:
Price seems to be building on a falling wedge chart pattern (purple lines).
GBPUS
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