The EUR/USD has declined further, supposedly forming a corrective structure of the 4th wave of the whole uptrend section. At the same time the price decreased by 120 pips and tested the estimated correction level 38.2% Read more
Showing posts with label eur/usd january 18. Show all posts
Showing posts with label eur/usd january 18. Show all posts
Tuesday, January 18, 2011
EUR/USD | Euro/Dollar | Wave Technical Analysis | 18 January 2011
EUR/USD | Euro/Dollar | Wave Technical Analysis | 18 January 2011
The EUR/USD has declined further, supposedly forming a corrective structure of the 4th wave of the whole uptrend section. At the same time the price decreased by 120 pips and tested the estimated correction level 38.2% Read more
The EUR/USD has declined further, supposedly forming a corrective structure of the 4th wave of the whole uptrend section. At the same time the price decreased by 120 pips and tested the estimated correction level 38.2% Read more
EUR/USD Technical Analysis | 18 January 2011
EUR/USD Technical Analysis | 18 January 2011
Yesterday the euro-dollar pair pulled back in what was probably an Elliot wave 4 and then began rallying overnight, reaching higher in a wave 5 as anticipated.
t should reach the recent highs at 1.3450 and probably surpass them, with an eventual possible target of perhaps 1.3475, although initially I would expect it to match the highs. Read more
Yesterday the euro-dollar pair pulled back in what was probably an Elliot wave 4 and then began rallying overnight, reaching higher in a wave 5 as anticipated.
t should reach the recent highs at 1.3450 and probably surpass them, with an eventual possible target of perhaps 1.3475, although initially I would expect it to match the highs. Read more
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