EURUSD has accelerated to the downside yesterday and broke to new lows as expected. We have been looking for that move since we highlighted a completed triangle in fourth wave. Well, we are now tracking wave (5) that should be structured by…Continue
Gold prices are locked between small gain and losses since couple of days. This metal is strongly consolidated below the price level 1206. The yellow metal is traded at a very critical level, crossed 1200/ounce level and again up.…Continue
Volatile trading in the European afternoon yesterday. An initial gradual improvement, building upon Tuesday’s downside rejection reversed. The subsequent decline of more than 1 big figure was aggressive and resulted in a 2nd down day in a row and…Continue
- During last 3 months EURGBP went bearish from 0.80 to 0.72 till now
- EURUSD damaged all supports 1.18, 1.16, 1.14 & currently at 1.11
- GBPUSD managed to hold above psycho level…Continue
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