The euro moved downward for about 75 pips today. Price hasn’t reached the invalidation point of the main count, but it certainly didn’t do anything to support it, either. In fact, the recent movement raised the total number of charts on today’s analysis to 4: …
EURUSD 30th April, 2018 Continue to charts & full analysis »
I am back. Many thanks to Tamer for filling in while I was away. Cable’s drop was not on my radar. However, the decline appears to be on the verge of completing a five-wave decline. At this stage, a counter-trend bounce should be just around …
GBPUSD 27th April, 2018 Continue to charts & full analysis »
The situation in the euro as it stands now looks like this: we have two alternate counts, each with its own pros and cons, and each pointing in a direction opposite to the other. The main count anticipates another rally that should ideally make a …
EURUSD 27th April, 2018 Continue to charts & full analysis »
The euro had a surprisingly strong decline of well over 100 pips, reaching levels that it hadn’t visited since the beginning of the year. This main daily count is look less and less likely by the day. Unfortunately, the alternate count is not without its …
EURUSD 26th April, 2018 Continue to charts & full analysis »
[Tamer] As expected the cable moved toward the downside, reached its first target, and exceeded it by 8 pips. The hourly chart has been showing consistent and increasing bullish divergence over the entire week, and this coincides with what looks like the completion of a …
GBPUSD 25th April, 2018 Continue to charts & full analysis »
As expected the euro moved toward the downside, and came only 2 pips short of reaching its first target. I delayed the analysis today hoping the market will give us some new updates, and I think we now have them.
Hi guys, it’s Tamer again today. As expected the cable moved toward the upside, reached its first target, and came 15 short of reaching its second target.
As expected the euro moved toward the upside, reached its first target, and came midway toward reaching its second target.
Hey guys, still Tamer here. Yesterday I had assumed that the cable would slow down and retrace a bit of its savage decline before continuing lower, but it looks like the support wasn’t there just yet. Here, much like in the euro, this decline looks …
GBPUSD 23rd April, 2018 Continue to charts & full analysis »
As expected the euro moved toward the downside, reached its target, and then exceeded it by 32 pips. The main hourly count was invalidated, but the alternate remained intact. I feel, however, that the decline of the past several days is too impulsive to be …
EURUSD 23rd April, 2018 Continue to charts & full analysis »
