Hi folks, EURO against US Dollar have trending sideways in between the price of 1.925 and 1.75 right from August , 2 months of sideways movement's end is still susceptible, towards the end of the month may gives us a clear picture,,even though strong resistance above 1.88 and support at 1.82, this pair looks at end of the triangle..may be the monday opening will...
Hi Friends, EURUSD trading on final leg of complex corrective pattern on medium term. On short term price reached its monthly support levels and also as per wave count i am expecting EURUSD found minor bottom @ 1.1050 level. From here i am looking corrective upside upto 1.1130 level.We can clearly see wave 2 of this count took more sideways action so wave 4 we...
Hi Friends, EURUSD approaching bottom @ 1.0930 level on medium term. As per my wave count short term this pair trading on final leg of B wave.
The structure of Bearish Gartley (marked blue) and Bearish AB=CD (marked green) suggests an end of honeymoon period for bulls. With ECB meeting scheduled today and INDEX:DAX trading around 10,750, there can be short opportunity in the range of 10,800-10,950 for the target of 9,300-8,800 with the stop loss of 11,500.