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Euro will hopefully follow the path.

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I expect a reaction from the green support, then a good short entry point might be caught. On the other hand, if the reaction is so much that it breaks above the red line, I will be on the long side.

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The narrow trading range holds as the price unfolds to a decision point. The final swing from the trendline hit should continue to retest the previous lows.

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Finally we have seen an upward motive in Gold. The lower median line was retested several times with swings which did not last long. Now the bears are struggling against it again. They still have time. But the clock is ticking, and if we don't see any lower lows in a day, it means the bulls take over. I would still consider any long position before reaching the...

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The dashed lines show longer term levels. We saw the price has gone above the range. This trial may continue until the red line, which is also Fib .5 level. The price action in the following days is of great significance. A quick action reversing back to the blue line would indicate further downward movement, whereas a price action consistent above the latest...

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Now we have reached the AB=CD target (see "1.32") with a triple bottom and losing bear strength. A non-failure swing breaking the downward trendline will induce a long entry.

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I took an aggressive short on this pair as it passes down the Warning Line 1, with S/L above the blue supply line. Those two blue lines still mark the sovereign supply and demand zones. We have seen AUDUSD tried to go lower than the demand line three times, each time loosing strength, shown as green arrows. But I think the bear power is coming into effect as we...

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Now that most of us are still alive after the FOMC notes. The upward pressure could not achieve re-entering the price zone defined by the red and the green lines in the chart. Expect more selling.

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AB=CD target has not yet been reached. If the price hits the red line and shows bullish strength, I will go long. If it breaks the green line with a bullish strength, again, I will go long. If the red line is broken near the apex, I will go short. If that happens earlier, I will wait.

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Here's the latest picture of EURUSD. Fib levels .382 and .886 are to be watched. Any price action breaking any of these key trendlines may result in a relatively high volatile market. This may be towards either side. Breakouts must be confirmed before taking a position. Whipsaws highly likely.

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Now we all witnessed the breaking of the purple line. The pullback has been going as expected, in a corrective way, whose momentum will soon be exhausted. Retest of the purple may trigger an entry, or a breakout of the blue to the downside, or even more certainly, the pullback after the downward breakout. But the best of all is to wait until Monday.

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Finally, the expected breakout happened. What do we do? We wait. Wait for an entry with 90% odds of winning, as we always do.

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I am stopped out at BE. Now waiting for the news flash before a re-entry. Price is also approaching the apex, at which we may see action to both sides.

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Self-descriptive chart.

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There is none but one thing which is universally bound to happiness in the market, and it is patience. The correction anticipated in "1.29" was harsher than expected due to the news, but not harsh enough to push the market into a persistent action above the lower median line. Now we are still waiting for a downward breakout.

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Lower median parallel has been broken. A follow-up retracement is expected after which GBPUSD should continue to its downward movement.

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The Hagopian line has finally been broken with strength. More buying is on the way, it seems.

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Median line touched. The expected reversal to the upside must be confirmed by the smaller time breakouts.