EUR/USD: wave (iv) started

EUR/USD: wave (iv) started

EUR/USD: wave (iv) started

Wave (iii) has been ended on 7/8 MM Level, so it’s time for correction. In this case, bears are likely going to form wave (iv) in the short term. The main intraday target is 4/8 MM Level.

EUR/USD: wave (iv) started

We’ve got a pullback from 7/8 MM Level on the one-hour chart as well. So, there’s an opportunity to have wave a or w soon. Therefore, we should keep an eye on 5/8 MM Level as an intraday target.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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