GBPUSD pair can be ending a triangle correction within the wave B). Potential resistance/turning point area for leg E can be at the upper side of the upper triangle ... Read More
GBPJPY unfolded a five-wave drop from the 200.0 region which is now being followed by a contracting development, a wave B triangle. A triangle is a continuation pattern, ... Read More
The most probable scenario for the GBPUSD pair can be an expanding triangle correction within the wave B), with price currently unfolding its final leg E. Potential resistance/turning point ... Read More
On USDJPY we are tracking part of a bigger triangle correction which can be fully visible on the weekly chart but is still incomplete. We were tracking a three-wave ... Read More
E-mini SP500 futures are slightly turning down at the start of the US sessions, but may not be nothing exciting ahead of the FOMC decisions when real bears may ... Read More
AUDJPY looks to be recovering after a bigger, five-wave drop from end of June, which found a base at the 69.95 level. We know that after a five-wave drop, ... Read More
There is a chance for limited upside on USD Index, ideally around 78,6% Fibo. Retracement. At the same time, USDCHF can be finishing an ending diagonal towards 0.9840 – ... Read More
Higher degree trend is bearish on GBPUSD, but price activity since December 2018 is overlapping, thus corrective. We are observing a three-wave correction (A)-B)-C)) in progress from the lows, ... Read More
USDJPY just broke lower out of a triangle, however triangles suggest the final leg »v« before a reversal, because a triangle occurs in wave »iv«, so do not be ... Read More
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