4 hour EURUSD:
Price is extending towards the wave 3 (orange) targets; the next could be the 200% level.
60 min EURUSD:
The bearish breakout (red arrow) could occur after upon the break of the support trend line (green) for a decline towards its wave 5 (blue) targets.
GBPUS
...4 hour EURUSD:
Yesterday’s dramatic fall of 200+ plus confirms the current impulsive bearish wave count. As always today’s wave counts are very vulnerable to change due to the release of the U.S. NFP figures.
60 min EURUSD:
The bearish breakout occurred after the break of
...4 hour EURUSD:
Although price is facing a major level (daily bottom (green), there is no divergence between the bottoms which means that a continuation of the downtrend is likely (could be after orange wave 4 though).
60 min EURUSD:
A contracting triangle (light green line
...4 hour EURUSD:
Price has accelerated its bearish downtrend (orange channel) but is facing a major level (daily bottom (green)).
60 min EURUSD:
The weekly support (green) at 1.31 and the divergence between the bottoms (blue line) could cause a temporary retracement to the u
...4 hour EURUSD:
Price has accelerated its bearish downtrend but is facing a major level (daily bottom (green)).
60 min EURUSD:
The green bottom at 1.30 and the 61.8% Fibonacci target near 1.30 seem to be the most prominent targets for the moment.
GBPUSD
4 hour GBPUSD:
The bull
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