givemesomepips

givemesomepips

GJ also opened up at 165.317 and then it continued to move all the way down to 159.627 before changing the direction and starting to move up again to around 164.253 levels. Now for me this move to the upside maybe a wave B corrective, but as it seems right now I dont htink that the move is complete so I'll be expecting an smaller move to the upside to complete...

givemesomepips

Throughout the previous week has been on a consistent BEARISH run before starting to show signs of a possible reversal on Thursday and Friday when it closed at 1.05413 levels. Even though I'm still very much bearish on the pair considering on how strong the Dollar has been recently, this coming week I don't expect much move to either of the sides (if you...

givemesomepips

This pair will be on my Red Zone this week because I'm not quite certain on the direction/bias just yet because of where it actually is. If the corrective move that started from 0.69676 - 0.76585 (which maybe a wave B) is complete, then the down move that has begun at 0.76585 - 0.70597 will be wave C. And if that's the case then I'll probably be waiting for a...

givemesomepips

As the week kicked in on Monday and Tuesday with a continuation to the downside from 93.312 to 90.435 levels of which the whole move was again corrected by the market from Wednesday to Thursday from 90.435 to 92.943 with the peak being at 3.515 before the market closed Bearish again on Friday at 91.548. My view on the pair long-term is that we still have a large...

givemesomepips

Looking at the price movements here alternatives counts of equal possibilities occurs. The previous move to the downside can either be an impulsive move which means that we are at the 3rd wave or it can be a zigzag corrective with the 3 waves so the end of the wave A. All in all I still wait for the end of the move to the downside before starting the retracement...

givemesomepips

The overall bias on this pair is still to the downside. But coming to this week I'll be expecting a corrective counter move to the upside before the continuation to the downside.

givemesomepips

Will still be looking for more continuation to the upside for price to finish what looks like a wave 3 extension, then probably wait to see the wave retracement before entering for the 5th and final wave.

givemesomepips

Looking at this pair in my view there still a possibility of an up move to finish sub-wave 5 of 3 before a retracement of wave 4 and then another up move for the 5th wave. So my bias on this pair is more to the upside.

givemesomepips Updated 

Also on this pair going down to the 1hr time frame you can clearly see that the price movement has already done wave 1-4 and we are on what's look like the 5th wave. So coming to this week (especially) On Monday or Tuesday I'll be waiting for that move to finish and then get a retracement before I short the pair for more movement to the downside.

givemesomepips

Still looking for more continuation to the downside

givemesomepips

The overall view on this pair has not yet changed but short term (or rather on the coming weeks) I can still see the pair continue moving BULLISH to finish what I believe is the 5th wave to the upside. So this week I'll be looking to buy the pair expecting more move to the upside. So lets wait and see how the candles will react once they reach the boxed level.

givemesomepips

Going down to the 1hr time frame you can clearly see that the price movement has already done wave 1-4 and we are on what's look like the 5th wave. So coming to this week (especially) on Monday or Tuesday I'll be waiting for that move to finish and then get a retracement before I short the pair for more movement to the downside.

givemesomepips

With the evident strength in the US dollar EUR has continued to decline for several days, and even though I still expect more drop, I'll be waiting to see a pull back before the pair continues to drop again

givemesomepips

With the pair showing a strong momentum to the downside, this coming week I'll still be expecting it to move even lower to finish 5 wave move to the downside.

givemesomepips

A s the pair has been dropping since the beginning of the year, I'll be expecting it to drop even more on these coming weeks as the pair finish it's last leg of wave C