EWF Analysts

GBPUSD – March 16th, 2020

GBP/USD, 12H chart. It seems like there’s a downward zigzag, which supposed to be wave (B). Previously, we had an upward impulse in wave (A). Also, there’s an advance, which could be the first wave of wave (C).

EURUSD – March 16th, 2020

EUR/USD, 12H chart. There’s a huge upward impulse, which supposed to be wave ((A)). The following decline in wave ((B)) has finished as a zigzag, which reached the 0.786 retracement of wave ((A)).

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.

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