January 21, 2019 - Forex Alchemy

EUR/USD Daily review for January 21, 2019

On Monday, the price will move up. The first upper target is 1.1414 – 21 middle EMA (black thin line). Fig. 1 (daily schedule)....

Wave counting analysis: Bidding on Friday, January 18, ended for EUR / USD pair another 30 bp down. Therefore, the uptrend of the trend retains...

Gold price dropped last week 0.5% to $1,281 as risk on in equities and stronger Dollar brought sellers in the precious metal pushing prices...

The Risig Wedge price parent that might have been in development between the levels of 1.3171 – 1.1400 has been invalidated. The reason was...

Technical market overview: The breakout from the triangle formation has occurred during the weekend as anticipated. The market has broken below...

GBP/JPY is expected to move higher towards 151.90 as long as it holds above key support at 139.43. Ideally minor support at 140.71 will be able...

The price swing down to 118.72 completed wave (E) of the more than 10 years long triangle consolidation and we should now look for wave (C)...