The EUR/USD is building on a bullish rally which is taking price to the top of the contracting wedge (brown/green lines).
Price broke out of multiple resistance trend lines (dotted orange) and is now building a bullish channel (green lines). The spe
...The EUR/USD bounced and rallied from the wave X (purple) support levels, which could indicate the potential start of wave Y (purple).
Price is facing a break or bounce spot at the resistance trend line (orange).
The GBP/USD recently b
...The EUR/USD currently shows a bullish wave count with a potential WXY (purple). The invalidation level is the bottom of the triangle (green). Today's FOMC statement could have a major impact on the US Dollar.
A break above the resistance trend line
...The EUR/USD is in a middle of a wedge formation (trend lines green and brown). The most recent momentum was bullish and could therefore suggest a bullish wave count.
The EUR/USD is building a slow bearish correction which resembles a falling wedge c
...The weekly video recap reviews the key levels within the EURUSD's wedge formation, the GBPUSD's ascending wedge pattern, the USDJPY's channel hitting resistance, and the AUDUSD choppiness.
