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

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

EURUSD

Bull trend in place but expect more sideways in short-term :

It appears that Euro’s potential is the same as the Dollar, but just flipped in opposite direction. The Minuette waves (a), (b), (c) and a part of (d) of a running triangle as Minute wave iv (circle) have been developed and its wave (e) down lies ahead.

The broad outlook remains bullish through the 1.1485, in anticipated rise in fifth wave of Minor wave C.

EURUSD - Intraday 240EURUSD - Intraday 600

EURUSD

Bull trend in place but expect more sideways in short-term :

The Euro has retraced through about 38 percent of the third wave of Minor C, and so has potential to develop its Minute wave iv (circle) in sideways.

The broader outlook, however, remains bullish through the 1.1485, in anticipation of rise in fifth wave ahead of Minor wave C.

EURUSD - Intraday 240EURUSD - Intraday 600

EURUSD

The bullish outlook :

EURUSD may developing in sideways on the current levels, likely in a triangle as the minute degree fourth wave of wave C.

The broader outlook could remains bullish in anticipation of the following rise in fifth wave of the ongoing wave C.

EURUSD - Intraday 600