Elliott Wave Analysis

​EUR/USD Turns Bearish after Hitting 61.8% Fibonacci Target at 1.0775


EUR/USD

4 hour

In yesterday's trading the EUR/USD broke above the 50% Fibonacci retracement level of wave 2 (brown) and...


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GBP/USD Retracement Returns to 38.2% Fibonacci at 1.2750


GBP/USD

4 hour

The Members of the British Parliament have approved the Prime Minister's plan yesterday to organise an early...


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UK Snap Election Sparks Bullish Breakout above Triangle Pattern


GBP/USD

4 hour

The UK Prime Minister Theresa May has announced her goal to organise new elections ahead of the...


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EUR/USD Breaks Resistance and Continues Retracement to 1.0750


EUR/USD

4 hour

The EUR/USD broke above the resistance trend line (dotted red) as expected which could signal a larger...


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​GBP/USD Final Pieces of Contracting Triangle Built around 1.25


GBP/USD

4 hour

The GBP/USD bearish bounce at resistance (brown) confirmed wave W (orange) and price has retraced back to...


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