USDJPY — USDJPY is at the crossroads, if 108.7 is cleary broken then I expect big impulse moves down to new lows for this year.

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EURUSD — Not clear imo, we could already have the bottom in place. There is a scenario that allows it once we go down to H1 for the last wave. And we have proportion between I and V. All in all I will stay out for now until I see a clear ...

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EURCHF continues as expected. Funny thing is I missed the train, was expecting a wave 2 to retrace deeper (50%-62%) it only got to 33% unfortunately. So I am expecting another pullback to ride the short.

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Talking about USD Index indeed this whole move up is clearly a correction, the fast move up that started in July is typical of a C wave so I too expect a top in the very near future. And this lines up pretty well with my thoughs on EURUSD and ...

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Very nice said FXoffshore! Completely agree.

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Iif you see now the price moved higher, it didn't activate the aggressive setup. Next resistance I see being 1.0572. Then I'll look for an aggressive entry again. Sometimes it is good to zoom in to lower timeframes, personally however I never zoom ...

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Great work FXO!

Elliott Wave EUR/USD

Yap, there were other technical formations to point out the direction. I posted the attached chart on another forum this morning, classic H&S pattern. Now let's see if the targets are reached.

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Yes it failed indeed, and this just shows how hard is to spot beforehand the form and the length of a correction... As of now from my point of view we have again a short setup here. We are at a confluence of 38% and a=c. The question is how do we ...

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Continuing url . The top is in place, for now. We still need to have the TL broken before loading shorts. I'll look to short on the break of 1.6170.

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USDJPY, a bit of zoom in on H1. It looks like an expanding triangle although it could be a flat too and go down to ~109.50 before doing another high. If it does the high tomorrow (26 August) then expect a strong top.

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I'll wait a bit more, I need to see the ascending trendline that sustains the current price broken and then I'll join.

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Well, if you try hard enough you can always count any sideways movement . It is not always clear but one thing that you can almost always bet on is that sideways movements are corrective in nature, even if you can't count it. So usually I step ...

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Zoom in USDCAD. I think the 5 of (c) is iminent to complet the Daily b wave down (see previous post with Daily).

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Please stay out of the thread if you don't have anything useful to say.

Elliott Wave EUR/USD

Yeah history counts are mostly useless, suffice to know if it is a correction or impulse.

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EURUSD — On H4 I think we started the last wave down. First target is 1.4525 and the second 1.4352.

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I was (and still am) confused by the count in this snag url not your 30-ish year count. Your blue 1....5 isn't an impulse but is noted like that and since we're in an EW thread I questioned if that is really a count or something not EW related.

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USDCAD — Here's another pair that looks good. LONG opportunity if prices reaches the 50%-62% retracement area of a of [c].

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I have no idea what is the count on this large timeframes, although the abc looks alright from my pov...

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