Euro: EURUSD Will Move Higher – Elliott Wave Analysis

Euro (FX: EURUSD) moved nicely higher yesterday after the ECB press conference that finally sent EURUSD out of the range. As such, we believe that Euro will continue higher within current wave (v) towards 1.3680. Once those levels are tested we need to be aware of a bearish reversal in minimum three legs.

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German Dax and EURUSD Could Turn Bullish Very Soon –Elliott Wave Forecast

Markets gaped on Sunday, particularly against the EUR after five ministers in Berlusconi’s party have resigned from the government coalition. Stocks futures are also lower, but based on