AU Tel: +61 (0) 28 005 7774 | support@fxservice.com

Daily Wave Analysis

July 08, 2014 - 07:16
EURUSD Whether the potential ABC (magenta) to complete wave X (blue) has been completed remains to be seen in today’s price action. 4 hour EURUSD: The EURUSD  could potentially break out (green and red arrows) if price breaks above resistance trend lines (brown and orange) or below support (Fib level). 60 min EURUSD: GBPUSD Price is in a potential 5th wave with a typical presence of divergence. 4 hour GBPUSD: A potential breakout (green arrows) could occur for a 5th wave (brown) up to the Fibonacci targets (100% / 161.8%). 60...
July 07, 2014 - 06:41
EURUSD The downside movement could be part of a potential ABC (magenta) to complete wave X (blue). 4 hour EURUSD: The EURUSD  could potentially break out (green and red arrows) if price breaks above resistance trend lines (brown and orange) or below support (Fib level). 60 min EURUSD: GBPUSD Price is in a potential 5th wave with the typical presence of divergence. 4 hour GBPUSD: A potential bounce and breakout (green arrows) could occur for a 5th wave (brown) up to its Fibonacci targets (100% / 161.8%). 60 min GBPUSD: USDJPY The...
July 04, 2014 - 07:05
EURUSD In yesterday’s price action the EURUSD fell towards a support trend line (purple) and potential wave X (blue)Fibonacci retracement levels. 4 hour EURUSD: The EURUSD  could potentially break out (green and red arrows) if price breaks above resistance (red and orange) or below support (purple and Fib level) trend lines. 60 min EURUSD: GBPUSD Price is in a potential 5th wave with slight divergence. 4 hour GBPUSD: Yesterday’s price action indeed bounced at the 38.2% Fibonacci retracement level. A pullback to half way...
July 03, 2014 - 07:04
EURUSD The EURUSD has bounced off of the 100% Fibonacci targets. The up move could have completed a wave W (blue) which entails a potential wave X and Y (blues) remaining. 4 hour EURUSD: The EURUSD  could potentially break out (green and red arrows) if price breaks above resistance (orange) or below support (magenta and purple). 60 min EURUSD: GBPUSD Price is in a potential 5th wave with slight divergence. 4 hour GBPUSD: The GBPUSD seems to be building on a wave 3-4-5 (brown) of wave 5’s (blue and green). The Fibonacci levels...
July 02, 2014 - 07:07
EURUSD The broken resistance (red) could become potential support (green) for a potential continuation up to Fibonacci targets, which could occur via an ABC pattern (orange). 4 hour EURUSD: The EURUSD  could potentially continue with more break outs (green arrows) if price breaks above resistance (purple), which could be explained via a 12345 (blue) wave count of a wave A (orange). 60 min EURUSD: GBPUSD Yesterday’s continuation to the upside is providing a 5th wave extension.   4 hour GBPUSD: Wave 3 (brown) could have...
X
Loading