AUDUSD – Is the pair in final leg of a running triangle corrective wave? A larger corrective downtrend started from 1.1085 (July’11 high), appears to be still in force for AUDUSD which may be a large triangle...
Read MoreGOLD – Short term correction could extend with another down leg wave [c] A larger wave IV corrective wave is underway from 1921 (Sep’11 high) which has the potential to test 1460/1308 on multimonth basis (Alternative...
Read MoreAUDUSD – Pressure remains on 1.0150 A larger corrective downtrend started from 1.1085 (July’11 high), appears to be still in force for AUDUSD which may be a large triangle consolidation in a range between 1.0860 and...
Read MoreUSDJPY – Break of wedge pattern signals recovery for a target of 80.60 USDJPY had been in a corrective wave (4) from its Nov’11 low at 75.55. Given an ABC wave completion at 84.20, odds favors a retest of the strong...
Read MoreGOLD – A wave B correction is underway? A larger wave IV corrective wave is underway from 1921 (Sep’11 high) which has the potential to test 1460/1308 on multimonth basis (Alternative view is that a wave (5) rally is...
Read MoreUSDCAD – Forming a bullish flag pattern? A larger corrective trend started from 0.9405 (July’11 low) appears to be still in force which may be flat corrective wave. A retest of the 1.0510/1.0655 resistance on...
Read MoreAUDUSD – Key resistance is at 1.0475/1.0520 A larger corrective downtrend started from 1.1085 (July’11 high), appears to be still in force for AUDUSD which may be a large triangle consolidation in a range between...
Read MoreUSDCHF – Is wave B unfolding in an irregular flat correction? USDCHF has been in larger corrective uptrend since August’11 and it could test the 1.000/1.0700 resistance on multi-month basis (watch for strong 2005...
Read MoreAUDUSD – Near term downtrend could test the1.0100/0.9970 support A larger corrective downtrend started from 1.1085 (July’11 high), appears to be still in force for AUDUSD which may be a large triangle consolidation...
Read MoreUSDCHF – Favour downtrend line break to extendcorrective rally USDCHF has been in larger corrective uptrend since August’11 and it could test the 1.000/1.0700 resistance on multi-month basis (watch for strong 2005...
Read More
