Wave Analysis

Pullback to Fibonacci levels expected after impulsive USD breakouts


EUR/USD

4 hour

The EUR/USD respected the resistance trend line (red) and broke various support levels (dotted greens) on Friday....


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EUR/USD bullish ABC zigzag faces robust resistance


EUR/USD

4 hour

The EUR/USD remains in a large consolidation and the bearish breakout could take longer before materializing, which...


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US Dollar approaches decision zone for next trend


EUR/USD

4 hour

The EUR/USD is building a bearish ABC zigzag (orange) within wave 4 (green) unless breaks below the...


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Fibonacci levels present breakout spots in Forex


EUR/USD

4 hour

The EUR/USD is in a contracting triangle chart pattern (red/blue lines) at the 61.8% Fibonacci retracement of...


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US Dollar break unlocks bearish momentum


EUR/USD

4 hour

The EUR/USD used the 38.2% Fibonacci retracement level as a support for a bullish bounce at wave...


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