Last two months AU starts correction at the end of month and correction ended in the last day of month. Today is the end of October. The way USD index is rising I think it deserves one more fall. But time will tell.... image

AUD/USD

I don't think USD correction is over. Rather I think GU , AU may be going to make a new high after this correction. Don't know about EU.

AUD/USD

I have also a different thinking if it go above 135.50. There is possibility to invalidate the 5 impulse down if it go above 135.50 . May continue its north journey towards 138.xx in a corrective way. EU correction is almost done but EJ is still ...

EUR/JPY Trading Room

Your 2nd wave and 4th wave are same. It breaks the low of alternation . It may be not 4th wave but wave 2 of wave 5 of wave c

Cable Update (GBPUSD)

The bears may not satisfied yet. They may be want 1.59xx .

Cable Update (GBPUSD)

I have doubt it will go that far though wave B can penetrate above the starting of wave A in irregular flat . Also it may not 5 wave impulse. Imo we are in wave b of B and after completion we will go down by 5 wave impulse wave c of B towards ...

EUR/JPY Trading Room

In my opinion it depends on how GU will up (if it ) . If it go up with impulse move there is possibility of trend reverse, if it move up with correction then it will go down more after having some corrective move.

Cable Update (GBPUSD)

If it is the end of wave c we should see impulse up. Other wise we may see corrective up then again down for 61.8 retrace @1.6034 or 78.6 retrace @ 1.5970 image

Cable Update (GBPUSD)

The foreign exchange market is perhaps another area in which investors should take care. While the direction of the exchange rate's response to some recent events might be understandable, that was from levels that were already unusually high. These ...

AUD/USD

Thanks for your comment. Yes, Sir I know. Just expressed my opinion.

Cable Update (GBPUSD)

Imo we will have at least 50% retrace of last bull run from 1.58xx to 1.62xx if it is proved as wave 2. Also if that happen I think it will go for at least 1.64xx after the end of retracement.

Cable Update (GBPUSD)

Imo we are still in correction mode of last bull run from 1.58.xx to 1.62xx. We are in wave c of wave 2. image

Cable Update (GBPUSD)

A drop towards 132.80 is more likely before the moon mission. image

EUR/JPY Trading Room

Expecting a small pullback in AUD/NZD . I think buyers will also be happy if that happen as they will be able to load more longs. image

AUD/USD

Agree. So let Market to decide where it want to go...

AUD/USD

I am expecting at least 50% retrace of last wave A up in wave B and figure it accordingly @.9510-.9520 area.

AUD/USD

My wave count.... image

AUD/USD

Instead of ed it can be 1, 2 and wave 3 1,2 of last wave 5. I can't see any reason of final fall so early. No strong weakness from GBP . GBP is giving average data, on the other hand USD is slowly improving. So I can see more upward potential for ...

Cable Update (GBPUSD)

Nice count. But I am expecting a expanding diagonal though it is rare for wave 5. Sometime when previous two waves show almost same movement I have seen bigger move in next wave. Its can be a three drive . But if lower tl break then it will be ...

Cable Update (GBPUSD)

So may be at least 1.6300 conformed by the news . That means wave 5 of 5 will not fail.

Cable Update (GBPUSD)