The Forex Pattern, Price & Time Report – EUR USD – Mid Session

Now that the EUR USD has broken an uptrending Gann Angle, expectations are for this market to continue to the down side until the objective at 1.3610 is reached. Resistance is a downtrending Gann Angle at 1.4001.  Look for an acceleration to the downside once the swing bottom at 1.3748 is violated.

James A. Hyerczyk has been actively involved in the futures markets since 1982. He has worked in various capacities within the futures industry from technical analyst to commodity trading advisor. Using W. D. Gann Theory as his core methodology, Mr. Hyerczyk incorporates combinations of pattern, price and time to develop his daily, weekly and monthly analysis. His firm, J.A.H. Research and Trading publishes The Forex Pattern Price Time Report... More