A good time for an update to the EURUSD macro chart. Before we begin, lets quickly review the previous monthly chart:
As widely anticipated, wave 2 coming to an end and marking the beginning of an impulsive wave 3. This is going to set the tone for the remainder of the decade and far beyond. The USD bull market is coming to an end:
A flawless turning point so far:
For those wanting to get closer to the market, I have posted a recent update to the EURUSD weekly chart here:
and a daily chart here:
Thanks all for following and keeping the likes and comments coming. For those wanting to dig deeper feel free to open the conversations in comments below for all to benefit from.
Hey Rider! Thanks for the upvote on my EURUSD. Was struck by the tremendous similarities between EURUSD and the short term Silver chart. It's like Silver is ahead of EURUSD by 3 years on the daily basis. Take a look, you'll see what I mean. Good Luck next week with that whole BREXIT Circus, should be a heck of a ride. Cheers!