Month: September 2019

EURUSD Long-Term Update — September 29th, 2019

The market has been in a sideways consolidation (with a slight downwards bias) over the past week.

This fits nicely with my current main view, which sees the euro rallying in a minor-degree impulsive, where the past week saw its fourth-wave correction. This is very useful because now I can present an objective confirmation point, as well as tighter targets.

EURUSD – September 13th, 2019

The euro just went through a whiplash action, where the market suddenly plummeted 140 pips in two hours, only to recoup all of its losses, and then some, with an advance of 180 pips.

EURUSD – September 9th, 2019

The euro moved largely sideways, still contained within the range of the preceding decline. Therefore, our main count remains almost exactly the same.

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