Month: March 2019

EURUSD 29th March, 2019

Instead of continuing upwards as expected, the euro declined 14 pips below the projected support at 1.1223. But despite the minor decline in price, momentum has been showing an increasing bullish bias, often indicative of a impending change in price trend.

EURUSD 27th March, 2019

As expected the euro moved toward the downside and came 3 pips short of reaching our first target. At the moment, all the indications suggest that the current decline, while possibly incomplete, definitely should be nearing its end.

EURUSD 26th March, 2019

Instead of making another, rather limited high as expected, the euro spent the day in a steady decline of about 70 pips. The updated daily and hourly charts attempt to make sense of this move and forecast its targets.

EURUSD 25th March, 2019

As expected the euro moved toward the upside and is inching closer and closer to our first target. The count on the hourly chart hasn’t been confirmed yet, but it’s still the most fitting for the developing pattern.

GBPUSD 20th March, 2019

Cable continues to drift lower, casting further doubt on the bullish outlook. As always, we will wait for either count’s confirmation point to be reached to determine the highly probable count.

Scroll to Top