Tue 22-01-2019
USDJPY
USDJPY might have completed Wave iv of Wave (iii) at the first levels of support created by the highest of previous Wave (i).
The next move tomorrow should be to complete Wave v and, hence Wave (iii) at the next levels of Resistance.
60Mins
4Hours
Daily
Weekly
USDCAD
USDCAD has crossed the smaller upper trend and seemed to have picked up more momentum on the upside which would prolong the current Wave b before it makes the move towards the lower long-term Trend line.
60Mins
4Hours
Daily
USDCHF
USDCHF is now completing Wave iv of Wave (iii) before it makes the last Wave v up towards Resistance levels to complete Wave (iii).
As it stands the count, the highest of Waves i and (i) should serve as major Support levels, should the current Wave iv was extended to the downside.
And the same levels of Support should apply to Wave (iv), once Wave (iii) is completed.
60Mins
4Hours
Daily
EURUSD
EURUSD might have completed Wave (i) and heading up on Wave (ii) towards Resistance levels and the %50 or %61.8 Fib Retracement levels.
By the end of the week or early next week we should expect the start of Wave (iii) on the downside.
60Mins
4Hours
Daily
EURCHF
EURCHF seems to be undecided as to whether it is going to make the first Wave to the downside or wants to do a more extended Wave [iv] towards the upper smaller trend line and higher levels of Resistance.
As soon as this move is completed we should start seeing the series of waves to the downside for Wave [v].
60Mins
4Hours
Daily
EURGBP
EURGBP seem to be still completing Wave iv of Wave (i) by completing a Wave c that can confirm a Zig Zag Correction.
Once Wave iv is completed we should see the last move to the downside in Wave v to complete Wave (i).
60Mins
4Hours
Daily
Weekly
GBPUSD
GBPUSD, on the current count, seems to be doing a Wave ii correction before starts Wave iii that should break through the lower Trend line.
Although there is still a posibility of a comeback to the upper trend line for an slightly more extended Wave [ii].
60Mins
4Hours
Daily
AUDUSD
AUDUSD is starting to show more of a downtrend to what it supposedly can be called a Wave (ii) downwards.
We can expect the retracement to go towards the %50 or %61.8 Fib retracements, where there are also areas of Support.
60Mins
4Hours
Daily
Weekly