The EUR/USD is showing an attempt to break the resistance (orange) of the downtrend channel. A breakout could indicate the completion of wave 5 (brown).
Yesterday the EUR/USD made a pullback for wave 4 (purple) and then posted a lower low, which cou
...The EUR/USD is showing a new lower low but still has some space left towards the two main Fibonacci targets. The oscillator will need to move down a lot lower and break below the previous bottom (purple) to avoid double divergence. The FOMC meeting minutes
...The EUR/USD is heading lower and close to posting a new lower low within the downtrend, which is indicated by the downtrend channel (orange/blue).
The EUR/USD broke the wave 4 support trend lines (dotted green) and could be in a wave 3 (purple) at t
...This video analysis discusses the technicals such as AUDUSD triangle, EURUSD downtrend but -61.8% target hit. GBPUSD triangle after bearish impulse and USDJPY bullflag.
The EUR/USD is in a well structured downtrend channel, which is marked by resistance (orange) and support (blue) trend lines.
The EUR/USD did try to break below the internal support trend line (green) but the breakout has been choppy so far. If brea
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