Wait for the corrective wave to come down to the bottom red line before you buy. This third wave is the biggest wave and it can reach the next support/resistance level. Then we can expect a corrective move to the downside when price retest the 1.24xxx level. Goodluck!
Watch this closely it can drop anytime
Price retested trendline. Long wick on 4HR chart indicates that it is going to drop today
Support/Resistance Levels are strong. Price may be ranging here until the next big news that can bring the Euro to a brighter day
EURAUD seems to be going up again due to weakness in the Euro. In the short term, it is likely to retrace back to the 1.642 zone before trying to go up again. In the lonog term, it is possible for this market to make a double top before it goes back to the other side of the channel.
Market needs to retest the level. We need to see more confirmation on this market before making any further move.
Support/Resistance Level held. Price will go down to the 3 strong resistance levels
Wait for confirmation on 4Hr Chart. We are at a strong support/resistance level on the Fib Retracement
EURNZD will move to the downside of the trendline. The level is likely to break since there were multiple rejected candles.
With the additional tariff Trump is imposing on China on Friday, the dollar fell significantly throughout all USD pairs. We need to see if the price comes back to retest the previous trendline and then we can go from there.
Resistance level held. GJ is expected to move the upside
The Cable just finished a 5-wave move. A corrective wave movement is expected next week.
Price retest but failed. AUDNZD will continue its bearish momentum to the downside.
We are in the last wave. Let's see if it plays out!
Consolidation can be difficult to trade. The past 2 weeks have been hard due to various high impact news. Hopefully GBPUSD will reverse to the uptrend by next week
Dollar index is up UK New PM announcement today Trend is still going down