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Author: NULL

$GBPJPY Break and Go

Currently we are at 106.71and have just under the WAVE 2 resistance ( R3). The target area on the break of the R3 is the R4 resistance @ 107.51. Interim target is the double top @ 107.14 with the big overall target being...

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$EURUSD bounce Point?

Currently we are at 1.2887 after 5 waves to the upside. Looking for an a-b-c correction to finish and then a bounce to the target area at the resistance cluster (Resistance/R5) @ 1.3028-38. Bounce could be the .500 @ 1.2872 or...

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$AUDUSD break?

Currently we are at 1.0481 and testing a break of the top to the north. The target area is the resistance cluster ( Resistance/R4) @ 1.0526-36. The big target is the1.618 Fibo extension @ 1.0568 but will have to break the trend...

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$NZDJPY breaks

Currently we are at 67.02 and have just broken the strong resistance level (66.89) to the north. The target area is the resistance cluster (Resistance/ -1.618 Fibonacci extension) @ 67.48-67.63. The big target is the R5 @ 68.09....

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$USDCAD bounce or breakdown?

Currently we are at 0.9962 and hovering on or above a bounce point on the 0.500 Fibonacci level to the north. If we continue to go down to the trend line (around 0.9940) and bounce-the target area is the 0.214 fibo @ 1.0015 and...

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$AUDUSD bounces

Currently we are at 1.0397 and what formerly appeared to be a breakout now looks like a false breakout down to realign the trend. We have just bounced on the 0.382 Fibonacci level to the north. The target area is the resistance...

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$GBPJPY break

Currently we are at 128.89 inside an ascending wedge. This is bullish for the pair. The target area is the resistance (1.270 Fibonacci extension) @ 129.78. The big target is the resistance cluster@ 130.09. The average daily...

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$AUDJPY nears top

Currently we are at 83.97. The target area is the resistance cluster (R4/1.270 Fibonacci extension) @ 80.30-81.42. Watch for bears to enter there. The average daily trading range (ATR) is 83...

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