The GBPUSD trend is being retraced as price reaches the 23.6% Fibonacci level with a chance of going to the 38.2% Fib. The AUDUSD is making a pullback after weekly triangle break, the USDJPY is bouncing off weekly support and the EURUSD triangle is in a larger sideways
...The EUR/USD continues to build a corrective chart pattern with support (green) and resistance (orange) marking its boundaries.
The EUR/USD is showing steep bearish price action with support and resistance marking the bearish impulse. A break of the
...The EUR/USD broke one of the support trend lines (dotted green) during the ECB news event. A break below the next support level (light green) could price fall towards the Fibonacci retracement level of wave X vs W.
The EUR/USD broke below the chart
...The EUR/USD showed a bearish bounce at the resistance trend line (orange), which is the top zone of the correction. Price has now approached the bottom of wave A which is the 100% Fibonacci level.
The EUR/USD could have posted an ABC zigzag correcti
...The EUR/USD bounced as part of the wave X (blue) support and indeed seems to be expanding the WXY correction. The trend line (orange) at 1.10 is an important resistance spot. A break above that could see price continue its bullish price action towards the
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