4 hour EURUSD:
During the release of the NFP figures the EURUSD fell back to the bottom of the downtrend channel (blue.
60 min EURUSD:
The EURUSD is approaching a cluster of Fibonacci targets (61.8%/green and 261.8%/blue).
GBPUSD
4 hour GBPUSD:
The GBPUSD is trending down but
...4 hour EURUSD:
Due to the NFP figures later today, the wave count is vulnerable to change. The current wave count is expecting a wave 5 (blue) to complete at for instance the 61.8% Fibonacci target which is equal to the 261.8% target of wave 3 (orange).
60 min EURUSD:
The
...4 hour EURUSD:
Due to the interest rate announcement on the Euro later today, the wave count is vulnerable to change. Price bounced off of the bottom of the downtrend channel yesterday and seems to have completed waves 5 (light blue & magenta).
60 min EURUSD:
The EURUS
...4 hour EURUSD:
The EURUSD wave 3 target could be the 261.8 Fibonacci level (3v1 in blue) at 1.2420 .
60 min EURUSD:
The EURUSD invalidation level (dark red line) of the current wave 4 (purple) is at the bottom of wave 1 (purple).
GBPUSD
4 hour GBPUSD:
The Cable could be start
...4 hour EURUSD:
The EURUSD keeps pushing lower within a neat downtrend channel (blue lines) although price is slightly consolidating at the support level (green) at 1.2660.
60 min EURUSD:
The EURUSD consolidation could be part of a wave 4 (red). These corrections usually do
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