Posts

Chart of the Day – EURUSD- (September 3rd 2019)

The EURUSD found support ahead of the 161% extension of the May lows to June highs near the 1.0920 level.

Chart of the Day – EURUSD- (June 27th 2019)

The EURUSD is quietly consolidating above the 200dma as price action continues to compress into a pennant.

Chart of the Day – EURUSD- (June 24th 2019)

The EURUSD has closed above the 200dma and also the 35% Fibonacci retracement of the Sept 2018 highs to April 2019 lows.

Chart of the Day -EURUSD- (May 23rd 2019)

The EURUSD is at risk of a double bottom being formed since the 1.1110 level held as support once again.

Chart of the Day -EURUSD- (May 8th 2019)

The EURUSD has developed a triangle consolidation despite the AB=CD pattern pointing lower. Obviously, the risk moving forward is the China/US trade deal in the coming days.

Chart of the Day -EURUSD- (March 7th 2019)

The EURUSD has finally cracked the multi month range lows and seems to be breaking lower (finally!) to test the 127% extension of the last rally.

Chart of the Day -EURUSD- (Jan. 9th 2019)

The EURUSD finally broke higher out of the two month consolidation with the pair reaching as high as 1.1550 today.