Feb 6 | Forex, Forex Analysis
The previous analysis/forecast is still valid and the price action is at the same level.
The current move seems is a break out of the structure but it’s really not that strong for such a structure.
Feb 6 | Forex, Forex Analysis
Swissy didn’t go anywhere, still in the same structure and moving very slowly.
The forecast is as shown on the chart but for now, except for a small flag on the 1H time frame we don’t have any sign of it
Feb 6 | Forex, Forex Analysis
Aussie had a tiny correction, and the current move doesn’t look like anything yet, it should be only one part of a bigger structure, and only after a nice long term corrective structure can identify it with a higher probability.
Feb 6 | Forex, Forex Analysis
It’s not in a good place for trade, but we are expecting the signs of starting a short term down move as shown on the chart
Feb 6 | Forex, Forex Analysis
We believe that a corrective structure has started and it can make a pattern as shown on the chart.