The EUR/USD has arrived at the potential support of wave B (magenta) and trend line (green) and could be at a bounce or break spot.
The EUR/USD had a bearish intra-day trend yesterday but price broke of the resistance (orange) trend line during to
...The EUR/USD is approaching potential support at the Fibonacci levels of wave B (magenta) and at a trend line (green).
The EUR/USD has completed a 5th wave within wave A (purple). The most likely scenario is a zigzag correction (ABC – purple) consid
...This week's video analysis reviews the impact of the NFP event on the US Dollar and discusses the likely continuation & trade setups on the Major currency pairs.
Friday's NFP figure was lower than expected and caused the US Dollar to weaken. The EUR/USD is showing bullish momentum but at the same time it has reached major resistance (red lines).
The EUR/USD has completed a 5th wave within wave A (purple). T
...The NFP event on Friday will heavily impact the price movements of the EUR/USD and all other currency pairs.
Price seems to be making a zigzag correction (ABC purple).
The GBP/USD price action will be very dependant on the NFP figures
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