Wave Analysis

Daily Wave Analysis for 7 February 2014 2014.02.07


EURUSD

The EURUSD broke out of the channel to the upside (broke the higher blue and red line) and is now sitting at a next resistance line (purple).

4 hour chart EURUSD:

Will the EU bounce or break this line? The NFP news event will probably give the answer, but watch out

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Daily Wave Analysis for 6 February 2014 2014.02.06


EURUSD
The EURUSD seems to be making a bear flag chart pattern (dark blue lines).

4 hour chart EURUSD:

In the current wave count wave 4 and 5 (green) probably remain, which means there is a potential breakout trade remaining (red arrow); the other option is an upside bre

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Daily Wave Analysis for 5 February 2014 2014.02.05


EURUSD
The EURUSD broke the daily support line (magenta) to the downside and currently an impulsive correction could be taking place to complete a wave c (blue).

4 hour chart EURUSD:

Wave 4 and 5 (green) probably remain so the best trade is the breakout with the trend (r

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Daily Wave Analysis for 4 February 2014 2014.02.04


EURUSD

The EURUSD broke the daily support line (magenta line) to the downside and now an impulsive correction is potentially taking place to complete a wave c (blue).

4 hour chart EURUSD:

Wave 4 and 5 (green) probably remain but the best trade is the breakout with the tre

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Daily Wave Analysis for 3 February 2014 2014.02.03


EURUSD

The EURUSD broke the bull flag pattern (orange lines) to the downside and an impulsive correction is taking place to potentially complete a wave c (blue).

4 hour chart EURUSD:

The EURUSD is now most likely making 5 waves down for a wave 5 (green). Wave 4 and 5 (gr

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