EURUSD Intra-Day Elliott Wave view suggests the decline from 9/8 peak remains in progress as an expanded Flat Elliott Wave structure. Down from 9/8 high (1.2094), pair ended Intermediate wave (A) at 1.837. Bounce to 1.2034 ended Intermediate wave...
The EUR/USD pair initially went sideways on Thursday, but then rallied a bit. However, we found enough resistance near the 1.1780 level to turn around and fall significantly. We are testing the 1.17 level as I write...
EURUSD stays in a trading range between 1.1696 and 1.1832, and is now facing 1.1696 support. A breakdown below this level could signal resumption of the downtrend from 1.2092, then deeper decline to test 1.1662 key support...
The EUR/USD pair rallied initially on Wednesday, but continues to find resistance above. I do think that eventually we go higher, but we need to break out to do so. It looks right now that the 1.1750...
EURUSD moved out of the descending price channel on its 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.2029 is underway. The price is expected to test 1.1832 resistance, above this level could signal completion...
The EUR/USD pair initially fell on Tuesday, but broke above the 1.1750 level to continue higher. Ultimately, the market looks likely to find plenty of noise, and I think if we can break above the top of...
EURUSD previously broke past the range resistance at the 1.1450 minor psychological level to indicate that bullish momentum has won over. Price stalled in its rally near the 1.2100 major psychological level and showed signs of a...
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. Breakout of the channel resistance could bring price to test 1.1832 resistance. Above this level could indicate that the...
EURUSD Short Term Elliott Wave view suggests that the decline from 9/8 peak is unfolding as an expanded Flat Elliott Wave structure. Down from 9/8 high (1.2094), Intermediate wave (A) ended at 1.1837 and Intermediate wave (B) ended at...
The EUR/USD pair fell initially on Monday, perhaps in response to the referendum in Catalonia for independence. Spain is going to continue to be an issue, because the scene there is getting ugly. The fact that we...
