Month: February 2020

EURUSD – February 4th, 2020

As expected the euro moved again toward the downside and came only 2 pips short of reaching our first target at 1.1031. Whether or not this decline is complete, it’s probably time to prepare for a short-term bullish reversal.

EURUSD Long-Term Update — February 3rd, 2020

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.

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