


Highly possible continuation upwards, details on the chart.
The possibility of the down move continuation, details on the chart.
Long Entry setup (My opinion, not a suggestion, nor recommendation) Details on chart
Details on the chart. News are coming, and there is a possibility for EUR to go further UP. However, the major trend is still down. Selling the euro is probably better off the areas mentioned on the chart.
In case of a further correction the price can get in a mid term to 0.775 level. It is not yet confirmed, however this level is also a low of July 2012. First U-turn Area is at around 0.74-0.75 Continuation towards the crab pattern target is possible only in case of this area breakout, otherwise the bounce of the area is possible.
Current price action is showing us a continuation towards the Cypher target, and also our EW count T junction, breaking through this level will lead the price to new lows. Details on the chart.
Details on the chart. The main idea - before we're breaking through 94 - we're staying in bullish trend I have placed a short take profit, due to a lack order management in the system. The positions have to be managed, and stops must not be less then 2/3 lower then tp's
Details are on the chart, please review.
Using MACD line crossing the "0" line as a noise filter and confirmation of a wave formation. Each cross confirms peak/trough formed in between, and we're using it in our timeframe (no subcounts)
As another point of view, the DXY can be at the end of wave 4 of the current down move, so wave 5 of a larger grade has not started yet. Depending on how the day will be closed, it will possibly give us another buying opportunity for the dollar - opposite currencies.
With 2 consecutive bullish days, the US dollar index has confirmed it's reversal. possibility is that the wave V is at it's beginning. the T-junction for it is at the 93.75 area. In case if the area is broken down - we will have to change the view.
First of all from the EWA point of view the retracement area (usual) would be at 92.00 Level, however, the current level 93.50 is in the area of historical congestion, and the retracement is possible at this area as well. Details on the chart.