TradingWaves | Elliot Waves Analysis | Price

Chart Analysis

Fri 25-01-2019



USDJPY

USDJPY: Wave (iv) is underway and, as it broke the wedge levels to the downside, it might complete at the next Support levels made by the previous Wave iii and Wave (i) highest.

Once Wave (iv) is complete, we can expect another move on Wave (v) towards the highest Resistance.



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USDCAD


USDCAD has finished Wave b and made an impulsive move to the downside to what should be the last move towards the long-term lower-trend on Wave c of Wave (b).

Once Wave (b) is complete we should start to see series of impulsive moves towards the upper long-term trend again.

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USDCHF

USDCHF; Wave (iv) seem to be coming to an end and should be not long before Wave (v) up starts making the first impulsive moves. 



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EURUSD


EURUSD has confirmed the correct count for Wave (i), which is now finished.
And Wave (ii) is underway towards the %50 or %61.8 Fib retracement before Wave (iii) starts to the downside.


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EURCHF


EURCHF has invalidated the current count which I am now in the process of correcting

   TBC....................................


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EURGBP


EURGBP might have completed Wave (i) and now making a correction move up on Wave (ii) towards Resistance levels. 


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GBPUSD


GBPUSD Wave [ii] might be finally coming to an end at this point or by doing a small last run up towards the next Resistance levels made by the previous Wave (c) high @ 1.3295

Once the first convincing impulsive moves start towards the downside we can confirm Wave [iii] is underway.

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AUDUSD


AUDUSD has made a very impulsive move up, which could have been the end of Wave [ii] and, hence, the start of [iii]

If this is the start of [iii].. we should see a Wave (ii) retracement of the initial Wave (i) of the move up now on Wave [iii] 


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4Hours

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