Currency Pair = EUR/USD

Medium term trade.

Time Frame = Daily

Signal = Sell market price for limited wave iv.

Risk Reward Ratio = equal or below 0.0

Short term target for SubMinutte Wave iv at 1.4050 area.

Stop Loss at above 1.4300 area.

EUR/USD Elliott wave Analysis :-

Again Euro vs US Dollars has made new record high at the end of last trading week.In my Broker Platform EUR/USD has traded above 1.4250 area.Others trading platform reached 1.4280 point high.That is 80+ point above our target for the previous Elliott wave EUR/USD signal.We expect continue of bullish rally but there could be a little retracement before higher target archive.That is where our short term signal come out.

For this High Risk Short term trade, we target wave iv at 1.4050 area.Stop is above 1.4300 area.Remember our previous 2nd target for Medium Term - Medium Risk Signal?That is still our Major trend right now.So if you don’t have a good strategy for scalping than I do not recommend to take this high risk trades.Stay with Medium to Low Risk Signal.

There should be a medium risk signal for next trade when EUR/USD made their move either to retrace or made a correction.When next pattern show up then it will sure help us to get a better risk/reward signal.

Illustrated Chart of latestt EUR/USD Elliott Wave Signal.

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Below are some of our last Elliott wave Signal Result Review.
So far its has been great and we could never been more happy to provide more signal in future.If you got any comment and recommendation you can always use comment area provided in every signal post.Thanks

Form last GBP/USD signal(23/09/07),it has hit our 1st and second target at 2.0200 & 2.0300 and now heading towars our last target at 2.0400..200++pips profit for previous GU signal..
Next GU signal will be publish on sunday.

For EUR/USD, our first target has been hitted at 1.4200,100+ pips for that and now heading towards our 2nd target.(21/9/07 signal)
We will update EUR/USD signal by today.

NZD/USD also hit our 1st target for profit of 100+pips.(25/9/07 signal)

USD/CHF from our signal on 24/09/07 still in profit position heading towards our 1st target at wave v.Currently floating with near 100pips in profit .Move stops below entry to lock profit.

USD/CAD,as our signal at 22/09/07 entry has been triggered at 1.0080 and now heading towards our first target.Currently floating with 150+pips.Secure profit as always.

Our last USD/JPY HIGH-RISK signal(20/09/07) also has been triggered but has stop-out at break even.This signal has been updated yesterday.

More free signal coming up every day.Please refer to our analysis and take a good look at our Risk/Riward ratio and our advice before you take any entry.

Best Regards.

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