The structure of USDCHF hints that at the end of November, the actionary wave y of the cycle degree ended. This was followed by a cycle intervening wave x. The intervening wave x t… Read More
The current structure of the USDCHF pair suggests the development of a cycle wave y, which hints at a double zigzag Ⓦ-Ⓧ-Ⓨ of the primary degree. Let’s pay a… Read More
The current USDCHF formation hints at a double zigzag Ⓦ-Ⓧ-Ⓨ in cycle wave y. Currently, the last primary wave Ⓨ is under development. Due to its complex internal stru… Read More
USDCHF Forecast: In Consolidation Mode but Bearish Pullback is Likely
The USDCHF pair continues to idle inside a rectangle formation as you can see on my daily chart below suggests a consoli… Read More
Forex Breakouts from Fadeouts
Telegram Forex Signals | Breakout Trading is considered to be a very lucrative Forex Strategy because it provides excellent reward-to-risk ratios. However, dang… Read More
Not a lot has changed for the USDCHF since I last covered the pair on September 20th. However, I want to do a quick recap because I still believe that the US dollar is set to strengthen in t… Read More
Is it really so good?
European indices look set for a negative open this morning as the two-day risk rally appears to have run out of steam. The number of reported coronavirus cases globall… Read More
Technical Outlook July 27, 2016EURUSD
EUR/USD fluctuated in both directions yesterday and there were almost no changes by the end of the session. The market now is waiting for the main even… Read More