Category Archives: EURUSD – Weekly

EURUSD

Correcting In Sideways :

Also, retrace up to 61.8 percent of the prior decline, and in three waves, indicates that Intermediate wave (B) should still remain in progress.

It is anticipated Euro to develop the sideways correction until late 2016.

EURUSD - Weekly

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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