The euro spent the entire day moving in a sideways, overlapping manner, keeping away from all of our confirmation and invalidation points. This leaves both counts almost exactly as they were, with only a slight modification to their subdivisions. We’re updating both main and alternate …
EURUSD 14th November, 2013 Continue to charts & full analysis »
On Wednesday`s session the pound unfolded towards the upside as the alternate count expected and both first and second specified targets were reached and exceeded. We have one count today which expects further upwards movement within the pound. Main Hourly Count – Invalidation Point: 1.5946 …
GBPUSD 13th November, 2013 Continue to charts & full analysis »
As our main count expected the euro continued moving towards the upside and has reached our first target and exceeded it by 17 pips. We’re updating both main and alternate counts to reflect the most recent price action and to present tighter targets and invalidation …
EURUSD 13th November, 2013 Continue to charts & full analysis »
On Tuesday’s session the euro kept swinging up and down, first moving downwards to invalidate the alternate count before reversing upwards to invalidate the main. The nature of this movement is more likely corrective than motive, which is a possibility we mentioned as part of …
EURUSD 12th November, 2013 Continue to charts & full analysis »
On Tuesday`s session the pound unfolded towards the downside as expected and both first and second specified targets were reached and exceeded. W are updating the main count according to the latest price action and as well presenting an alternate count which expects the pound …
GBPUSD 12th November, 2013 Continue to charts & full analysis »
On Monday`s session the pound unfolded towards the downside as expected and the main count`s confirmation point was reached. We are presenting an alternate count as MACD is showing a divergence which is indicative of a fifth wave and therefore the alternate count expects the …
GBPUSD 11th November, 2013 Continue to charts & full analysis »
As the alternate count expected, the euro moved towards the upside throughout Monday’s session, although it’s yet to reach our targets. The developing pattern suggests several possibilities, and our analysis today will focus on the two most likely counts, which have nearly equal probabilities. We’re …
EURUSD 11th November, 2013 Continue to charts & full analysis »
This week the pound unfolded towards the upside as expected and both targets were reached and exceeded. This week`s main count expects the pound to reverse directions and move towards the downside in an impulsive manner while the alternate count expects further upwards movement. As …
On Friday`s session the pound unfolded towards the downside as the alternate count expected, however the alternate count did not provide us with a trading opportunity and for today`s analysis it remains the second preferred count. We are modifying the main count according to the …
GBPUSD 8th November, 2013 Continue to charts & full analysis »
As expected last week the euro moved towards the downside and reached the first target of our main count almost to the pip. It’s highly likely that the euro has just made a temporary bottom and is about to reverse direction towards the upside — …
EURUSD – Time for an Upwards Correction (08-Nov-2013) Continue to charts & full analysis »
