CurrencyWaves

CurrencyWaves

I believe AUDCAD could see one more low before a stronger move higher.

CurrencyWaves

The AUDUSD could have a completed 5 waves up with an extended wave 1. A pullback to the 50% retrace area would make a nice Right Shoulder for the H&S Pattern.

CurrencyWaves

Weekly - The Pair could see support in the 1.1600 area before another move higher back above 1.25000. We do see nice divergence on the Awesome Oscillator at the highs that I believe is the end of a 3rd wave with a 4th wave in the making. Daily - The pair is currently bouncing from 2 equal legs down from the 1.2350 highs for an A wave of the deeper wave 4. ...

CurrencyWaves

EURGBP looks to be headed higher in a E wave to complete a B wave triangle. After the triangle is complete we should see a sharp mover lower out of the triangle for the C leg.

CurrencyWaves

One more low could finish the wave 3 down. I would expect to see divergence on the RSI with this next low after wave iv is finished.

CurrencyWaves Updated 

Looking for one more low toward 82.50 to complete an ending diagonal before higher.

CurrencyWaves

So far it is only 3 legs down but could be the start of the ending diagonal posted earlier this morning.

CurrencyWaves

Looking for oil to climb higher over the next several months toward $60.00 before dropping lower toward $40 for a B wave.

CurrencyWaves

Looking for one more low toward 137.00 to complete an ending diagonal before higher.

CurrencyWaves

DXY is approaching trend lines on both price and RSI. I am looking for a pullback toward 100.00 before higher.

CurrencyWaves

The AUDUSD should continue down toward the .7400 area in the possible wave III

CurrencyWaves

As long as the GPBJPY stays below 140.09 I will be looking for 134.00 before bounce.

CurrencyWaves

DXY heading higher for a 4th wave before lower.

CurrencyWaves

Looks like #AUDJPY could be nearing the end of a 3rd wave and should continue higher after somme consolidation.

CurrencyWaves

#AUDUSD should be finishing the 4th wave soon before a new low in the 5th wave.

CurrencyWaves

still looking for 1.1500

CurrencyWaves

This chart is similar to the one I posted 3 moths ago just in renko format.

CurrencyWaves

I think this last pullback is an X or B wave of a larger degree Y wave, Will be looking for the possible bounce and move toward .75600