EUR/USD
4 hour
The EUR/USD reached the 38.2% Fibonacci retracement level of wave 4 (pink) and made a bearish bounce. This could indicate the restart the downtrend if price manages to break below the support trend line (blue). In that case the EUR/USD would have completed
...GBP/USD
4 hour
The GBP/USD bounced at the top of the bear flag chart pattern and 23.6% Fibonacci retracement level. The bearish bounce however needs to break below the bear flag pattern before it becomes more likely that the wave 4 (purple) correction has been completed a
...GBP/USD
4 hour
The GBP/USD is building a bear flag chart pattern within a wave 4 (purple) correction. The Fibonacci levels of wave 4 could act as resistance and a break below the channel could indicate the end of wave 4 and the start of wave 5. A break above the 50% makes
...USD/JPY
4 hour
The USD/JPY failed to break above the 110 round resistance level but price is now approaching the key zone again. The bullish bounce in the channel keeps the uptrend channel intact. The bullish price action is probably part of a larger WXY (purple) correcti
...USD/JPY
4 hour
The USD/JPY bullish breakout above the resistance trend line (dotted red) indicates that price is most likely continuing within the wave D (purple). The correction will probably unfold via a WXY (purple) correction within wave Y (pink).
1 hour
The USD/JPY
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