EUR/USD, Weekly chart. It remains unclear which pattern we’re going to have as a whole correction. It seems like the last decline was finished in the form of a double zigzag. On the other hand, the last upward price movement looks like an impulse. In …
EURUSD Weekly – September 17th, 2020 Continue to charts & full analysis »
EUR/USD, Weekly chart. No change. It remains unclear which pattern we’re going to have as a whole correction. It seems like the last decline was finished in the form of a double zigzag. On the other hand, the last upward price movement looks like an …
EURUSD Weekly – September 7th, 2020 Continue to charts & full analysis »
EUR/USD, Weekly chart. It remains unclear which patter we’re going to have as a whole correction. It seems like the last decline was finished in the form of a double zigzag. On the other hand, the last upward price movement looks like an impulse. In …
EURUSD Weekly – August 31st, 2020 Continue to charts & full analysis »
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.
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.
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.
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.
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.
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.
The Euro started the new year by attempting to recover some of the 1,000 pips it had lost in the previous two months. And yet, after four weeks of persistence and perseverance, it has managed to recover only a little less than 50% of its losses over that period.
Not only has this rally been weak and choppy, it’s not even carried very well by momentum, which seems to be steadily waning. None of that is a particularly good sign for the Euro.
We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points.
