EURUSD Forecast: 1/8 (HIGH) to 1/16 (LOW)

FX:EURUSD   Euro Fx/U.S. Dollar

Last forecasted cycle ended with the actual price trend HIGH on 1/7 - one day earlier then the forecast date of 1/8. This is what W.D. Gann describes as an Orb, or lost motion in time. The actual forecast high can come in either on the forecast date, or 1 day of either side of the forecast date (Orb). This is covered in the STARTER KIT, which is located in the Member Area of our site.

Price is forecasted to trend down until 1/16. The trend line arrow is to signify this price trend decrease but does not represent where price decrease will stop. Towards the end of the cycle I will update this cycle with a projection as to where the 1/15, 1/16, and 1/17 prices are headed for (to account for Orb).
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