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EURUSD prediction 1st of September 2016

secla Posted 30 July as Analysis on EUR/USD, Target: 1.1629, Date: 1^st of September, 12:00 GMT in #Technical analysis #EUR/USD

Good Day,
please find my predictions for the eur/usd

This is still 4th wave correction, I think in the larger downward move
On the W1 chart we can see a strong engulfing pattern, which may indicate the reversal to the upside
On the D1 we can find the broken trend line and resistance line are being broken as well
To sum up this market may make another move to the upside now with the target area of the fibo levels as marked on the charts
My prediction for the 1st of September is 1.1629

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secla Posted 19 June as Analysis on EUR/USD, Target: 1.21960, Date: 1^st of August, 12:00 GMT in #Technical analysis #EUR/USD

E/U ist still in it's 4th corrective wave based on the larger trend
This corrective structure will take a shape of an flat ABC structure (red)
C wave is an double three (rare case) ... so I'm expecting another ABC structure to develop and complete the bigger (black) ABC
I have used the fibo time zones to predict the exchange rate for the 1st of August 2016

My prediction 1.2160

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