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  • #23,661
  • Jul 19, 2017 12:13am Jul 19, 2017 12:13am
EUR/USD, GBP/USD Bearish Pullback to 1.15 and 1.30 within Bullish Trend

Source: https://admiralmarkets.com/analytics...-bullish-trend Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
After the break above the 1.15 round level resistance, the EUR/USD continues the established bullish trend with yet another higher high. The uptrend shows no signs of weakening as yet and price is on its way towards the Fibonacci targets of wave 3 vs 1. Currently a retracement is taking place, which can be better seen on the 1 hour chart.
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD has completed a wave 3 (purple) bullish momentum and price is most likely building a bearish correction within the uptrend. This retracement is indicated as a wave 4 (purple) and the Fibonacci levels of wave 4 vs 3 could act as support levels. A break below 1.15 makes a wave 4 unlikely.

Source: https://admiralmarkets.com/analytics...-bullish-trend Admiral Markets
  • #23,662
  • Jul 19, 2017 2:56am Jul 19, 2017 2:56am
USD/JPY Descending Trendline Marks The Downtrend

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-19USDJPY.jpg Size: 336 KB
  • #23,663
  • Jul 20, 2017 12:48am Jul 20, 2017 12:48am
EUR/USD Pullback to 1.15 before Euro Zone Interest Rate Decision

Source: https://admiralmarkets.com/analytics...-rate-decision Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
The EUR/USD retraces back to the broken resistance of 1.15 within the bullish trend which could turn out to become a support level. However, there is an interest rate decision today for the Euro zone by the European Central Bank (ECB) plus a follow-up press conference. These events will probably cause increased volatility and could heavily impact price action too.
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD could still be completing a potential wave 4 (purple) as long as price stays above 1.15. A break below it will however invalidate this wave structure and could retrace deeper.

Source: https://admiralmarkets.com/analytics...-rate-decision Admiral Markets
  • #23,664
  • Jul 20, 2017 5:36am Jul 20, 2017 5:36am
GBP/JPY Possible Momentum Change Due to M Pattern
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-20GBPJPY.jpg Size: 350 KB
  • #23,665
  • Jul 20, 2017 8:37am Jul 20, 2017 8:37am
Quoting T@rantula
GBP/JPY Possible Momentum Change Due to M Pattern {image}
Spot on... You are a serious pip-machine Nenad.
  • #23,666
  • Jul 20, 2017 8:40am Jul 20, 2017 8:40am
Quoting PariCovek
{quote} Spot on... You are a serious pip-machine Nenad.
Thanks PariCovek! Long time no see
  • #23,667
  • Jul 21, 2017 12:26am Jul 21, 2017 12:26am
EUR/USD Continues Bullish Trend after Bouncing at 1.15

Source: https://admiralmarkets.com/analytics...uncing-at-1-15 Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
The EUR/USD continued the uptrend yesterday after bouncing in the 1.15 support zone. Price reached the 161.8% Fibonacci target at 1.1650 and could continue to higher Fib targets when considering the strength of yesterday's daily candle close near the high.
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD showed strong bullish momentum after breaking above the resistance trend line (dotted red). The EUR/USD completed a wave 4 (grey) correction as expected in yesterday's analysis and is continuing with wave 3 (orange). Currently price is building a small triangle. A bullish break could see an extension towards the Fibonacci targets whereas a break below support could price retest 1.1575-1.16.

Source: https://admiralmarkets.com/analytics...uncing-at-1-15 Admiral Markets
  • #23,668
  • Jul 21, 2017 8:58am Jul 21, 2017 8:58am
AUD/USD Potential Rejections Due To ZigZag Uptrend

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-20AUDUSD.jpg Size: 326 KB
  • #23,669
  • Jul 24, 2017 12:14am Jul 24, 2017 12:14am
EUR/USD Uptrend Aims for Next Target at 1.1750

Source: https://admiralmarkets.com/analytics...rget-at-1-1750 Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
The EUR/USD showed a classical break, pullback and continuation pattern above the 1.15 resistance level. Price is still in a wave 3 (orange) momentum which could last till the next round resistance zone at 1.1750. Once wave 3 is completed, price will most likely build a wave 4 correction which should then see price continue higher via the waves 5 (brown/purple) within wave 3 (green).
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD is building a rising wedge chart pattern which could be a first signal that wave 3 (orange) is coming close to its completion.

Source: https://admiralmarkets.com/analytics...rget-at-1-1750 Admiral Markets
  • #23,670
  • Jul 24, 2017 3:41am Jul 24, 2017 3:41am
GBP/JPY Equidistant Channel Bearish Continuation


Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-24_10-17-49.jpg Size: 377 KB
  • #23,671
  • Jul 24, 2017 11:53pm Jul 24, 2017 11:53pm
EUR/USD Bounces at 1.1625 and Breaks Resistance within Wave-3

Source: https://admiralmarkets.com/analytics...-within-wave-3 Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
The EUR/USD is building a minor correction within the larger uptrend (blue line). A bullish continuation is likely to see price test the 1.1750 round resistance level. The momentum is part of a wave 3 (orange) which is part of larger wave 5 (purple) of wave 3 (green).
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD broke the support trend line (dotted blue) of the rising wedge chart pattern mentioned in yesterday's analysis. Price retraced back to the 38.2% Fibonacci level of wave 4 (purple) and bounced at the support level. The bullish breakout above the correction and resistance trend line (dotted red) could price move towards the Fibonacci targets of wave 5 vs 1+3.

Source: https://admiralmarkets.com/analytics...-within-wave-3 Admiral Markets
  • #23,672
  • Jul 25, 2017 4:52am Jul 25, 2017 4:52am
USD/JPY Close To 50.0 Fib Retracement And Weekly H3 Pivot Point Confluence

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-25USDJPY.jpg Size: 306 KB
  • #23,673
  • Jul 27, 2017 12:24am Jul 27, 2017 12:24am
US Dollar Continues Downtrend after Fed Leaves Rates Unchanged

Source: https://admiralmarkets.com/analytics...ates-unchanged Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu4.png
As expected the Federal Reserve (Fed) left the interest rates unchanged for the US, which caused the US Dollar to weaken against multiple currencies, including the Euro. Prior to the FOMC statement in the US, the EUR/USD retraced back to the 23.6% Fibonacci level of wave 4 vs 3 but price bounced strongly soon after. The EUR/USD has now reached the 1.1750 resistance level and a break above it could see price challenge the Fibonacci targets of wave 5 vs 1+3.
1 hour
https://fxmedia.s3.amazonaws.com/art...07-2017eu1.png
The EUR/USD completed a wave 4 (orange) retracement and is now building strong bullish momentum. This is probably part of a wave 3 (grey) within wave 5 (orange). Once the wave 3 is completed, it is likely to see a wave 4 and 5 (grey) continuation.

Source: https://admiralmarkets.com/analytics...ates-unchanged Admiral Markets
  • #23,674
  • Edited Jul 28, 2017 2:13am Jul 27, 2017 2:39am | Edited Jul 28, 2017 2:13am
Quoting Ocean Orca
GBP/USD Wave-4 Retracement in 38.2-50% Fibonacci Zone - your capital is at risk GBP/USD 4 hour {image} The GBP/USD is building a larger bullish retracement within a downtrend. The Fibonacci levels of wave 4 (blue) are potential resistance zones for a bearish turn. 1 hour {image} The GBP/USD could expand the correction within wave 4 (blue) via a WXY (orange) unless price breaks below the support (blue/green) which could trigger a continuation of the downtrend. The 38.2%-50% Fibonacci...

Oh god! It's so complicated for a newbie like me. I rather go to bed or enjoy movies in Netflix APK in appnaz.com/android/netflix-com.netflix.mediaclient than stick to all of this!
  • #23,675
  • Jul 28, 2017 8:36am Jul 28, 2017 8:36am
EUR/USD Is Still Bullish But Watch Weekly H3 Camarilla Pivot
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 334 KB
  • #23,676
  • Aug 1, 2017 3:48am Aug 1, 2017 3:48am
EUR/JPY Bullish W Pattern Marks The Possible Uptrend Continuation

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-01_10-20-59.jpg Size: 350 KB
  • #23,677
  • Aug 1, 2017 11:58pm Aug 1, 2017 11:58pm
Quote
Oh god! It's so complicated for a newbie like me. I rather go to bed or enjoy movies in Netflix APK in appnaz.com/android/netflix-com.netflix.mediaclient than stick to all of this!

Hi Nick, learning something from scratch is always difficult. Don't worry about it, it's very normal. Just take it step by step, day by day and it will get better. Also be aware that it's not that complicated as it seems, we explain how to do simple wave analysis and trading via our ecs.SWAT course: http://www.elitecurrensea.com/wave-a...-trading-swat/. Nenad teaches technical trading via his ecs.CAMMACD course: http://www.elitecurrensea.com/camari...ading-cammacd/
  • #23,678
  • Aug 1, 2017 11:58pm Aug 1, 2017 11:58pm
EUR/USD Aiming at 1.20 after Break above Wave 4 Correction

Source: https://admiralmarkets.com/analytics...e-4-correction Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...08-2017eu4.png
The EUR/USD built a small correction after the bullish breakout earlier this week. The bearish retracement stayed above support trend lines (green/blue) and could now be ready for a continuation towards the Fibonacci targets of wave 5 vs 1+3 at 1.1925 and even 1.20.
1 hour
https://fxmedia.s3.amazonaws.com/art...08-2017eu1.png
The EUR/USD seems to have completed a wave 4 (grey) retracement within wave 5 (orange). A bullish breakout above the resistance trend line (red) and the previous top at 1.1850 could indicate the end of wave 4 and the start of wave 5 (grey).

Source: https://admiralmarkets.com/analytics...e-4-correction Admiral Markets
  • #23,679
  • Aug 2, 2017 12:00am Aug 2, 2017 12:00am
Hi traders, great week for trading the EUR/USD.

Here is my pre-fact analysis: US Dollar Weakness: Best Setups on EUR/USD and NZD/USD --> http://www.elitecurrensea.com/forex-...ofit-ecs-swat/

Here is how the analysis worked out: http://www.elitecurrensea.com/forex-...-trade-setups/

And here are some stats we did with backtesting: http://www.elitecurrensea.com/forex-...ofit-ecs-swat/
  • #23,680
  • Aug 2, 2017 5:50am Aug 2, 2017 5:50am
AUD/USD Bullish POC Zone Should Provide Continuation
*trading involves risk
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_(2).jpg Size: 358 KB
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