Wed 23-01-2019
USDJPY
USDJPY seem to have started Wave v of Wave (iii), and there are two main levels of Resistance where this Wave (iii) might end (pictured).
Once Wave (iii) is completed we can expect a correction for Wave (iv) which should not go lower than the previous Wave (i) @109.06
60Mins
4Hours
Daily
Weekly
USDCAD
USDCAD yesterday looked like it was going to break off the small trend created in Wave but it is holding on sideways within the levels.
Still waiting for the move to the lower long-term lower trend...
60Mins
4Hours
Daily
USDCHF
USDCHF seem to have completed Wave (iii) today and now going through Wave (iv).
Still not signs of the type of correction that Wave (iv) might be but the most provable end Support would be previous Wave (iv) @ 0.9913 or previous Wave i @0.9893.
And Wave (iv) should not go lower than the previous Wave (i) @9848.
60Mins
4Hours
Daily
EURUSD
EURUSD is going through a correction in Wave (ii) towards Resistance at previous lower degree Wave i (pictured in white) level (%50 Fib) or could go slightly higher at the Resistance by the previous Wave i (pictured in pink) (%61.8 Fib retracement).
Once Wave (ii) is finished it will make another good point of entry to take on Wave (iii) on the downside.
60Mins
4Hours
Daily
EURCHF
EURCHF made the move down through the small trend created in the past days to what appears to be the start of Wave (iii).
Although it can not be confirmed until it passes the lowest point of Wave (i)... so still not off the hook and the alternative extended Wave [iv] still could be a possiblity.
Considering the current count; Once it breaks the Wave (i) level, it should make moves towards the long-term trend again.
60Mins
4Hours
Daily
EURGBP
EURGBP went through Wave iv very quickly and not the Zig Zag formation expected.
Instead it is already running through Wave v towards support to complete Wave (i)
60Mins
4Hours
Daily
Weekly
GBPUSD
GBPUSD Wave (c) / Wave [ii] is getting extended to the upside and although seem to have lost momentum on the upside, there could be the possibility of a move to a higher Resistance levels before Wave [iii] down starts.
60Mins
4Hours
Daily
AUDUSD
AUDUSD still has not much price action; It is moving sideways below the 200EMA 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
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