Mon 28-01-2019
USDJPY
USDJPY: Wave (iv) nearly hit the Support area created by the highest of previous Wave (i) but seems that have already lost momentum to the downside, hence that could already be the end of Wave (iv).
Once Wave (iv) is completed and the impulsive waves start towards Resistance levels we can confirm Wave (v) is underway to complete Wave [i].
60Mins
4Hours
Daily
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USDCAD
USDCAD move to the downside on Wave c of Wave (b) still underway.
Once Wave (b) is complete we should start to see series of impulsive moves towards the upper long-term trend again and a low-risk oportunity.
60Mins
4Hours
Daily
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.
Although the alternative seem very unlilkely now, we shoudn't forget that there is a possibility that Wave (iv) could be extended to the downside as far as previous Wave(i) high Support @0.9848
60Mins
4Hours
Daily
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.
There is an alternative count for an extended Wave [ii] to the upside worth keeping in mind.
Wave (iii) to the downside will be confirmed once it crosses the lowest of Wave (i) @1.1287
60Mins
4Hours
Daily
EURCHF
EURCHF: I have changed the count completely after the former count got invalidated and, given more thought to it on the long term it does seem to be going through a possible triangule correction (Daily Chart).
So, if this correction and count is the correct one, there should be a low-risk oportunity now to follow Wve [e] on the downside within the Golden triangle levels.
60Mins
4Hours
Daily
EURGBP
EURGBP might have completed Wave (i) and now making a correction move up on Wave (ii) towards Resistance levels.
Looking at the impulsive Wave (i); suggests that Wave (ii) might not raise to the %50 or %62 Fib Retracement as commonly.
60Mins
4Hours
Daily
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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
Given that the move down has not impulsive nature yet, suggest that there is still a possibility that the price extends up further before Wave [iii] begins.
Once the first convincing impulsive moves start towards the downside we can confirm Wave [iii] is underway.
60Mins
4Hours
Daily
AUDUSD
AUDUSD seem to be going through, and possibly ending, Wave (ii) of Wave [iii] upwards.
Should the price overlaps Wave (i) downwards, it will trigger the alternative count for an extended Wave [ii] towards the %50 or %62 Fib Retracement of Wave [i].
60Mins
4Hours
Daily
Weekly
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