Fri 01-02-2019
Hi everyone, hope you all had a good weekend.
USDJPY
USDJPY made an impulsive move up towards Resistance making the start of Wave (iii) in the first Wave i.
Wave ii should be developped in the next session before continuing Wave (iii) which will be confirmed once it passes the highest of Wave (i) @109.88, offering a low-risk entry point.
60Mins
4Hours
Daily
Weekly
USDCAD
USDCAD almost touched the lower long term trend on Friday but it has not made any impulsive move to the upside suggesting that it might lower again slightly on Monday before it starts moving up impulsively.
60Mins
4Hours
Daily
USDCHF
USDCHF might have started Wave v up to complete Wave Wave [i], although the move on Friday it was not very impulsive so we should still consider the alternative more extended Wave iv as a possibility.
60Mins
4Hours
Daily
EURUSD
EURUSD is suggesting bigger waves that I was accounting for, which does not change the count's direction.
So, on the started Wave (iii) it is now going through and might be finished already Wave ii, which would lead to Wave iii towards 1.1360 area on Monday.
60Mins
4Hours
Daily
EURCHF
EURCHF hourly count seems very similar to EURUSD at the moment where the current count stands as Wave ii and should be making its way into Wave iii soon.
There is, however, the possibility of an extended Wave [d] which could aim at higher Resistance levels; further impulsives down can cancel this possibility.
60Mins
4Hours
Daily
EURGBP
EURGBP has a very bearish look on the long term, although on the short term still seem to have some time to raise while completing the current Wave (ii) correction towards the %50 or %62 Fib Retracement levels..
Once Wave (ii) is completed, Wave (iii) should start the impulsive moves to the downside again.
60Mins
4Hours
Daily
Weekly
GBPUSD
GBPUSD seem to finally have started Wave [iii] with its Wave ii now underway.
Wave ii might do another raise to resistance again to complete before Wave iii starts, although it is very close now tothe lowest of Wave i and once it passes this level (@1.3050 area) to the downside Wave iii downside would be confirmed and a low-risk entry opportunity would be available.
60Mins
4Hours
Daily
AUDUSD
AUDUSD is finally showing some interesting and clear Wave counts.
Wave iv is now underway or completed but if it has not completed it will do soon (price should not go lower than Wave i @0.7200) and Wave v should move up pretty soon to complete Wave (iii) at arounbd the next Resistance levels.
60Mins
4Hours
Daily
Weekly
All the best for everyone.
Andres
Trading Waves .org
