The downtrend on the EUR/USD is moving exactly as planned. Only about a 140 pips to go till our Price Target. I have just updated my StopLoss to the level of 1.0950. www.YouTube.com
while Silver is moving upwards it is forming a perfect Elliott Wave formation. According to my analysis, Silver is highly likely to end its corrective Wave no' 4, which would suggest the beginning of a new upside Wave no' 5. www.YouTube.com
USD/CAD just broke above 2 important resistance levels. The upper boundary of its channel and the level of 1.3310. Next step is at 1.3500. www.YouTube.com
The CAD/CHF just hit the upper boundary of its channel. Downside reversal is highly likely at this point. Target will be the lower boundary. www.YouTube.com
The latest downside move created a clear Head & Shoulders - reversal pattern, which suggests further declines. My price target is at 1.0756.
After breaking its triangle, USD/CAD had a max correction to the 76.4%, while retesting the triangle. Price is ready to resume its downside movement.
The CAD/JPY is on the rise just as expected. The positive momentum has finally kicked in, and it is a good time to drag our StopLoss level further in the money and to the price level of 79.00. Stay tuned...
NZD/JPY has just broke the major resistamce and test level at 75.00. That is a strong Buy Signal. Price target is at the next major resistance - 80.78.
EUR/USD is rising in an Elliott Wave formation. The recent drop corrected 50% to form wave 4. There is high probability for a new upside move of wave 5 that is expected to push price forward again.
The AUD/JPY is pushing forward as expected. I have just updated my StopLoss level to the Entry price level. Next important resistance is only at 79.72. Hang in tight...
The CAD/JPY is still trading in very low levels. An upside reversal and the begining of a new trend is expected in this case. Price target is at 85.12
GBP/USD has just completed a downside a,b,c correction and looks ready to resume its upside move towards the resistance at 1.3317
The EUR/USD is on the rise after a classic a,b,c correction. This can only suggests that the pair is heading towards higher ground, which is the reason I aim for the previouse major high at 1.1615.
The AUD/JPY is going through a potential upside trend reversal. After the pair establlished itself above the major support of 75.41, chances are for a new upside movement. Price targets are at 79.72 and 84.50.
Natural Gas is going through a shallow sideways correction that should end soon with price resuming its upside trend. Price target is at 3.4690. www.thechartwizard.com
The NZD/CHF is sending a strong downside reversal signal. The breakdown below the trendline and the natural support of the Matrix at 0.6984 is our final confirmation for the continuation of this negative momentum.
The USD/CAD is moving south as expected. The negative momentum has escelated which allows me to replace StopLoss level to the level of entry price - 1.2963. Be aware of the local support at 1.2780. www.thechartwizard.com
The NZD/CHF is sending strong downside reversal signal. The breakdown below the trendline will act as final confirmation. The two strong support levels at 0.6740 and 0.6465 wil act as price targets.