Your browser does not support JavaScript!
EURUSD Elliott Wave Blog!

EURUSD Elliott Wave Theory in Action

Elliott Wave Forex EURUSD 1 + 4 hr-21 Jan 2019

Elliott Wave Forex EURUSD 1 + 4 hr-21 Jan 2019

Elliott-Wave-Forex-E...

Elliott Wave Forex EURUSD 1 + 4 hr-21 Jan 2019

Eur/Usd 1 Hour Chart
Monday, 21 January 2019 at 7:56:00PM AEST

Regarding the FX, my focus is on EURUSD as this one turned perfectly lower in five waves from 1.1568. It’s an impulse that show us direction of a trend; it’s down so more weakness will be expected after a bounce. I am waiting on three wave a)-b)-c) rise back to 1.1425 maybe even 1.1480 area which would be nice resistance area for this pair.

eurusd1hr01-21

Eur/Usd 4 Hour Chart
Monday, 21 January 2019 at 6:14:00PM AEST

No change.
EURUSD is nicely trading lower, now breaking below the 1.142 bearish level which indicates a completed correction and a minimum three-wave drop in play. At the moment we see price unfolding wave i of C, which can look for support and a temporary corrective recovery near the Fibonacci projection zone of 261.8 and at the lower channel line.

eurusd4hr01-21

 

GET A TRIAL MEMBERSHIP HERE

$1 for a 20 Day Trial Membership to see all our fantastic Elliott Wave analysis for your self!


GET A GRIP ON ELLIOTT WAVE BASICS

Forex EURUSD Elliott Wave, Forex EURUSD, EURUSD Elliott Wave, Forex, EURUSD, Elliott Wave,

Related

Tags

EURUSD

Categories

Share

You need to login in order to comment
What our clients say
Latest EURUSD posts

 Get Your Trial
20 Days for $1

 

WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!

  • Our coverage means you get maximum flexibility in your trading options
  • Trade Signals for Share + CFD trading
  • Analysis + Trades updates every day
  • Elliott Wave specialists
  • Discretionary strategies to take away

 

Our huge range of markets include charts + videos for:

  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil
  • Forex daily – Primary pairs + US Dollar Index
  • Buy/Sell Trade Signals – ASX, US + UK stocks – selection, set, come back next day


Also included so your trading can really improve:

  • TradeCheck to check your own analysis or trades
  • CFD Analytics Software to calculate, manage and track your trading
  • Trading Education plus One-2-One Class
  • Phone + Email support
  •  
AddThis Sharing
AddThis Sharing