TradingWaves | Elliot Waves Analysis | Price

Chart Analysis

Wed 09-01-2019



USDJPY

Wave ii is about to be completed now and Wave iii up should start pretty soon.

60Mins

4Hours

Daily




GBPUSD

Wave v is moving slowly towards Resistance levels and the Wave [i] %61.80 Fib retracement level @1.2905 to complete Wave [ii]
Once Wave [ii] completed it should then start Wave [iii] with impulsive waves to the downside.


60Mins

4Hours

Daily





EURUSD

EURUSD triggered the alternate count and wave v should be the end of Wave[ii] at around %61.8 Fib Retracement of Wave [i] @1.1585
That should be the start of Wave [iii] down.

60Mins

4Hours

Daily



EURCHF

EURCHF is getting closer to finish that Wave (b) of Wave [iv].

60Mins

4Hours

Daily




AUDUSD

I am having doubts on AUDUSD 60Min Chart count so I will leave the current count as Wave (i) with a possible corrective Wave (ii) going down to Support levels.

I submited the Weekly Chart Analysis too. 

60Mins

4Hours

Daily

Weekly




USDCAD

USDCAD also not much change since yesterday: impressive impulsive series of waves to the downside on Wave (b) is making the trend levels much closer for a possible low-risk entry to take on Wave (c) towards the upside.

Not too far now from downs' Trend line...

60Mins

4Hours

Daily







USDCHF

USDCHF is about to touch the lower long-term-trend line;
The trend is best seen on the 4Hour Chart which is also taking course very rapidly on the donside towards trend Support levels for a low-risk entry.


60Mins

4Hours

Daily





EURGBP

EURGBP looks like about to finish Wave B (best seen in the Daily chart) on a series of combination corrections and soon to make its way down ona Wave C.


In the Hour Chart we can see developing Wave iii and maybe by the end of the Week or early next week we could see the change of Trend to the downside.


60Mins


4Hours

Daily