Month: June 2019

GBPUSD 27th June, 2019

We continue to look for signs to suggest that the countertrend retreat has run its course. We will allow for lower as long as the main hourly count’s confirmation point remains intact.

GBPUSD 25th June, 2019

The depth of the decline, favors the idea that the first leg of the advance is complete and that a corrective countertrend pullback is underway. The bottom line remains that retreats should prove corrective, paving the way for further advance.

EURUSD 21st June, 2019

As expected the euro moved toward the upside, and easily exceeded both of our targets. This strong rally, however, shot right through the invalidation point of the main count, necessitating a fresh look on the situation.

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