Wave Analysis

Daily Wave Analysis for 28 March 2014 2014.03.28


EURUSD

Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues. Whether wave X (red) finished yesterday at the 50% Fibonacci level or retraces lower to the 61.8% Fib remains to be seen.

4 hour c

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Daily Wave Analysis for 27 March 2014 2014.03.27


EURUSD

Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.

4 hour chart EURUSD:

Price has support and resistance lines (magenta) which act as potential lines in the sand. A break of those l

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Daily Wave Analysis for 26 March 2014 2014.03.26


EURUSD

Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.

4 hour chart EURUSD:

Price has support and resistance lines (magenta) which act as potential lines in the sand. A break of those l

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Daily Wave Analysis for 25 March 2014 2014.03.25


EURUSD

The impulse up yesterday could potentially be a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.

4 hour chart EURUSD:

The usual wave C (blue) target of wave X (purple) has been hit at the 61.8% level – although th

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Daily Wave Analysis for 24 March 2014 2014.03.24


EURUSD

The jury is still undecided whether this is an impulsive 5 wave down (green letters) or an ABC correction (black letters).

4 hour chart EURUSD:

The usual wave C target has already been hit. Now it will be interesting to see if price bounces (green arrows) or breaks

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