Category Archives: EURUSD – Weekly

EURUSD

Bearish Outlook :

After the wave (B) retrace up, Euro has resumed its trend to the downside.

The outlook still remains bearish, expecting an ultimate decline below 1.04649 and so revealing a five-wave structure as Intermediate-degree wave (C) of primary wave Y(circle), that will be conclusion of the bear market since July 2008.

EURUSD - Weekly

EURUSD

Bearish Outlook :

The persistent market’s selloff in this week indicates the Euro’s bearish stage that Intermediate-degree wave (C) have begun its way down. A continued decline below 1.04649 will unfold the entire pattern since July 2008, ultimately as a [W – Triangle X – Y] correction.

The expected target for decline in the wave (C) is around 0.95318, where equals 0.618 times the length of the same degree wave (A).

EURUSD - Weekly

EURUSD

Bearish Outlook :

The Euro’s bearish stance still is in place, with respect to the overall weekly-pattern as a [W – Triangle X – Y] which its Minor-degree wave Y remains in progress.

The expected target for decline in Intermediate wave (C) is around 0.95318, where equals 0.618 times the length of the wave (A) of the same degree.

EURUSD - Weekly

EURUSD

The bearish potential still retains in Euro, with respect to the overall weekly-pattern as [W – Triangle X – Y] which its Minor wave Y remains in progress.

The expected target for decline in Intermediate wave (C) is around 0.95318, where equals 0.618 times the length of the wave (A) of the same degree.

EURUSD - Weekly

EURUSD

The bearish potential retains in Euro, with respect to the overall weekly-pattern as [W – Triangle X – Y] which its Minor wave Y remains in progress.

The expected target for decline in Intermediate wave (C) is around 0.95318, where equals 0.618 times the length of the wave (A) of the same degree.

EURUSD - Weekly