EURUSD

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.

EURUSD – January 5th, 2019

It appears that the currently-unfolding, upward-facing third wave is subdividing into a series of extensions. If this appearance is a true reflection of underlying market intent, 2020 should kick off with a massive bang.

EURUSD – December 24th, 2019

Merry Christmas, everyone! The euro has been practically standing still, which isn’t much of a surprise during holiday seasons. For all intents and purposes, our main count remains exactly the same.

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