Wave Analysis - MTrading

US Dollar weakness continues to rock the Forex boat

April 29, 2016 06:45

EUR/USD

4 hour

The EUR/USD broke above resistance (dotted orange), which expands the larger WXY (purple) development towards resistance (red)....


USDJPY bearish momentum aligned with wave outlook and Fibonacci

April 28, 2016 06:30

EUR/USD

4 hour

The EUR/USD is in bullish trend channel (purple) with resistance trend lines (orange) closeby. A bearish bounce...


EURUSD, GBPUSD build trend channels in bullish waves

April 27, 2016 07:00

EUR/USD

4 hour

The EUR/USD has approached a resistance trend line (orange) which is a bounce or break spot. A...


EURUSD, GBPUSD squeezed between solid S&R

April 26, 2016 07:30

EUR/USD

4 hour

The EUR/USD bounced at the 38.2% Fibonacci level but needs to break above the resistance (orange) trend...


Major currency pairs arrive at invalidation levels

April 25, 2016 07:00

EUR/USD

4 hour

The EUR/USD is still showing choppy price action on this 4 hour chart. Price remains entrapped the...