EUR/USD, GBP/USD Confirm Divergence in Breakout Direction

January 10, 2017 06:30

EUR/USD

4 hour

The EUR/USD is building a sideways corrective zone, which is indicated by the various trend lines (red/blue...


GBP/USD Bearish Momentum towards 1.22 Break or Bounce Spot

January 09, 2017 06:30

GBP/USD

4 hour

The GBP/USD broke the support trend line (dotted green) and thereby completed a 3 wave WXY (orange)...


GBP/USD Rallies 200 pips and Approaches 50% Fibonacci of Wave-4

January 06, 2017 07:00

GBP/USD

4 hour

The GBP/USD expanded the wave 4 (blue) correction via a WXY (orange) and has now arrived at...


US Dollar Bearish Momentum after Failing to Break Resistance

January 05, 2017 07:30

EUR/USD

4 hour

The EUR/USD was unable to break below the critical support level (blue) and instead bounced strongly to...


EUR/USD, GBP/USD Downtrends Retest Critical 1.22 and 1.0350 Levels

January 04, 2017 07:30

EUR/USD

4 hour

The EUR/USD continued to move lower and has now arrived at a bounce or break spot at...