The euro continued its slow upwards drift throughout the day. And while price hasn't reached our invalidation point, the main count is now under pressure, which is why we're adding an alternate count … Continue Reading
Cable has been trapped in a tight range and in a sideways manner for a whole week, It is expected that this behavior is nearing an end as Cable -so far- kept away from either count`s confirmation … Continue Reading
The euro invalidated our main count and opted for the alternate, as it plunged almost 200 pips in a matter of few hours, coming within 10 pips of reaching our first target at 1.2365.
Surely this … Continue Reading
Last week Cable started by moving towards the downside confirming the main count before ending the week almost where it started and targets are yet to be reached.
We are updating the main count … Continue Reading
A lot has happened over the past month, and the market is now showing a familiar and clear pattern.
Our longer-term view is that the price is doomed for even further declines. However, as we well … Continue Reading
Over last month, Cable unfolded towards the downside as expected and first target was reached and exceeded.
The short term view expects Cable to unfold towards the upside in a corrective manner … Continue Reading
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