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Daily Wave Analysis for 26 November 2014

November 26, 2014 07:36

4 hour EURUSD:

The invalidation level for the wave 2 (dark red) is the top of wave 1 (dark red).

60 min EURUSD:

Price retraced back to the 61.8 Fibonacci level yesterday. The Fibonacci retracements could be…


Daily Wave Analysis for 25 November 2014

November 25, 2014 07:25

4 hour EURUSD:

The wave 5 (blue) is often completed at the 61.8% Fibonacci target.

60 min EURUSD:

The Fibonacci retracement levels could be the turning spot for the continuation of wave 5 (blue).

GBPUSD


Daily Wave Analysis for 24 November 2014

November 24, 2014 07:15

4 hour EURUSD:

Wave 4 (blue) finally concluded after a long drawn out consolidation and a break, pullback, and continuation could now occur.

60 min EURUSD:

Price fell through support and could continue to lower Fibonacci…


Daily Wave Analysis for 21 November 2014

November 21, 2014 06:32

4 hour EURUSD:

Price is not moving away from the resistance. If price breaks through it, then the invalidation level of the current wave 4 (blue) count is at the bottom of wave 1 (blue).

60 min EURUSD:

Although price…



Daily Wave Analysis for 20 November 2014

November 20, 2014 06:30

4 hour EURUSD:

Yesterday price retraced back to the 50 Fibonacci retracement, which is usually the maximum pullback for a wave 4. The invalidation level of the wave 4 (blue) count is the bottom of wave 1 (blue)

60…