Month: December 2017

EURUSD 27th December, 2017

The euro had a bit of an upward climb that remained below our proposed resistance. So far, things are working out as expected.

EURUSD 26th December, 2017

The euro practically didn’t move at all, so nothing changes with our counts. I’m including a very preliminary labeling of the most recent action on the hourly chart, but do keep in mind that it’s highly speculative at this point.

GBPUSD 22nd December, 2017

With Christmas and the Holiday season upon us, low-volume trading kicks in and Cable has been consolidating in a sideways manner leaving both main and alternate counts valid. As always, we will wait for either counts’ confirmation point to determine the highly probable count.

GBPUSD 21st December, 2017

Cable continued its sideways consolidation, adding little to the overall picture. We are updating both counts according to the latest price action. As always, we will wait for either counts’ confirmation point to determine the highly probable count. Have a great weekend!

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