It seems that with the termination of wave C of the last zigzag pattern as a 3-extended impulse wave,wave b of the larger degree pattern (probably flat) has come to an end.. If the wave scenario is correct, targets 140, 147 and 156 will be available.
According to the analysis performed, Wave B of the largest degree zigzag pattern seems to be. If the wave scenario is correct and the wave C starts, price targets of 93,89 and 84 will be available.
According to the analysis performed, it seems that the C wave of the larger degree zigzag pattern is terminated as a ending diagonal. If the wave scenario is correct, it is expected to reach the targets of 1.1550 and 1.18.
Update of previous analysis of EURUSD currency pair ... The Corrective phase seems to have ended as an Irregular flat pattern. If the correctional phase is over, There is a probability that the C wave of the assumed zigzag pattern will occur.
Update of previous analysis of Dollar Index ... The Corrective phase seems to have ended as a flat pattern. If the correctional phase is over, There is a probability that the C wave of the assumed zigzag pattern will occur.
Everything is shown in the chart.
Continued analysis of Dollar Index ... The Dollar Index seems to have reached the end of its uptrend and will enter the corrective phase soon. According to the analysis, we expect the pair to complete its corrective phase around late next week and re-enter the new uptrend.
Continued analysis of EURUSD currency pair ... The EURUSD currency pair seems to have reached the end of its downtrend and will enter the corrective phase soon. According to the analysis, we expect the pair to complete its corrective phase around late next week and re-enter the new downtrend.
The bearish zigzag correction pattern seems to be over. There are two scenarios at this time: 1. The recent zigzag pattern is the end of the corrective movement. From now on, Dollar Index enters a sharp Ascending accelerating wave. If this scenario is true, this move will break the top of 15 August (97) and Dollar Index will go towards higher targets. 2. The...
The bullish zigzag correction pattern seems to be over. There are two scenarios at this time: 1. The recent zigzag pattern is the end of the corrective movement. From now on, EURUSD enters a sharp descending accelerating wave. If this scenario is true, this move will break the bottom of 15 August (1.3000) and Eurodollar will go towards lower targets. 2. The recent...
In accordance with what is described in the chart, the dollar index seems to be completing wave b from a zigzag pattern. If wave b completes, wave c will be able to reach the target price of 93.65.
Short-term analysis of the EURUSD Currency Pair. The 5-wave sequences of the C-wave Zig Zag pattern seem to have begun.
In accordance with what is described in the chart, the EURUSD currency pair seems to be completing wave b from a zigzag pattern. If the wave b completes, wave c will be able to reach the target price of 1.1927.
EURUSD seems to be bullish. If the analysis is correct, it seems that eurusd after completing waves a and b from a zigzag pattern is completing the c wave of this zigzag. In this case, the possible targets for the c wave's end point are 1.1783 and 1.1927