Wave Analysis

Major Forex pairs dominated by robust downtrend channels


EUR/USD

4 hour

The EUR/USD is pausing at the 100% Fibonacci level of wave C versus wave A. Wave C...


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Weekly Forex Overview: EURUSD & GU Bearish Impulse


The EURUSD is building a strong bearish channel, GBPUSD bounced at a bearish 78.6% Fib and is showing strong bearish...


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Decisive movements for EURUSD downtrend and GBPUSD triangle


EUR/USD

4 hour

The EUR/USD is building another bear flag chart pattern (orange) within the downtrend channel (red/green). Wave C...


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Key triangles visible on 3 major Forex pairs


EUR/USD

4 hour

The EUR/USD broke below the horizontal support (dotted blue) as the bearish channel maintains its momentum to...


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USD gains versus EUR and JPY but loses against GBP


EUR/USD

4 hour

The EUR/USD is showing strong bearish candles as it approaches a horizontal support level (blue). The alternative...


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