EUR/USD next position after correction ABC wave, (0.5) fib. retrace area for next target of wave C (0.382). 0.5 = HH and LL of wave C, if you draw a fib. retracement put b and then to c you will get (0.618) on 0.5 area. But wait until reversal trend 0.5 area (Yellow). SAXO:EURUSD
Hello Traders, here is the full analysis for this pair, Congratulations, the target 1 has been achieved +185 pips
GBPJPY Analysis: Price is still underneath resistance and trend. Expect GJ to sell towards Support 130.567 then slightly retrace for a continuation sell Long-Term Daily Timeframe
Hello. Don’t forget to press “Likes” and “Follow” me. I will begin USDJPY Chart Analysis for December 23th This is XAUUSD Gold Chart Analysis for last week. It followed route B, and ended up with drifting sideways, slowly going up. It went above the final orange trend line. I assume the uptrend would continue for a while. Today I brought...
LTCUSD is approaching our first support at 41.21 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 44.33 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we...