Weekly Forex Overview: EUR/USD Close & Reverse 2015.04.20
This week's video analysis reviews the reversal on the US Dollar and which major pair is best setup.
Вълнови анализ
EUR/USD Starts New Trading Week with Wave X Correction 2015.04.20
EUR/USD
4 hour
The EUR/USD is most likely expanding its correction of wave Y (blue) with a wave WXY (magenta).
1 hour
Price is moving up slowly and correctively within the trend channel (blue).
GBP/USD
4 hour
The GBP/USD rally could run out of steam if it completes wave W (gre
...US Dollar Continues to Weaken and Increases Chances of Major Correction 2015.04.17
EUR/USD
4 hour
The EUR/USD continued yesterday with its bullish bounce which could be part of an ABC correction (magenta) of a larger wave Y (blue) and wave 4 (light green). The failure for price to break below the bottom (green line) could indicate the potential for a bi
...US Dollar Bears Struggle to Keep Control and Downtrend Intact 2015.04.16
EUR/USD
4 hour
The EUR/USD is having a bullish bounce near the daily bottom (green horizontal line).
1 hour
The bullish break above resistance (dotted red) is currently lacking momentum as price has only reached the 100% Fibonacci target. If price does not manage to mov
...US Dollar Struggles with Resistance and Moves Quickly Lower 2015.04.15
EUR/USD
4 hour
Yesterday's bullish momentum could be an indication that the waves WXY (magenta) have completed the wave X (blue).
1 hour
Price broke the resistance of the downtrend channel (dotted red) which could indicate a potential wave 1-2 (magenta).
GBP/USD
4 hour
Yesterd
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