Wave Analysis - MTrading

GBPUSD, USDJPY moving quickly in wave C momentum

May 27, 2016 07:00

EUR/USD

4 hour

The EUR/USD broke the resistance trend line (dotted red) of the downtrend channel. This bullish break is...


EURUSD, GBPUSD break long-term resistance but with different wave counts

May 26, 2016 07:00

EUR/USD

4 hour

The EUR/USD is testing the resistance trend line of the downtrend channel (red/green). A bullish break, however,...


EURUSD and USDJPY shallow pullbacks expected, GBPUSD huge momentum

May 25, 2016 06:15

EUR/USD

4 hour

The EUR/USD downtrend channel (red/green) remains intact and yesterday price broke another bear flag chart pattern (dotted...


Major Forex pairs dominated by robust downtrend channels

May 24, 2016 07:00

EUR/USD

4 hour

The EUR/USD is pausing at the 100% Fibonacci level of wave C versus wave A. Wave C...


Decisive movements for EURUSD downtrend and GBPUSD triangle

May 23, 2016 07:00

EUR/USD

4 hour

The EUR/USD is building another bear flag chart pattern (orange) within the downtrend channel (red/green). Wave C...