Wave Analysis - MTrading
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Majors Stand Out due to their Indecisive Price Action

March 27, 2015 05:33

EUR/USD

4 hour

The EUR/USD price action remains corrective and is unable to break out of the contracting triangle chart...


Trend Lines are Dominating the Major Currency Pairs

March 26, 2015 05:04

EUR/USD

4 hour

The 100% Fibonacci target of wave Y (magenta) is equal to the 23.6% retracement of wave 4...


The Wave 4 Correction Provides USD Bears Space Down to 23.6% Fibonacci Level

March 25, 2015 05:29

EUR/USD

4 hour

The EUR/USD is probably correcting upwards as part of a larger wave 4 (green) with a 23.6%...


Major Currency Pairs Offer Key Breakouts on Lower Time Frame Charts

March 24, 2015 04:51

EURUSD

4 hour

The EURUSD used the wave B (magenta) support levels for a bounce yesterday. A next bounce could...


Weekly Forex Overview: Long Term FOMC Effect on USD

March 23, 2015 08:24

This week's video analysis discusses the intermediate and long-term USD trend in wake of the FOMC statement and its bearish...