EURUSD is still bearish, currently making a five wave fall down from 1.0925, so no evidence of a low yet. But I would expect a higher corrective rally when trendline is broken.
EURUSD keeps moving lower, but with five waves from 1.1238 January high, which can represent start of a bearish trend. We labelled a five-wave drop in final stages, which can face support/bullish turn into a temporary three-wave correction at the 1.083/1.079 region.
GET A TRIAL MEMBERSHIP HERE
$1 for a 20 Day Trial Membership to see all our fantastic Elliott Wave analysis for your self!
Forex EURUSD Elliott Wave, Forex EURUSD, EURUSD Elliott Wave, Forex, EURUSD, Elliott Wave,
Pete, I don’t know how you’re doing it but your ability to pick the fall of last night/this morning is impressive. Just wanted to say keep up the good work and looking forward to the latest ASX200 video! Cheers, Daniel B. VIC
Hi Peter, I have to say I am really happy with the practical and grounded accuracy of your updates. With the deluge of data and emotions in trading online it's nice to have the safe haven of your insightful daily updates! Regards. Rod M. NSW
Hi Peter, I have been a TradingLounge Member for only a short time, but I would like to say that I am very happy with what you are doing. A couple of Forex trades that I've done in the past few weeks have put me nicely in front. Thank you. Alan C. QLD
Hi Pete, I HAVE CHANGED from a person with very little experience or knowledge of the stock market a few months ago to pretty much being taught the essence of the market by a market guru (you). I call you Grand Master Pete. Lee M. WA
I will encourage my mate to become a member because it has helped me heaps, with all the educational help from Pete as well as the daily service and the seminar. It's all great, where do I stop? Great service at a great price! Thanks again Jason N. VIC
Get Your Trial
20 Days for $1