The EUR/USD stayed in between the support (green) and resistance (red) trend lines and showed an overall choppy trading day yesterday. The choppiness could be explained by a wave B correction (blue) within a larger ABC (blue).
A break above the resi
...The EUR/USD bounced at the support trend line (greens) and has reached again the resistance trend line (red). Price still seems to be correcting within a wave 2 (brown), which is invalidated if price breaks above the 100% (purple) line.
A break abov
...The EUR/USD is expanding the wave 2 (brown) correction unless price is able to break away from the current average and sideways zone.
The EUR/USD price action remains stuck in between support (green) and resistance (red) trend lines, which is now be
...The US Dollar reached indecisive territory with the GBPUSD weekly showing a Doji candle, the EURUSD falling from resistance and the USDJPY showing a bullish daily candle with a big wick on the bottom.
The EUR/USD bounced at the trend line (green) for a wave X (blue) and rallied during NFP up to the resistance trend line (red) and 61.8% Fibonacci target.
The EUR/USD showed an ABC rally (green) and respected the Fib level neatly. If the wave 2 (bro
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