Introduction
In this article most probable alternate variants of European currencies behavior are described in addition to Daily Wave Analysis, February 16, 2006.
1. USD/CHF
http://www.alpari-forex.com/files/0602/060216113630.gif
Figure 1. Wave counting on 120M chart.
2. EUR/USD
http://www.alpari-forex.com/files/0602/060216113719.gif
Figure 2. Wave counting on 120M chart.
3. GBP/USD
http://www.alpari-forex.com/files/0602/060216113809.gif
Figure 3. Wave counting on 120M chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.com11:30 (Moscow time) February 16, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd.
Introduction
USD keeps steading gradually. Because of this almost corrective prices movement various variants of wave counting arise. Currently for European currencies senario with the diagonal triangle is more preferable.
Mid-term forecasts remained unchaged.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 120M chart.
http://www.alpari-forex.com/files/0602/060217082348.gif
Figure 1. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 1.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060217082436.gif
Figure 2. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 2.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060217082520.gif
Figure 3. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 3.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060217082650.gif
Figure 4 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 17, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Mid-term forecasts remained the same. Confirmation of impulse (a) completion is still the main event expected, that is price is expected to fix behind the basis line (trend line) of wave (a).
In Possible Alternate Variants, February 16, 2006 scenario with horizontal triangle as wave iv of (a) was described. Its two modifications, given in this article, are most valid for European currencies.
Moreover, price is above the key pulse point. This point was already described in the previous forecasts (refer to Daily Wave Analysis, February 15, 2006), though a bit differently.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 120M chart.
http://www.alpari-forex.com/files/0602/060220081146.gif
Figure 1. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 1.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060220081233.gif
Figure 2. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 2.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060220081316.gif
Figure 3. Wave counting on 120M chart.
Two possible variants of wave counting are shown in Figure 3.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060220081403.gif
Figure 4 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 20, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Mid-term forecasts remained the same. Confirmation of impulse (a) completion is still the main event expected, that is price is expected to fix behind the basis line (trend line) of wave (a).
Yesterday in Daily Wave Analysis, February 20, 2006 scenario with horizontal triangle as wave iv of (a) was described. This variant is still valid.
Corrective price movement after the key pulse point assumes USD decline rather than advance. That is why in this article this scenario is emphasized in spite of the fact that yesterday's hesitation of traders might be triggered by holidays in the USA. These scenarios were already described in the previous articles.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 120M chart.
http://www.alpari-forex.com/files/0602/060221085853.gif
Figure 1. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 1.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060221085934.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060221090014.gif
Figure 3. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 3.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060221090051.gif
Figure 4 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 21, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Mid-term forecasts remained the same. Confirmation of impulse (a) completion is still the main event expected, that is price is expected to fix behind the basis line (trend line) of wave (a).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0602/060222084030.gif
Figure 1. Wave counting on 480M chart.
Upward impulse (a) is supposed to be completed, though there is no signal confirming it. The alternate variant is shown in the upper part of the chart.
Possible variant of wave (b) development is shown in Figure 1. It may keep forming till March 9. Wave ending is still the critical level.
In the mid-term plan wave (a) completion is expected to be confirmed, wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0602/060222084113.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave a of (b) is forming. Wave (a) ending is the critical level for the numeric counting.
In the short-term plan downtrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060222084227.gif
Figure 3. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed, though there is no signal confirming it. The alternate variant is shown in the lower part of the chart.
Possible variant of wave (b) forming is shown in Figure 3. It may keep forming till March 9. Wave ending is still the critical level.
In the mid-term plan wave (a) completion is expected to be confirmed. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0602/060222084312.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave a of (b) is forming. Wave (a) ending is the critical level for the numeric counting.
In the short-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060222084358.gif
Figure 5. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed, though there is no signal confirming it. The alternate variant is shown in the lower part of the chart.
Possible variant of wave (b) forming is shown in Figure 5. It may keep forming till March 9. Wave ending is still the critical level.
In the mid-term plan wave (a) completion is expected to be confirmed. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0602/060222084441.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, wave a of (b) is forming. Wave (a) ending is the critical level for the numeric counting.
In the short-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060222084525.gif
Figure 7. Wave counting on 480M chart.
The depth of the current correction and forecasts of the European currencies further movement signify in favor of wave (iv) continuous forming. Waves (i), (ii) and endings are the critical levels for this scenario. The alternate variant is in gray color.
In the mid-term plan wave(iv) is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0602/060222084607.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave (iv) is supposed to be assuming the shape of the flat. Waves (i) and (ii) endings are the critical levels for this scenario.
In the short-term plan wave (iv) is expected to keep forming, wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
* Possible Perspectives of the Main Currency Pairs According to EWA (in Russian) [*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 22, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Mid-term forecasts remained the same (refer to Daily Wave Analysis, February 22, 2006). Confirmation of impulse (a) completion is still the main event expected, that is price is expected to fix behind the basis line (trend line) of wave (a).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 120M chart.
http://www.alpari-forex.com/files/0602/060223091455.gif
Figure 1. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 1. Wave (a) ending is the critical level.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060223091537.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Wave (a) ending is the critical level.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060223091620.gif
Figure 3. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 3. Wave (a) ending is the critical level.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0602/060223091701.gif
Figure 4 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4.
In the short-term plan wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 23, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Wave (a) of the European currencies is supposed to be completed, though the alternate variant is not canceled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0206
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0602/060224083852.gif
Figure 1. Wave counting on 480M chart.
Upward impulse (a) is supposed to be completed. Possible variant of wave (b) development is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0602/060224083938.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave b of (b) began to form.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, February, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060224084022.gif
Figure 3. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0602/060224084103.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave b of (b) began to form.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060224084146.gif
Figure 5. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0602/060224084237.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, wave b of (b) began to form.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, February, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060224084317.gif
Figure 7. Wave counting on 480M chart.
Wave (iv) is supposed to be completed. Waves (i), (ii) and endings are the critical levels for this scenario. The alternate variant is in gray color.
In the mid-term plan wave (v) is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0602/060224084413.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave (iv) assumed the shape of the flat. Waves (i) and (ii) endings are the critical levels for this scenario.
In the short-term plan wave (v) is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0206[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 24, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
In case the supposition about the wave picture is valid, European currencies may move against the dollar up to March 8.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0602/060227081111.gif
Figure 1. Wave counting on 480M chart.
Upward impulse (a) is supposed to be completed. Possible variant of wave (b) development is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0602/060227081151.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave b of (b) completed its forming.
In the short-term plan downward wave c of (b) is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060227081235.gif
Figure 3. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0602/060227081320.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave b of (b) forming is completed.
In the short-term plan upward wave c of (b) forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060227081402.gif
Figure 5. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0602/060227081441.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, wave b of (b) forming is completed.
In the short-term plan upward wave c of (b) is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060227081525.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid (refer to Daily Wave Analysis, February 24, 2006). This variant is less probable because of the wave overextension and because the price broke the level of supposed wave (i) top.
Upward diagonal triangle as final wave may be forming now. Wave ending is the critical level for this scenario. The alternate variant, described in Monthly Wave Analysis, March, 2006 is still possible.
In the mid-term plan supposed zigzag y is expected to complete. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0602/060227081605.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8.
In the short-term plan wave completion is expected to be confirmed. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, 0306[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 27, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0602/060228074114.gif
Figure 1. Wave counting on 480M chart.
Upward impulse (a) is completed. Possible variant of wave (b) development is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0602/060228074203.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave b of (b) forming is almost completed. Its possible targets are shown in the chart by Robert Miner's external retracements.
In the short-term plan downward wave c of (b) is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060228074258.gif
Figure 3. Wave counting on 480M chart.
Downward impulse (a) is supposed to be completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0602/060228074341.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave b of (b) forming is almost completed. Its possible targets are shown in the chart by Robert Miner's external retracements.
In the short-term plan upward wave c of (b) forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060228074424.gif
Figure 5. Wave counting on 480M chart.
Downward impulse (a) is completed. Possible variant of wave (b) forming is shown in the Figure. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0602/060228074504.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, wave b of (b) forming is almost completed. Its possible targets are shown in the chart by Robert Miner's external retracements.
In the short-term plan upward wave c of (b) is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0602/060228074551.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid (refer to Daily Wave Analysis, February 24, 2006). This variant is less probable because of the wave overextension and because the price broke the level of supposed wave (i) top.
Upward diagonal triangle as final wave may be forming now. Wave ending is the critical level for this scenario. The alternate variant, described in Monthly Wave Analysis, March, 2006 is also possible.
In the mid-term plan supposed zigzag y is expected to complete. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0602/060228074636.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. The edge of wave band is not broken yet.
In the short-term plan wave completion is expected to be confirmed. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 28, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Mid-term forecasts remained the same (refer to Daily Wave Analysis, February 28, 2006). Though yesterday's violent and deep impulse against USD does not exclude scenario with the immediate completion of the whole corrective pattern (for European currencies it is wave (b)). Local pulse point just increases expectations.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 120M chart.
http://www.alpari-forex.com/files/0603/060301083100.gif
Figure 1. Wave counting on 120M chart.
Several possible variants of wave counting are shown in Figure 1. Yesterday's downward impulse may be: [*]the first wave of the final impulse in expanded flat ( of c),[*]the first leg of zigzag in the alternate variant (a of (b)),[*]and, most important, it may be the final wave of the whole expanded flat (c of (b)).
In the short-term plan at least upward rebound is expected and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0603/060301083146.gif
Figure 2. Wave counting on 120M chart.
Several possible variants of wave counting are shown in Figure 2. Yesterday's upward impulse may be: [*]the first wave of the final impulse in expanded flat ( of c),[*]the first leg of zigzag in the alternate variant (a of (b)),[*]and, most important, it may be the final wave of the whole expanded flat (c of (b)).
In the short-term plan at least downward rebound is expected and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0603/060301083229.gif
Figure 3. Wave counting on 120M chart.
Several possible variants of wave counting are shown in Figure 3. Yesterday's upward impulse may be: [*]the first wave of the final impulse in zigzag ( of c),[*]the first leg of zigzag in the alternate variant (a of (b)),[*]and, most important, it may be the final wave of the whole zigzag (c of (b)).
In the short-term plan at least downward rebound is expected and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 120M chart.
http://www.alpari-forex.com/files/0603/060301083315.gif
Figure 4. Wave counting on 120M chart.
Though yesterday's variant is still possible (refer to Daily Wave Analysis, February 28, 2006), corrective pattern (either wave (ii) or wave (iv)?) may complete today simultaneously with European currencies.
In the short-term plan at least upward rebound is expected and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 1, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Yesterday three variants of prices possible movement were given (refer to Daily Wave Analysis, March 1, 2006). Up to this time neither of those variants is canceled. The first two variants were described in details earlier.
In this report the third variant is described, when wave (b) is already completed. This variant was given special attention to yesterday, its unexpected character was emphasized.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060302084128.gif
Figure 1. Wave counting on 480M chart.
Supposedly, wave (b) formed the expanded flat. Its quite a shallow depth and short continuance serve as an alarming signal. Though in case counting supposition is correct final wave (c) may be quite violent.
Supposed wave (b) ending is the critical level for this scenario. Wave b ending will confirm this scenario (refer to Point 3 of the “Note”).
In the mid-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060302084220.gif
Figure 2. Wave counting on 480M chart.
Supposedly, wave (b) formed the expanded flat. Its quite a shallow depth and short continuance serve as an alarming signal. Though in case counting supposition is correct final wave (c) may be quite violent.
Supposed wave (b) ending is the critical level for this scenario. Wave b ending will confirm this scenario (refer to Point 3 of the “Note”).
In the mid-term plan downtrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060302084304.gif
Figure 3. Wave counting on 480M chart.
Supposedly, wave (b) formed the zigzag. In case counting supposition is correct final wave (c) may be quite violent.
Supposed wave (b) ending is the critical level for this scenario. Wave b ending will confirm this scenario (refer to Point 3 of the “Note”).
In the mid-term plan downtrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060302084348.gif
Figure 4. Wave counting on 480M chart.
Supposedly, wave (iv) formed the flat. In case counting supposition is correct final wave (c) may be quite violent.
Supposed wave (iv) ending is the critical level for this scenario. Wave b ending will confirm this scenario (refer to Point 3 of the “Note”).
In the mid-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 2, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
The first two variants out of the three described in Daily Wave Analysis, March 1, 2006 remained valid.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060303084435.gif
Figure 1. Wave counting on 480M chart.
Final impulse c of wave (b) is forming. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0603/060303084518.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave c is assuming the shape of an impulse. In case wave correlation is c = a * 2.618, wave c completion may be expected around 1.2950.
In the short-term plan wave c of (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060303084604.gif
Figure 3. Wave counting on 480M chart.
Final impulse c of wave (b) is forming. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0603/060303084647.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave c is assuming the shape of an impulse. In case wave correlation is c = a * 2.0, wave c completion may be expected around 1.2050.
In the short-term plan wave c of (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060303084730.gif
Figure 5. Wave counting on 480M chart.
Wave (b) may be assuming the shape of the double zigzag. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0603/060303084812.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, zigzag y of (b) is forming. In case zigzag legs are equal its completion is possible around 1.7650.
In the short-term plan wave y of (b) is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060303084853.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid (refer to Daily Wave Analysis, February 24, 2006). This variant is less probable because of the wave overextension and because the price broke the level of supposed wave (i) top.
Upward diagonal triangle as final wave may be forming now. Wave ending is the critical level for this scenario. The alternate variant, described in Monthly Wave Analysis, March, 2006 is also possible.
In the mid-term plan supposed zigzag y is expected to complete. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0603/060303084933.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8.
In the short-term plan wave y is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 3, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd.
Introduction
Currently correction of the supposed two-month trend in favor of USD is completing (refer to Specification of Wave Analysis for February-March, 2006 (Daily Wave Analysis, February 15, 2006). Price is approaching key pulse point of 08-09.03.06.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060306085913.gif
Figure 1. Wave counting on 480M chart.
Final impulse c of wave (b) is forming. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0603/060306085953.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposedly, wave c is assuming the shape of an impulse (=~x1.618). Price broke 262%. Impulse c may complete around 300%.
In the short-term plan wave c of (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060306090039.gif
Figure 3. Wave counting on 480M chart.
Final impulse c of wave (b) is forming. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0603/060306090115.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposedly, wave c is assuming the shape of an impulse (=~x1.618). Price broke 200%. Impulse c completion is probable around 262%.
In the short-term plan wave c of (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060306090154.gif
Figure 5. Wave counting on 480M chart.
Wave (b) may be assuming the shape of the double zigzag. It may keep forming till March 9. Wave ending is still the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (b) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0603/060306090234.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, zigzag y of (b) with wave in the shape of the diagonal triangle is forming. In case zigzag legs are equal its completion is possible around 1.7650.
In the short-term plan wave of y is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060306090339.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid. Wave (iv) ending is the critical level for this scenario. Alternate variants are also possible. One of such variants is shown in gray color in the chart, the other one was described in Monthly Wave Analysis, March, 2006.
In the mid-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0603/060306090424.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Sequence 1-2, 1-2 of the final upward impulse may be forming.
In the short-term plan supposed wave iii of (v) is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 6, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Yesterday's impulse in favor of the dollar of the European currencies may be treated as the beginning of final wave (c) before the expected global trend reverse (refer to Monthly Wave Analysis, March, 2006 and Annual Wave Analysis, 2006). Additionally this scenario is confirmed by the depth of wave (b) rebound at the level of 50%, typical of corrective waves.
In this case ending of the second wave of this impulse (ii or ) may be formed above the key pulse point of 08-09.03.06. This very scenario is described in the article.
The variant described yesterday is still valid (refer to Daily Wave Analysis, March 6, 2006).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060307081239.gif
Figure 1. Wave counting on 480M chart.
Wave (b) may be completed. In this case wave ii of upward impulse (c) may be formed above the key pulse point. Wave (b) ending is the critical level. The alternate variant is shown in the upper part of the chart.
In the mid-term plan wave (c) is expected to keep forming. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0603/060307081321.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Supposed wave c almost reached 300% level. Wave (b) ending is the critical level.
In the short-term plan upward impulse is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060307081408.gif
Figure 3. Wave counting on 480M chart.
Wave (b) may be completed. In this case wave ii of downward impulse (c) may be formed above the key pulse point. Wave (b) ending is the critical level. The alternate variant is shown in the lower part of the chart.
In the mid-term plan wave (c) is expected to keep forming. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0603/060307081459.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Supposed wave c almost reached 200% level. Wave (b) ending is the critical level.
In the short-term plan downward impulse is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060307081540.gif
Figure 5. Wave counting on 480M chart.
Wave (b) may be completed. In this case wave ii of downward impulse (c) may be formed above the key pulse point. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0603/060307081633.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Wave (b) ending is the critical level.
In the short-term plan downward impulse is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060307081720.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid. Wave (iv) ending is the critical level for this scenario. Alternate variant with wave in the shape of the horizontal triangle and the same critical level (the scenario is shown in gray color in the chart) is also possible. One more variant was described in Monthly Wave Analysis, March, 2006.
In the mid-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0603/060307081801.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave iii of final upward impulse (v) may be forming.
In the short-term plan supposed wave iii of (v) is expected to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 7, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Yesterday's supposition (refer to Daily Wave Analysis, March 7, 2006) that final wave (c) begins before the expected reverse of the global trend (refer to Monthly Wave Analysis, March, 2006 and Annual Wave Analysis, 2006) is confirmed.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060308084222.gif
Figure 1. Wave counting on 480M chart.
Wave (b) is completed. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060308084307.gif
Figure 2. Wave counting on 480M chart.
Wave (b) is completed. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060308084357.gif
Figure 3. Wave counting on 480M chart.
Wave (b) is supposed to be completed. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060308084440.gif
Figure 4. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid. Wave (iv) ending is the critical level for this scenario. Alternate variant with wave in the shape of the horizontal triangle and the same critical level (the scenario is shown in gray color in the chart) is also possible. One more variant was described in Monthly Wave Analysis, March, 2006.
In the mid-term plan uptrend is expected to continue. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 8, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Supposition (refer to Daily Wave Analysis, March 7, 2006) that final wave (c) begins before the expected reverse of the global trend (refer to Monthly Wave Analysis, March, 2006 and Annual Wave Analysis, 2006) is confirmed.
Scenario with the horizontal triangle of JPY is additionally conformed and becomes more preferable.
Addition of March 9, 2006 (15:00)
Project Targets for 2006-2007, USDJPY (Wave Analysis) (in Russian)
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060309083838.gif
Figure 1. Wave counting on 480M chart.
Wave (b) is completed. Final upward impulse (c) is forming. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0603/060309083940.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Wave ii of (c) is expected to be forming. Wave (b) ending is the critical level.
In the short-term plan upward impulse is expected to keep forming after rebound (wave ii). Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060309084020.gif
Figure 3. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0603/060309084103.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Wave ii of (c) is expected to be forming. Wave (b) ending is still the critical level.
In the short-term plan downward impulse is expected to keep forming after rebound (wave ii). Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060309084145.gif
Figure 5. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0603/060309084223.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Wave ii of (c) is expected to be forming. Wave (b) ending is still the critical level.
In the short-term plan downward impulse is expected to keep forming after rebound (wave ii). Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060309084306.gif
Figure 7. Wave counting on 480M chart.
Scenario with wave (iv) development still may become valid. Alternate variant with wave in the shape of the horizontal triangle (the scenario is shown in gray color in the chart) becomes more preferable. The last upward movement which is still in the shape of the zigzag may be wave (d) of this triangle.
Wave (iv) (or (c)) ending is the critical level for these scenarios. One more variant was described in Monthly Wave Analysis, March, 2006.
In the mid-term plan uptrend is expected to continue after rebound and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0603/060309084346.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave iii (or (d)) may be formed already.
In the short-term plan uptrend is expected to continue after rebound (wave iv or (e)). Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 9, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060310083221.gif
Figure 1. Wave counting on 480M chart.
Wave (b) is completed. Final upward impulse (c) is forming. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) was completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060310082437.gif
Figure 2. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) was completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060310082522.gif
Figure 3. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) was completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060310082607.gif
Figure 4. Wave counting on 480M chart.
Possible JPY movement was described yesterday in Project Targets for 2006-2007, USDJPY (Wave Analysis) (in Russian).
Before horizontal triangle forming is completed critical levels are waves and endings.
In the mid-term plan uptrend is expected to continue once triangle is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 5.
http://www.alpari-forex.com/files/0603/060310082645.gif
Figure 5. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 5.
In the short-term plan triangle final wave is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 10, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Probably after one-week price movement in favor of the dollar there will be some pause. Rebound forming is expected on the described currencies.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060313082834.gif
Figure 1. Wave counting on 480M chart.
Wave (b) is completed. Final upward impulse (c) is supposed to be forming. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060313082940.gif
Figure 2. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060313083029.gif
Figure 3. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is still the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060313083112.gif
Figure 4. Wave counting on 480M chart.
Possible JPY movement was described in details in Project Targets for 2006-2007, USDJPY (Wave Analysis).
Before horizontal triangle forming is completed critical levels are waves and endings.
In the mid-term plan uptrend is expected to continue once triangle is completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 13, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Expected rebound is forming on all the currency pairs. Its depth and length will define further price movement.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060314091319.gif
Figure 1. Wave counting on 480M chart.
Wave (b) is completed. Final upward impulse (c) is supposed to be forming. Wave (b) ending is the critical level.
The alternate variant is shown in the upper part of the chart. In this case wave (b) may last up to the beginning of the next week and reach 1.2900.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0603/060314091403.gif
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Wave ii of (c) is supposed to be forming. Wave (b) ending is still the critical level.
The alternate variant is shown in the upper part of the chart. In this case wave (b) may assume the shape of the diagonal triangle.
In the short-term plan corrective wave ii forming is expected to be completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060314091446.gif
Figure 3. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is the critical level.
The alternate variant is shown in the upper part of the chart. In this case wave (b) may last up to the beginning of the next week and reach 1.2100-1.2150.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0603/060314091531.gif
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Wave ii of (c) is supposed to be forming. Wave (b) ending is still the critical level.
The alternate variant is shown in the lower part of the chart. In this case wave (b) may assume the shape of the diagonal triangle.
In the short-term plan corrective wave ii forming is expected to be completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060314091616.gif
Figure 5. Wave counting on 480M chart.
Wave (b) is completed. Final downward impulse (c) is supposed to be forming. Wave (b) ending is the critical level.
In the mid-term plan wave (c) is expected to keep forming once rebound (wave ii) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0603/060314091704.gif
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Supposedly, wave ii of (c) is forming. Wave (b) ending is still the critical level.
In the short-term plan corrective wave ii forming is expected to be completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060314091753.gif
Figure 7. Wave counting on 480M chart.
Possible JPY movement was described in details in Project Targets for 2006-2007, USDJPY (Wave Analysis).
Final wave of triangle is supposed to be forming. Before horizontal triangle forming is completed critical levels are waves and endings.
In the mid-term plan uptrend is expected to continue once wave 4 is completed in the shape of the triangle. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0603/060314091834.gif
Figure 8 . Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave is supposed to be forming in the shape of zigzag.
In the short-term plan wave forming is expected to be completed. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 14, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd.
Introduction
Currently another bifurcation point is forming on the Forex market. The alternate variants, described in Monthly Wave Analysis, March 2006 become more valid (refer to the charts in the final part of this article). Point 3 of the Note below is important.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]Annual-06[*]Monthly-0306
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
http://www.alpari-forex.com/files/0603/060315085350.gif
Figure 1. Wave counting on 480M chart.
Wave (c) is supposed to be assuming the shape of the double zigzag, as admitted by Robert Balan. Wave (b) ending is the critical level.
The alternate variant is shown in the upper part of the chart. In this case wave (b) may last up to the beginning of the next week and reach 1.2900.
In the mid-term plan wave (c) is expected to complete and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 2 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060315085434.gif
Figure 2. Wave counting on 480M chart.
Wave (c) is supposed to be assuming the shape of the double zigzag, as admitted by Robert Balan. Wave (b) ending is the critical level.
The alternate variant is shown in the lower part of the chart. In this case wave (b) may last up to the beginning of the next week and reach 1.2100-1.2150.
In the mid-term plan wave (c) is expected to complete and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060315085522.gif
Figure 3. Wave counting on 480M chart.
Wave ii is supposed to be assuming the shape of the zigzag. Wave (b) ending is the critical level.
The alternate variant is shown in the lower part of the chart. In this case wave (b) may last up to the beginning of the next week and reach 1.7600.
In the mid-term plan wave (c) is expected to complete and wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 4 for the wave counting draft of this currency on the 480M chart.
http://www.alpari-forex.com/files/0603/060315085605.gif
Figure 4. Wave counting on 480M chart.
Possible JPY movement was described in details in Project Targets for 2006-2007, USDJPY (Wave Analysis).
Final wave of triangle is supposed to be forming. Wave ending is the critical level.
In the mid-term plan uptrend is expected to continue once wave 4 is completed in the shape of the triangle. Price movement schematic forecast and support/resistance levels are shown in the chart.
5. Alternate variants
Refer to Monthly Wave Analysis, March 2006.
http://www.alpari-forex.com/files/0603/060315085654.gif
Figure 5. Alternate variant, USDCHF.
http://www.alpari-forex.com/files/0603/060315085737.gif
Figure 6. Alternate variant, EURUSD.
http://www.alpari-forex.com/files/0603/060315085836.gif
Figure 7. Alternate variant, GBPUSD.
http://www.alpari-forex.com/files/0603/060315085921.gif
Figure 8. Alternate variant, USDJPY.
Reference
[*]Possible Perspectives of the Main Currency Pairs According to EWA (in Russian)[*]Possible Variants of Correction Development until March, 2006 (in Russian)[*]Imaginary Skewer[*]Key Levels, Which Open New Targets (in Russian)[*]Depth of the Current Retracement will specify further price movement (in Russian)[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, March, 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comMarch 15, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd