The situation regarding the currency pair under consideration is developing in accordance with the previously outlined scenario. The decline, which had formed as an impulse, concluded with a converging horizontal triangle in place of Wave...

The situation regarding the currency pair under consideration is developing in exact accordance with the previously outlined scenario. The impulse decline concluded with a brief Wave 5. The culprit was the formation of a converging...

In the previous update, a temporary halt in the downward price movement was considered. The formation of corrective wave iv was anticipated. Now its general outlines are taking shape. It appears we are observing the...

The Euro remains under pressure, and the maximum strength it can gather so far is a brief pause in the form of a weak corrective pullback, after which the price consistently slides downward, renewing its...

Although the price continued to fall, it did so reluctantly, without any enthusiasm. This may indicate seller exhaustion, which buyers will almost certainly try to take advantage of. Furthermore, the current structure strongly suggests that...