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 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.

GBPUSD 21st January, 2020

Cable continues to trade in a sideways manner and the larger trend remains down. Any rally should prove corrective, preparing the way for further decline.

GBPUSD 9th January, 2020

Cable popped to a higher high before reversing gears in line with the ongoing corrective structure we have been tracking.

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.

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