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EUR/USD and GBP/USD continue bullish ABC patterns 2016.03.07


EUR/USD

4 hour

The EUR/USD indeed seems to be building a bullish rally after breaking above the resistance trend line (dotted orange). The most likely wave count is an ABC zigzag (blue)

1 hour

The EUR/USD could be building a bearish ABC zigzag (green) within wave B (blue

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NFP impact on the Forex waves 2016.03.04


EUR/USD

4 hour

The EUR/USD broke above the tight range (purple) and moved higher towards the resistance trend line (orange). A break above could indicate the continuation of waves Y. The Non-Farm Payroll employment change data could have a major impact on price movement

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GBP/USD pulls back to bottom resistance via ABC zigzag 2016.03.03


EUR/USD

4 hour

The EUR/USD has been moving slowly this week with a tight range (purple). Deep Fibonacci support levels could still remain important for a pause or bullish bounce. The wave count is vulnerable to change if price breaks below these levels.

1 hour

The EUR/US

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USD/JPY returns to broken bottom via ABC zigzag 2016.03.02


EUR/USD

4 hour

The EUR/USD is building a downtrend with clear low lows and lower highs. However, deep Fibonacci support levels could still create a pause or bullish bounce. The wave count is vulnerable to change if price breaks below these levels.

1 hour

The EUR/USD coul

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EUR/USD and GBP/USD retracing in waves to Fibonacci levels 2016.03.01


EUR/USD

4 hour

The EUR/USD retraced back to the 78.6% Fibonacci retracement of the wave X (purple) correction. The wave count is vulnerable to change if price breaks below this level.

1 hour

The EUR/USD could have completed an ABC bearish zigzag (orange) down towards the

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