The fourth wave iv of senior level continue to form. Apparently, the third wave c is forming now and the whole of the fourth wave is taking a shape of a zigzag. The level 1.1205 is critical in this scenario.
Sell the pair from corrections below the level of 1.1205 with a target at 1.0880.
Breakout and consolidation above the level of 1.1205 will allow the pair to continue the rise up to a level of 1.1650.
February 27, 2017 EURUSD dropping perfectly, remain bearish
Price is dropping nicely towards our profit target. We remain bearish below 1.0604 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a further push down to 1.0494 (Fibonacci extension, horizontal support)...
February 27, 2017 Gold reached three-month highs
Spot gold remained on strong bullish footing on Friday. After an Asian flat the price got an upward impetus in the European morning...
February 24, 2017 Gold surges to major $1250 resistance as uncertainty prevails
Gold surged Thursday on a breakout of its previous consolidation to hit and slightly exceed major technical resistance at $1250, a level not seen since early November...
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