12-Month Starting with the 12-month time frame we can observe a leg up from 2001 to 2011 where price went from the lows of 0.47760 to the highs of 1.10802. Since making our highs in 2011 momentum has changed and we have dropped to test 0.68910. In 2017 and 2018 we retraced to test 0.80656 […]
Author archives: bigbadfox
EURUSD Daily Looking Like More Upside
After hitting our significant higher time frame level and forming an ugly double bottom at 1.09058, we have rallied up to 1.11813 (purple level). Next week I expect price to eventually break this purple level, as it is our second attempt and there is still bullish momentum present. A pop to the 1.12155 area should […]
EURUSD High Time Frame Analysis
12-Month Let’s start this blog with some EURUSD analysis. The 12-month time frame shows we are currently retracing the leg from Jan-2000 to Jan-2008. From the highs of 2008 we dropped to 1.04151 support which originates from the high of the candle which made our Jan-2000 low. We have since rallied up to 1.23295. The […]