Category Archives: EURUSD – Intraday

EURUSD

Base on this bullish alternate count in the Intraday frame, the Euro should continue to rise in Minute wave c (circle) of Minor wave Y, before the end of entire correction as a double zigzag.

The bullish outlook is through the expected target at 1.18135, where the waves of Y and W are equal, while price holds above 1.08470.

EURUSD - Intraday

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EURUSD

Initial Decline In Minor first Wave Underway :

Euro is falling likely in Minor wave 1, which its Minute waves of i, ii and iii were completed, and its fourth and fifth waves lie ahead.

The outlook remains bearish now against the 1.1066 end point of the Minute first wave.

EURUSD - Intraday 240EURUSD - Intraday 600

EURUSD

The Euro has registered its new high, as expected, and achieved the Fibonacci 1.1464-1.1485 cluster targets – as shown on the 600-minute chart.

The outlook tentatively remains bullish in short term through the 1.1535, where the fifth wave of Minor wave C equals the length of its first wave.

Note : I’ve explained the Minute wave iv (circle), in two alternate counts.

EURUSD - Intraday 240EURUSD - Intraday 600

EURUSD

Bullish outlook :

The Euro is rising in anticipated fifth wave of Minor wave C, after completing its fourth wave. The outlook immediately is bullish against the 1.1207, through the 1.1464-1.1485 range.

Note : I’ve explained the Minute wave iv (circle), in two alternate counts. (see on these charts)

EURUSD - Intraday 240EURUSD - Intraday 600