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Fractology

EURGBP is about to reverse downWeeks ago We published our bullish view on EURGBP. (Check the link - www.fractology.biz ) Since then the pair has risen up more than 5 percent. It was a spectacular chance to increase your trading account. At the moment We have revised the analysis and expect a complete reversal. This should become possible within an enormous daily zigzag move which represented a correction since an impulse down in October and November 2016. However, Fractology advises waiting for the price to violate the trendline down and correct itself to make that move possible.
Short
by AleksandrLombrozo
US DOLLAR INDEX might soon surge upThe chances are very high US DOLLAR INDEX surges up soon. There might be several reasons for that: 1. Price is oversold. It came down fast without any correction. 2. On an hourly chart, the price is forming a pattern which usually features a correction or a complete reversal. 3. Our analysis of major US dollar peers indicates they are losing their ground and might weaken. (See our analysis of GBPUSD, USDCAD, EURUSD) Fractology recommends covering short positions for US dollar and looking for buying opportunities.
FX:USDOLLARLong
by AleksandrLombrozo
EURUSD selling opportunityEURUSD has been under a lot of buying pressure for the last two weeks. Fortunately, markets do not move in straight lines. Markets give us a chance to enter short positions when a price is heavily overbought. I assume such overbought conditions are clearly visible on EURUSD chart. In terms of wave theory, it is highly likely the price will go down if it violates the pattern line. it would be reasonable to wait for that break and then sell after a period of a small correction.
Short
by AleksandrLombrozo