Wave Analysen

USD/JPY Bounces at Support and Builds Contracting Wedge 2015.05.01


EUR/USD

4 hour

The EUR/USD continued with its uptrend yesterday and pushed towards a resistance point (red line). Although further extensions can never be ruled out, it seems more probable that the wave W (magenta) has been completed.

1 hour

The 1 hour chart has a slight ri

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EUR/USD Builds Bullish Momentum but Meets Potential Bearish Zigzag 2015.04.30


EUR/USD

4 hour

The EUR/USD uptrend could have completed an ABC zigzag (light green) yesterday. The zigzag might complete wave W (magenta) but for the moment the preference is given to wave WXY (orange).

1 hour

The 1 hour chart had a break of the uptrend channel and saw a fu

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EUR and GBP Extend Bullish Momentum but Meet Bears and News 2015.04.29


EUR/USD

4 hour

The EUR/USD uptrend continued yesterday and still has some potential space before reaching the previous top (red line). However, many news events are being released today such as the FOMC which could cause serious volatility.

1 hour

The 1 hour chart shows a l

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EUR/USD and GBP/USD Continue with Strong Uptrend 2015.04.28


EUR/USD

4 hour

The EUR/USD is building on an uptrend and has potential space up towards Fibonacci target and resistance at 1.1040-60.

1 hour

The 1 hour chart shows the bullish channel (blue) and intermediate support (green). The EUR/USD will most likely continue with this t

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Weekly Forex Overview: Major tops & bottoms 2015.04.27


This week's weekly video recap reviews the USD bearish momentum and the important support and resistance on the GBPUSD, EURUSD, and USDJPY


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