EUR/USD Forecast October 15-19

EUR/USD dropped to new lows but recovered quickly and stabilized back in the known ranges. What’s next? An important German survey and final inflation figures stand out in a week where Brexit could also have a meaningful impact on the common currency. Here is an outlook for the highlights of this week and an updated technical analysis […]

Elliott wave Analysis: EURUSD and GBPAUD Update

Hello traders and welcome back to the US session! As expected, EURUSD turned lower after a five-wave rally, so we can expect now a three-wave a-b-c correction, ideally back to around 61,8% Fibo. retracement and 1.15 support area, where a correction may come to an end. EURUSD, 1h As expected, GBPAUD is moving lower within […]