EURUSD extended its downside movement from 1.1472 to as low as 1.1277. Further decline is still possible and next target would be at 1.1215 support. Near term resistance is at 1.1340, only a breakout of this level...
Cycle from Sept 24 high (1.182) in EURUSD remains in progress as an Elliott Wave impulse structure where Primary wave ((1)) ended at 1.1214 and Primary wave ((2)) is proposed complete at 1.147. Pair still needs to...
EURUSD remains in the downtrend from 1.1472, further decline could be expected and next target would be at 1.1250 area. Resistance is at 1.1383, only a break of this level could trigger another bullish movement towards 1.1500.
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1215 had completed at 1.1472 already. The pair is now in downtrend, further decline could be expected and next target...
EURUSD remains in the downtrend from 1.1815, the bounce from 1.1215 is likely consolidation for the downtrend. As long as 1.1500 key resistance holds, the downside movement could be expected to continue and next target would be...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1215. As long as the trend line support holds, the upside movement could be expected to continue and next target...
EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.1472 could be treated as consolidation for the uptrend from 1.1215 and...
EURUSD dropped sharply from 1.1472 and is now facing the support of the bullish trend line on the 4-hour chart. A breakdown below the trend line support would indicate that the upside movement from 1.1215 had completed...
Short Term Elliott Wave View on EURUSD suggests that pair is currently in Primary wave ((2)) rally to correct cycle from Sept 24 high (1.1815) before the decline resumes. Internal of Primary wave ((2)) is unfolding as...
EURUSD’s upside movement from 1.1215 extended to as high as 1.1464. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target...