GBPUSD

GBPUSD 17th March, 2014

On ًMonday`s session the pound unfolded in a tight -58 pips- range ending the day very close to where it started it and in the process leaving both counts valid. We are updating both main and alternate counts according to the latest price action and as always we will use each count`s invalidation point to …

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EURUSD 17th March, 2014

The euro is clearly in a state of indecision. It started the day by moving briefly lower before reversing towards the upside just barely to make a new high. This kind of whipsawing, overlapping movement is very indicative of corrections.

We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points.

GBPUSD

GBPUSD – A Top In Place ?!

This week the pound started by moving towards the downside reaching the main count`s first and second specified targets before reversing directions and moving towards the upside.

We are modifying both main and alternate counts according to the latest price action adding tight invalidation points and targets and it is worth mentioning that -at the time being- there is no MACD divergence present to confirm or refute the main count`s view.

As always we will let price action decide for us which count is the highly probable count.

GBPUSD

GBPUSD 14th March, 2014

On ًFriday`s session the pound unfolded in a tight range leaving both counts valid. We are updating both main and alternate counts according to the latest price action adding tight confirmation point for the main hourly count and as always we will use each count`s invalidation point to confirm the other count. Main Hourly Count …

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EURUSD – A Bottom Near In Sight

Last week the euro made a new high, invalidating our previous count and leading us to make a small new adjustment.

The euro is most likely getting ready for a strong rally. But it still needs to form a bottom that will provide a base for that upwards jump.

We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points.

EURUSD 14th March, 2014

As expected the euro moved towards the upside to reach both of our targets and exceed them by 17 pips.

We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points. As usual we’ll use each count’s invalidation point to confirm the other count.

GBPUSD

GBPUSD 13th March, 2014

On ًThursday`s session the pound started the day by moving towards the upside before ending the day almost where it started. We are updating both main and alternate counts according to the latest price action and as always we will use each count`s invalidation point to confirm the other count. Main Hourly Count – Invalidation …

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EURUSD 13th March, 2014

As expected the euro moved towards the upside to reach our first target and exceed it by 21 pips, before reversing strongly towards the downside.

We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points.

GBPUSD

GBPUSD 12th March, 2014

On ًWednesday`s session the pound continued to unfolded towards the downside and the main count`s confirmation point was not reached. We are updating the main count according to the latest price action and as well presenting an alternate count which expects the pound to unfold towards the upside. As always we will use each count`s …

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EURUSD 12th March, 2014

Price action is yet to confirm or invalidate either of our counts. However, given the look and nature of the recent movement, we find it more fitting to switch our alternate count as the main one.

We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points. As usual we’ll use each count’s invalidation point as confirmation of the other count.

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