As mentioned in yesterday`s analysis, the difference between both counts was within wave 4 purple, so both counts anticipated an upwards motive wave to complete wave a orange and that is what happened today. The pound unfolded as the main count expected towards the downside …
GBPUSD 31st March, 2014 Continue to charts & full analysis »
As expected the euro moved towards the upside, but it’s still far-off from reaching our specified targets. The technical picture is still optimistic and it seems increasingly likely that the euro is indeed picking up. We’re updating our counts to reflect the most recent price …
EURUSD 31st March, 2014 Continue to charts & full analysis »
This week the pound unfolded towards the upside confirming the alternate count and both first and second specified targets were reached and exceeded and the pound continued towards the upside through the alternate count invalidation point. We are modifying both main and alternate count according …
GBPUSD – Continuing Short Term Probabilities Exploration Continue to charts & full analysis »
On ًFriday`s session the pound unfolded towards the upside confirming the alternate count and the specified target was reached to the pip. It is worth mentioning that the specified target did not provide us with a great trading opportunity and that the pound has been …
GBPUSD 28th March, 2014 Continue to charts & full analysis »
As expected the euro moved towards the downside to reach our first target and exceed it by 17 pips. Now we have several possibilities, but we’ll focus this week on the two most probable: either the euro continues its strained decline (a possibility which doesn’t …
EURUSD – Getting Ready for an Explosive Rally Continue to charts & full analysis »
The euro continued its slow, strained downwards movement to 1.3706, where it hit four levels of support at different wave degrees (as we’ll show in a minute). Chances are the downwards correction is now complete and we should be ready for an explosive rally. But …
EURUSD 28th March, 2014 Continue to charts & full analysis »
On ًThursday`s session the pound started the day by moving towards the downside before moving towards the upside confirming the alternate count and the specified target was reached and exceeded. The main count expects the pound to move towards the downside in a corrective manner, …
GBPUSD 27th March, 2014 Continue to charts & full analysis »
On ًWednesday`s session the pound unfolded towards the upside confirming the alternate count and the specified target was reached and the pound continued towards the upside invalidating the alternate count. We are updating the wave degree labeling for the main count and it is worth …
GBPUSD 26th March, 2014 Continue to charts & full analysis »
The euro spent the day moving downwards in a fairly corrective-looking fashion. This recent development adds a new possibility for the euro, which we’re going to discuss today. We’re updating our counts to reflect the most recent price action and to present tighter targets and …
EURUSD 26th March, 2014 Continue to charts & full analysis »
On ًTuesday`s session the pound unfolded towards the upside confirming the alternate count and the pound fell short of the specified target by 13 pips and it continued trading near its highs. We are updating the main count according to the latest price action and …
GBPUSD 25th March, 2014 Continue to charts & full analysis »
