EURUSD keeps its head up
The EURUSD is still trying to move northward to the 1.3110 target (1.270 fib extension). Currently consolidating so watch for a breakout to get that target. Downside risk is at 1.2938 ( R3 and .618 fib...
Read MoreThe EURUSD is still trying to move northward to the 1.3110 target (1.270 fib extension). Currently consolidating so watch for a breakout to get that target. Downside risk is at 1.2938 ( R3 and .618 fib...
Read MoreREMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! Article to read: http://tinyurl.com/252guj8 CLICK ON IMAGES TO ENLARGE...
Read MoreMarket is squaring up yesterdays move and is approaching the .786 retrace of yesterday. Barring a bounce here the targets south are 1.2771 ( S3) and then the support at 1.2738. Further target lies at 1.2682 –...
Read MoreEURUSD has retraced to the .500 fib and is poised to begin the fall. The bottom trendline was broken indicating the Euro weakness and the target area is 1.2652 (confluence of the .270 fib Extension, the 5th support S5 and...
Read MoreWatch for the reaction at the trendline. Should get at least a small bounce and then if it holds look for the 5th wave to start up (?). If it does no look for deeper correction to the .382 retracement at...
Read MoreWe have had 4 tests of the bottom of the range @ 111.50. Market may exhibit a small pullback and try to break it. If so look for the 111.00 as the first target ( .270 fib extension- S4) a break further targets the...
Read MoreREMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! HOLIDAY IN THE USA Monday! CLICK ON IMAGES TO ENLARGE...
Read MoreEURUSD hit the key resistance of 1.3000. It is Friday so be cautious as they could square up vs. continue this rally. The 1.270 Fib Extension coincided with the key psychological area of 1.3000 and may yet...
Read MoreEURUSD moved very close to the 1.2900 target area. Currently has taken out the .618 fib EXTENSION. There is strong Resistance at 1.2887 but since that is so close to the 1.2900 I think traders will take out the...
Read MoreAussie hit our targets to the pip. We have divergence in the cross and a rising wedge BOTH lends itself to at least a pullback. Looking for a pullback to the .8722. A deeper plunge would be the .8559 over the...
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