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:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]Annual-06[*]Monthly Wave Analysis, December, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1206 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061222072813.gif
Figure 1. Wave counting on 480 min chart.
The fourth wave (iv) of downward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061222072855.gif
Figure 2. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to complete yesterday.
In the short-term plan wave iii of (v) forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061222072936.gif
Figure 3. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061222073017.gif
Figure 4. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to complete yesterday.
In the short-term plan wave iii of (v) 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061222073059.gif
Figure 5. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061222073149.gif
Figure 6. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to complete yesterday.
In the short-term plan wave iii of (v) forming is expected. 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061222073232.gif
Figure 7. Wave counting on 480 min chart.
Corrective wave of a downward impulse is supposed to be almost completed. It may be assuming the shape of the narrow triple zigzag.
In the mid-term plan wave () completion is expected to be confirmed. Wave 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/0612/061222073319.gif
Figure 8. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Forming of the supposed triple zigzag is almost completed. Though the supposed high of wave z has not reached the projected targets yet, it may be the culmination point of the whole correction (a) or .
In the short-term plan wave forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, December 2006[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 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
The market is thin now, surprises are possible.
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:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]Annual-06[*]Monthly Wave Analysis, December, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1206 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061226083126.gif
Figure 1. Wave counting on 480 min chart.
The fourth wave (iv) of downward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061226083207.gif
Figure 2. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to complete.
In the short-term plan wave iii of (v) forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061226083253.gif
Figure 3. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061226083334.gif
Figure 4. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to complete.
In the short-term plan wave iii of (v) 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061226083417.gif
Figure 5. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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/0612/061226083500.gif
Figure 6. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Wave ii of (v) forming is supposed to be completed.
In the short-term plan wave iii of (v) forming is expected. 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061226083558.gif
Figure 7. Wave counting on 480 min chart.
Corrective wave of a downward impulse is supposed to be almost completed. It may be assuming the shape of the narrow triple zigzag.
In the mid-term plan wave () completion is expected to be confirmed. Wave 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/0612/061226083639.gif
Figure 8. Wave counting on 120 min chart.
Possible variant of wave counting is given in the chart. Forming of the supposed triple zigzag is almost completed. Final price thrust (wave z) is almost equal to the hight of the skewed triangle, that is it has reached the projected values.
In the short-term plan wave forming is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, December 2006[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 26, 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 market is thin now, surprises are possible.
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:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]Annual-06[*]Monthly Wave Analysis, December, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1206 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061227083124.gif
Figure 1. Wave counting on 480 min chart.
The fourth wave (iv) of downward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061227083209.gif
Figure 2. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061227083254.gif
Figure 3. Wave counting on 480 min chart.
The fourth wave (iv) of upward impulse is supposed to be completed. The first waves of the final fifth (v) are forming.
In the mid-term plan wave (v) is supposed 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-1206, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061227083338.gif
Figure 4. Wave counting on 480 min chart.
Corrective wave of a downward impulse is supposed to be almost completed. It may be assuming the shape of the narrow triple zigzag.
In the mid-term plan wave () completion is expected to be confirmed. Wave is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, December 2006[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 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
Introduction
It is not confirmed yet, which scenario the price has chosen.
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:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]Annual-06[*]Monthly Wave Analysis, December, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1206 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the final chart.
http://www.alpari-forex.com/files/0612/061228074002.gif
Figure 1. Final 480 min chart of December forecast.
USD strengthening, supposed in Monthly-1206, took place in accordance with the forecast. For illustrative purposes schematic forecast of CHF last month movement is given in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the final chart.
http://www.alpari-forex.com/files/0612/061228074044.gif
Figure 2. Final 480 min chart of December forecast.
USD strengthening, supposed in Monthly-1206, took place in accordance with the forecast. For illustrative purposes schematic forecast of EUR last month movement is given in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the final chart.
http://www.alpari-forex.com/files/0612/061228074136.gif
Figure 3. Final 480 min chart of December forecast.
USD strengthening, supposed in Monthly-1206, took place in accordance with the forecast. For illustrative purposes schematic forecast of GBP last month movement is given in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1206, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the final chart.
http://www.alpari-forex.com/files/0612/061228074219.gif
Figure 4. Final 480 min chart of December forecast.
USD strengthening, supposed in Monthly-1206, took place in accordance with the forecast. For illustrative purposes schematic forecast of JPY last month movement is given in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, December 2006[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 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
Happy New Year!
I'd like to take the opportunity and congratulate you on New Year and Christmas Holidays.
I wish you all the best!
Best regards
Dmitry Voznuy
1. USD/CHF
On the whole, the price moved in accordance with the forecast, alternate scenario was preferred (refer to Annual-06).
http://www.alpari-forex.com/files/0612/061229080702.gif
Figure 1. Final weekly chart of the forecast for 2006.
The price is spinning around the imaginary skewer, supposed in September, 2005 (refer Imaginary Skewer)
Key point of March 3, 2006, as supposed reversal point of the global trend, was reported two years ago in Annual-05, its date was specified in June 2005 (refer to Possible variants of correction forming till March 2006 (in Russian)).
Trend reversed in November 2005, the following reversal, the ending of the wave of the smaller wave degree, formed just above the projected point (refer to Possible nearest perspectives of the main currency pairs (EWA)).
Once the next check point, specified in Annual-06, was reached, the forecast of the price further movement was adjusted at the end of October (refer to Check point. USD fall may continue till May 2007).
2. EUR/USD
On the whole, the price moved in accordance with the forecast, alternate scenario was preferred (refer to Annual-06).
http://www.alpari-forex.com/files/0612/061229080749.gif
Figure 2. Final weekly chart of the forecast for 2006.
The other reasoning corresponds to the materials given in USD/CHF section, it is no use to repeat it.
3. GBP/USD
On the whole, the price moved in accordance with the forecast, alternate scenario was preferred (refer to Annual-06).
http://www.alpari-forex.com/files/0612/061229080831.gif
Figure 3. Final weekly chart of the forecast for 2006.
The other reasoning corresponds to the materials given in USD/CHF section, it is no use to repeat it.
4. USD/JPY
On the whole, the price moved initially in accordance with the forecast, alternate scenario was preferred (refer to Annual-06).
http://www.alpari-forex.com/files/0612/061229080924.gif
Figure 4. Final weekly chart of the forecast for 2006.
The other reasoning corresponds to the materials given in USD/CHF section, it is no use to repeat it.
Unlike the European currencies, the imaginary skewer is of more global character here (refer to Figure 5).
http://www.alpari-forex.com/files/0612/061229081005.gif
Figure 5. Wave counting of the monthly chart of USD/JPY.
The imaginary axis, around which the price is spinning, is the axis of the global horizontal triangle, which was supposed at the beginning of 2004 (refer to Annual-04 (in Russian)).
In March 2006 in article Japanese Triangles upward price movement as part of wave was supposed to be an impulse, the first leg of zigzag .
Further possible scenarios of the price movement were described in details in article Check Point. USD Fall May Continue till May 2007.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]New mid-term fall of USD is possible (EWA of USD/CAD)[*]FOREX forecast, 2006[*]Monthly Wave Analysis, December 2006[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 29, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
[ 本帖最后由 hefeiddd 于 2009-4-28 16:30 编辑 ]
Introduction
Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070115085145.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070115085234.gif
Figure 2. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to start 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 Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070115085325.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to start 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 Annual-07 and Monthly-0107. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070115085414.gif
Figure 4. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 15, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070116085736.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070116085815.gif
Figure 2. Wave counting on 120 min chart.
According to the alternate scenario final waves (c) of may keep forming.
In the short-term plan wave (c) completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070116085859.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070116085936.gif
Figure 4. Wave counting on 120 min chart.
According to the alternate scenario final waves (c) of may keep forming.
In the short-term plan wave (c) completion is expected to be confirmed. Uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070116090021.gif
Figure 5. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed 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/0701/070116090104.gif
Figure 6. Wave counting on 120 min chart.
It is possible that upward trend has begun with a wedge (alternate variant in the upper part of the chart). Though more traditional marking in the shape of the forming impulse (a) is also probable.
In the short-term plan wave iii completion is expected to be confirmed. Correction iv is supposed to start 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070116090149.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070116090230.gif
Figure 8. Wave counting on 120 min chart.
According to the alternate scenario final waves (v) of may keep forming.
In the short-term plan wave (v) completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 16, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070117084228.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070117084308.gif
Figure 2. Wave counting on 120 min chart.
According to the alternate scenario final waves (c) of may keep forming.
In the short-term plan wave (c) completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070117084357.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070117084439.gif
Figure 4. Wave counting on 120 min chart.
According to the alternate scenario final waves (c) of may keep forming.
In the short-term plan wave (c) completion is expected to be confirmed. Uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070117084536.gif
Figure 5. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, though it is not confirmed yet.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed 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/0701/070117084617.gif
Figure 6. Wave counting on 120 min chart.
It is possible that upward trend has begun with a wedge (alternate variant in the upper part of the chart). Though more traditional marking in the shape of the forming impulse (a) is also probable.
In the short-term plan correction iv is expected to complete. 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070117084706.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070117084751.gif
Figure 8. Wave counting on 120 min chart.
According to the alternate scenario final waves (v) of may keep forming.
In the short-term plan wave (v) completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 17, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) If you have opened positions against the dollar (USD/CHF and EUR/USD, refer to Daily-160107), it would be better to close them with a small profit, as prices movement in favor of the dollar is not completed yet.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070118083701.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070118083745.gif
Figure 2. Wave counting on 120 min chart.
Horizontal correction is supposed to be assuming the shape of the triangle. This is the most general pattern for the fourth waves of an impulse.
In the short-term plan wave (c) of completion is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070118083829.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070118083912.gif
Figure 4. Wave counting on 120 min chart.
Horizontal correction is supposed to be assuming the shape of the triangle. This is the most general pattern for the fourth waves of an impulse.
In the short-term plan wave (c) of completion 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070118084000.gif
Figure 5. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed.
In the mid-term plan uptrend is supposed 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/0701/070118084043.gif
Figure 6. Wave counting on 120 min chart.
The third wave iii of impulse (a) is supposed to be almost completed.
In the short-term plan wave iii is expected to complete. Correction iv is supposed to start 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070118084132.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. 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/0701/070118084212.gif
Figure 8. Wave counting on 120 min chart.
Corrective wave construction, which has been forming this week, may be either a skewed or diagonal triangle. In any case USD rise has not been completed yet.
In the short-term plan wave (v) of completion is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 18, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) Supposedly, wave iv of (c) of of USD/CHF and EUR/USD has assumed the shape of the double three, which exterior shape resembles contracting triangle which lacks several final waves (refer to Figures 2 and 4).
John J. Murphy called such patterns triangles with three waves, whereas Robert Prechter in one of his publications (New Observations about Triangles, EWT magazine, April 2005) called them truncated triangles (sometimes triangles with five waves can be referred to this category, in case their two final waves are disproportionately small in comparison with the first three waves). I've mentioned these triangles in my book at p.218 as a possible object of my future publications.
2) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet. Moreover, if horizontal correction of the European currencies keeps forming, one of earlier described alternate scenarios may take effect.
3) Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070119084629.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070119084710.gif
Figure 2. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, which exterior shape resembles contracting triangle which lacks several final waves.
John J. Murphy called such patterns triangles with three waves, whereas Robert Prechter in one of his publications (EWT magazine, April 2005) called them truncated triangles (sometimes triangles with five waves can be referred to this category, in case their two final waves are disproportionately small in comparison with the first three waves). I've mentioned these triangles in my book at p.218 as a possible object of my future publications.
In the short-term plan wave (c) of completion is expected. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070119084754.gif
Figure 3. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070119084832.gif
Figure 4. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, which exterior shape resembles contracting triangle which lacks several final waves.
John J. Murphy called such patterns triangles with three waves, whereas Robert Prechter in one of his publications (EWT magazine, April 2005) called them truncated triangles (sometimes triangles with five waves can be referred to this category, in case their two final waves are disproportionately small in comparison with the first three waves). I've mentioned these triangles in my book at p.218 as a possible object of my future publications.
In the short-term plan wave (c) of completion is expected. Uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070119084953.gif
Figure 5. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed.
In the mid-term plan uptrend is supposed 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/0701/070119085032.gif
Figure 6. Wave counting on 120 min chart.
The third wave iii of impulse (a) is supposed to be almost completed.
In the short-term plan wave iii completion is expected to be confirmed. Correction iv is supposed 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070119085114.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070119085155.gif
Figure 8. Wave counting on 120 min chart.
Corrective wave construction, which has been forming this week, has assumed the shape of the skewed triangle. If the supposition is correct price thrust has reached 127% of the triangle hight, having almost completed impulse v of (v) forming.
In the short-term plan wave (v) of completion is expected. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 19, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet. Moreover, if horizontal correction of the European currencies keeps forming, one of earlier described alternate scenarios may take effect.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070122083135.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070122083215.gif
Figure 2. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, price has not left the area of the horizontal correction, that is price movement against the dollar has not been confirmed yet.
In the short-term plan wave (c) of completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070122083303.gif
Figure 3. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070122083347.gif
Figure 4. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, price has not left the area of the horizontal correction, that is price movement against the dollar has not been confirmed yet.
In the short-term plan wave (c) of completion is expected to be confirmed. Uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070122083432.gif
Figure 5. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed.
In the mid-term plan uptrend is supposed 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/0701/070122083525.gif
Figure 6. Wave counting on 120 min chart.
The third wave iii of impulse (a) is supposed to be completed.
In the short-term plan correction iv is supposed 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070122083610.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070122083657.gif
Figure 8. Wave counting on 120 min chart.
It is quite possible that corrective wave construction has assumed the shape of the skewed triangle. If the supposition is correct price thrust has reached 127% of the triangle hight, having almost completed impulse v of (v) forming.
In the short-term plan wave (v) of completion is expected. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 22, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) The struggle of opposite scenarios, which can not exist without each other, is coming to a crisis. Current situation is also interesting as the main and alternate scenarios are ready for the final movement simultaneously on every pair under consideration but in opposite directions. It should be mentioned that these scenarios are equally probable now. At the same time several insignificant signs of the wave picture make me think in favor of the main scenario. Though the final decision will be taken by the market.
2) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet. Moreover, if horizontal correction of the European currencies keeps forming, one of earlier described alternate scenarios may take effect.
3) Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070123083415.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070123083453.gif
Figure 2. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, price has not left the area of the horizontal correction, that is price movement against the dollar has not been confirmed yet. At the same time wave structure of the last several days can be treated as a wave sequence 1-2, 1-2 of lowering wave degrees against the dollar.
In the short-term plan wave (c) of completion is expected to be confirmed. Downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070123083535.gif
Figure 3. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though it is not confirmed yet. Moreover, if horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan wave completion is expected to be confirmed. Uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070123083615.gif
Figure 4. Wave counting on 120 min chart.
Wave iv may have assumed the shape of the double three, price has not left the area of the horizontal correction, that is price movement against the dollar has not been confirmed yet. At the same time wave structure of the last several days can be treated as a wave sequence 1-2, 1-2 of lowering wave degrees against the dollar.
In the short-term plan wave (c) of completion is expected to be confirmed. Uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070123083709.gif
Figure 5. Wave counting on 480 min chart.
Upward impulse (a) of zigzag of Y is supposed to be forming.
In the mid-term plan uptrend is supposed to continue. 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/0701/070123083746.gif
Figure 6. Wave counting on 120 min chart.
The fourth wave iv of impulse (a) is supposed to be completed. It has assumed the shape of the skewed triangle, which supposes final upward price thrust. Though it should be noted that in the alternate scenario this construction may be just a diagonal triangle, that is the final pattern of impulse (a) with all that it implies.
In the short-term plan uptrend is supposed 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070123083829.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be almost completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070123083908.gif
Figure 8. Wave counting on 120 min chart.
Supposed wave v of (v) has reached 162% of the height of the skewed triangle, having almost completed impulse (v) of forming. Active waves of this impulse have almost equal length at the moment, forming a proportional pattern.
In the short-term plan wave (v) of completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 23, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
2) Possible alternate variants for USD/CHF and EUR/USD were described yesterday in Addition, January 23, 2007
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070124091734.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed. Though the alternate variants, described in Monthly-0107, are not annulled yet. If almost horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070124091819.gif
Figure 2. Wave counting on 120 min chart.
Wave structure of the last several days may have assumed the shape of the wave sequence 1-2, 1-2 of lowering wave degrees against the dollar. Possible alternate scenario was described yesterday in Addition (January 23, 2007.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070124091903.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed. Though the alternate variants, described in Monthly-0107, are not annulled yet. If almost horizontal correction keeps forming, one of the alternate scenarios can take effect.
In the mid-term plan uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070124091949.gif
Figure 4. Wave counting on 120 min chart.
Wave structure of the last several days may have assumed the shape of the wave sequence 1-2, 1-2 of lowering wave degrees against the dollar. Possible alternate scenario was described yesterday in Addition (January 23, 2007.
In the short-term plan uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070124092035.gif
Figure 5. Wave counting on 480 min chart.
Impulse (a) of zigzag of Y is supposed to keep forming.
In the mid-term plan uptrend is supposed to continue. 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/0701/070124092114.gif
Figure 6. Wave counting on 120 min chart.
Only the third wave iii of impulse (a) is supposed to be completed, which supposes that uptrend can continue.
In the short-term plan uptrend is supposed to keep forming once correction iv of (a) completes. 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070124092202.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070124092241.gif
Figure 8. Wave counting on 120 min chart.
Supposed wave v of (v) has reached 162% of the height of the skewed triangle, having almost completed impulse (v) of forming. Active waves of this impulse have almost equal length at the moment, forming a proportional pattern.
In the short-term plan wave (v) of completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 24, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) Price movement against the dollar is getting moving slowly. Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
2) Those, who have opened short-term positions in favor of the dollar (refer to Addition (January 23, 2007)), may change the direction of their positions: EUR has reached the projected target, CHF main variant is more probable. Moreover, the volume of the positions against the dollar, opened in accordance with Daily-190107, may be increased. Risks for EUR and CHF are low, as the critical levels are near.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070125083222.gif
Figure 1. Wave counting on 480 min chart.
Upward wave of Y in the shape of the zigzag is supposed to be completed, new downtrend starts forming in the shape of the wedge. Though alternate scenarios, described in Monthly-0107, are not annulled yet.
In the mid-term plan downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070125083312.gif
Figure 2. Wave counting on 120 min chart.
Wave structure of the last several days may be assuming the shape of the downward wedge. In this case short-term target is at 1.2350-35.
Supposed wave of i, which resembles a triangle, is either a double three or a sequence of waves 1-2 (additional confirmation by further movement is required). It is considered to be a double three in the wave counting draft.
Possible alternate variant was described in Addition (January 23, 2007).
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070125083537.gif
Figure 3. Wave counting on 480 min chart.
Downward wave of Y in the shape of the zigzag is supposed to be completed, new uptrend starts forming in the shape of the wedge. Though alternate scenarios, described in Monthly-0107, are not annulled yet.
In the mid-term plan uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070125083616.gif
Figure 4. Wave counting on 120 min chart.
Wave structure of the last several days may be assuming the shape of the upward wedge. In this case short-term target is at 1.3100-1.3050.
Supposed wave of i, which resembles a triangle, is either a double three or a sequence of waves 1-2 (additional confirmation by further movement is required). It is considered to be a double three in the wave counting draft.
Possible alternate variant was described in Addition (January 23, 2007).
In the short-term plan uptrend 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 Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070125083701.gif
Figure 5. Wave counting on 480 min chart.
Impulse (a) of zigzag of Y is supposed to keep forming.
In the mid-term plan uptrend is supposed to continue. 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/0701/070125083737.gif
Figure 6. Wave counting on 120 min chart.
Only the third wave iii of impulse (a) is supposed to be completed, which supposes that uptrend can continue.
In the short-term plan uptrend is supposed to keep forming once correction iv of (a) completes. 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 Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070125083820.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070125083857.gif
Figure 8. Wave counting on 120 min chart.
Supposed wave (v) of is completed, new downtrend begins to assume the shape of the wedge.
In the short-term plan downtrend is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 25, 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
1) Once I said yesterday that “Price movement against the dollar is getting moving slowly” the euro weakened and broke the local critical level. It doesn't mean shift to the described in Annual-07, Monthly-0107 alternate scenarios yet, though it turns the scale in their favor.
Remember, that “Wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.”
At the same time the main scenarios, described earlier, require some adjustment, possible shift to some other variants of wave counting. So,e of them will be considered today.
2) Price movement is favor of the dollar may be uncompleted yet. That is why if you didn't close such positions yesterday with a small profit (refer to have such positions opened Daily-250107), having moved stop loss to the break-even area, it is better to close them now.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070126081939.gif
Figure 1. Wave counting on 480 min chart.
CHF has not broken the local critical levels, judging by its wave picture wave may keep forming.
In the mid-term plan wave completion is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070126082030.gif
Figure 2. Wave counting on 480 min chart.
EUR has broken the local critical levels. Thus, judging by its wave picture wave may keep forming.
In the mid-term plan wave completion is expected. 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 Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070126082114.gif
Figure 3. Wave counting on 480 min chart.
The fourth wave iv of impulse (a) of of Y is supposed to keep forming.
In the mid-term plan uptrend is supposed to continue once correction iv 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 Annual-07 and Monthly-0107. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070126082157.gif
Figure 4. Wave counting on 480 min chart.
Wave of B is supposed to keep forming in the shape of the impulse with the shortest fifth wave (v).
In the mid-term plan wave completion is expected to be confirmed. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 26, 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 completion formed in European currencies on Friday and that is forming in JPY now may be the last point of the local dollar strengthening. Possible scenarios of movement of the main currency pairs were described in details in Annual-07 and Monthly-0107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070129082337.gif
Figure 1. Wave counting on 480 min chart.
Final price bounce upwards may be hardly considered the fifth wave of an impulse 1 or A of the alternate scenario. Exactly these doubts leave such the scenario on the second positions.
In the mid term I expect the wave picture clearing. Price levels forecast and support/resistance levels are shown on the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070129082420.gif
Figure 2. Wave counting on 480 min chart.
Final price bounce downwards may be hardly considered the fifth wave of an impulse 1 or A of the alternate scenario. Exactly these doubts leave such the scenario on the second positions.
In the mid term I expect the wave picture clearing. Price levels forecast and support/resistance levels are shown on the chart.
3. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070129082520.gif
Figure 3. Wave counting on 480 min chart.
Here is one of the probable scenarios. There are some chances that the first upward zigzag (w) of of Y has been already formed. In this case wave Y could take a shape of a double or triple zigzag.
In the mid term once the correction (x) is finished, the uptrend should continue. Price levels forecast and support/resistance levels are shown on the chart.
4. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart. http://www.alpari-forex.com/files/0701/070129082604.gif
Figure 4. Wave counting on 480 min chart.
Upward wave of B in the form of an impulse with the shortest fifth wave (v) may be near its final point.
In the mid term I expect the wave to be completed and the downtrend to start. Price levels forecast and support/resistance levels are shown on the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 29, 2006The ideas given above are purely informational purpose only. This report was translated by Eugenya.
Do not reproduce without explicit permission of Alpari Ltd
Notice
Monthly wave analysis for February 2007 will be released at the nearest weekends (03-04.02.2007) due to the fact that beginning of the next month will start at the end of the current week.
Introduction
1) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet. Undoubtedly expectation of the US refinance rate announcement causes some hesitation among market participants.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07, Monthly-0107 and Addition to Daily-230107. Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070130091338.gif
Figure 1. Wave counting on 480 min chart.
The local dollar strengthening is supposed to be completed.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070130091424.gif
Figure 2. Wave counting on 120 min chart.
The final wave is probably forming in the shape of the diagonal triangle (alternate scenario at the upper part of the chart).
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070130091507.gif
Figure 3. Wave counting on 480 min chart.
The local dollar strengthening is supposed to be completed.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070130091559.gif Figure 4. Wave counting on 120 min chart.
The final wave is probably forming in the shape of the diagonal triangle (alternate scenario at the upper part of the chart).
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
3. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070130091656.gif
Figure 5. Wave counting on 480 min chart.
The first upward zigzag (w) of of Y is supposed to be completed. In this case the wave Y may assume the shape of the double or triple zigzag.
In the mid-term plan once correction is completed uptrend is supposed 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/0701/070130091734.gif
Figure 6. Wave counting on 120 min chart.
The downward zigzag (x) is completed. It may easily transform into the downward impulse of the new trend.
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
4. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070130091817.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070130091858.gif
Figure 8. Wave counting on 120 min chart.
Unfortunately the final impulse (v) is supposed to keep forming (alternate scenario at the upper part of the chart).
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 30, 2007The ideas given above are purely informational purpose only. This report was translated by Eugenya.
Do not reproduce without explicit permission of Alpari Ltd
Notice
Monthly wave analysis for February 2007 will be released at the nearest weekends (03-04.02.2007) due to the fact that beginning of the next month will start at the end of the current week.
Introduction
1) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet. Undoubtedly expectation of the US refinance rate announcement causes some hesitation among market participants.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07, Monthly-0107 and Addition to Daily-230107. Unfortunately, it is not clear yet which variant the price will choose either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070131081951.gif
Figure 1. Wave counting on 480 min chart.
The local dollar strengthening is supposed to be completed. The supposed wave (y) of completion is a threshold for this scenario.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0701/070131082030.gif
Figure 2. Wave counting on 120 min chart.
The final wave in the shape of the diagonal triangle (alternate scenario at the upper part of the chart) or the wave in the shape of horizontal expanding triangle is probably forming.
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070131082112.gif
Figure 3. Wave counting on 480 min chart.
The local dollar strengthening is supposed to be completed. The supposed wave (y) of completion is a threshold for this scenario.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0701/070131082155.gif
Figure 4. Wave counting on 120 min chart.
The final wave in the shape of the diagonal triangle (alternate scenario at the upper part of the chart) or the wave in the shape of horizontal expanding triangle is probably forming.
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
3. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070131082241.gif
Figure 5. Wave counting on 480 min chart.
The first upward zigzag (w) of of Y is supposed to be completed. In this case the wave Y may assume the shape of the double or triple zigzag. The supposed waves of Y and (x) of of Y completion are the threshold for this scenario.
In the mid-term plan once correction (x) is completed uptrend is supposed 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/0701/070131082320.gif
Figure 6. Wave counting on 120 min chart.
The downward zigzag (x) is completed. It may easily transform into the downward impulse of the new trend.
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
4. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0701/070131082426.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed. The supposed wave (v) of of B completion is the threshold for this scenario.
In the mid-term plan wave completion is expected to be confirmed. Downtrend 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/0701/070131082503.gif
Figure 8. Wave counting on 120 min chart.
Unfortunately the final impulse (v) is supposed to keep forming (alternate scenario at the upper part of the chart).
In the short term plan the wave picture is expected to be cleared. Price levels forecast and support/resistance levels are shown on the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comJanuary 31, 2007The ideas given above are purely informational purpose only. This report was translated by Eugenya.
Do not reproduce without explicit permission of Alpari Ltd
Notice
Monthly wave analysis for February 2007 will be released at the nearest weekends (03-04.02.2007) due to the fact that beginning of the next month will start at the end of the current week.
Introduction
1) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07, Monthly-0107 and Addition to Daily-230107. Unfortunately, it is not clear yet which variant the price will choose either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070201085850.gif
Figure 1. Wave counting on 480 min chart.
The local dollar strengthening is supposed to be completed. The supposed wave (y) of completion is a threshold for this scenario.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 2 for more details.
http://www.alpari-forex.com/files/0702/070201085951.gif
Figure 2. Wave counting on 120 min chart.
The short-term break of the critical level by the price may be treated in different ways, but zigzags of such form are met at FX market from time to time (refer to pic.3-43 in my book or to Cellar-0604).
At the same time one of the alternate scenarios doesn’t exclude that the wave in the form of the horizontal and expanding triangle is completing.
In the short term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070201090041.gif
Figure 3. Wave counting on 480 min chart. The local dollar strengthening is supposed to be completed. The supposed wave (y) of completion is a threshold for this scenario.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart. Refer to Figure 4 for more details.
http://www.alpari-forex.com/files/0702/070201090125.gif
Figure 4. Wave counting on 120 min chart.
One of the alternate scenarios doesn’t exclude that the wave in the form of the horizontal and expanding triangle is completing.
In the short term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
3. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070201090209.gif
Figure 5. Wave counting on 480 min chart.
The first upward zigzag (w) of of Y is supposed to be completed. In this case the wave Y may assume the shape of the double or triple zigzag. The supposed waves of Y and (x) of of Y completion are the threshold for this scenario.
In the mid-term plan uptrend is supposed 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/0702/070201090249.gif
Figure 6. Wave counting on 120 min chart.
The wave (x) in the form of the downward zigzag is supposed to be completed.
At the same time alternate scenario admits that the downward impulse i? with the forth wave keeps forming in the form of the extended flat and with the shortest fifth wave .
In the short term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
4. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070201090339.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B in the shape of the impulse is supposed to be completed. The supposed wave (v) of of B completion is the threshold for this scenario.
In the mid-term plan downtrend is supposed to keep 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/0702/070201090419.gif
Figure 8. Wave counting on 120 min chart.
The previous expectations are confirmed. The downward impulse structure is forming.
In the short term plan the downtrend is expected to keep forming. Price levels forecast and support/resistance levels are shown on the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 1, 2007The ideas given above are purely informational purpose only. This report was translated by Eugenya.
Do not reproduce without explicit permission of Alpari Ltd
Notice
Monthly wave analysis for February 2007 will be released at the nearest weekends (03-04.02.2007) due to the fact that beginning of the next month will start at the end of the current week.
Introduction
1) Every pair under consideration has formed the ending of the impulse constructions, which can be treated the reversal point and the beginning of a new trend against the dollar. Though it is not confirmed yet.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07, Monthly-0107 and Addition to Daily-230107. Unfortunately, it is not clear yet which variant the price will choose either the main variant or the alternate one. That is why wave picture may be in the state of the dynamic equilibrium, that is during several weeks either the main variant or the alternate one will be in the foreground by turns.
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:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Annual-07[*]Monthly-0107
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070202080723.gif
Figure 1. Wave counting on 480 min chart.
The price entrenched into its own resistance level while staying at the lower edge of the trend channel. Thus, a considerable price bounce upwards is highly probable . At present time the main variant becomes much more vulnerable. Market participants have a good opportunity now to open long positions, perhaps short-termed .
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0107. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070202080812.gif
Figure 2. Wave counting on 480 min chart.
The price entrenched into its own resistance level while staying at the lower edge of the trend channel. Thus, a considerable price bounce upwards is highly probable . At present time the main variant becomes much more vulnerable. Market participants have a good opportunity now to open long positions, perhaps short-termed .
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
3. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070202080854.gif Figure 3. Wave counting on 480 min chart.
The first upward zigzag (w) of of Y is supposed to be completed. In this case the wave Y may assume the shape of the double or triple zigzag. The supposed waves of Y and (x) of of Y completion are the threshold for this scenario.
RSI with its resistance level is shown on the chart for demonstrating the method efficiency. Pay attention that RSI formed divergence with the price, while the price was staying at the lower edge of the channel. Afterwards the price bounced upwards.
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
4. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0107. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070202080937.gif
Figure 4. Wave counting on 480 min chart.
The price entrenched into its own resistance level while staying at the lower edge of the trend channel. Thus, a considerable price bounce upwards is highly probable . At present time the main variant becomes much more vulnerable. Market participants have a good opportunity now to open long positions, perhaps short-termed .
In the mid term plan the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price levels forecast and support/resistance levels are shown on the chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2007[*]Monthly Wave Analysis, January 2007[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 2, 2007The ideas given above are purely informational purpose only. This report was translated by Eugenya.
Do not reproduce without explicit permission of Alpari Ltd