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-0207. 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-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070205090103.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
In accordance with the alternate scenario final wave of upward impulse 1 or A has started forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0702/070205090158.gif
Figure 2. Wave counting on 120 min chart.
Downward impulsive structure forming is expected. Short-term breakout of the critical level may be interpreted in different ways, though zigzags of such a shape occur sometimes in the Forex market (refer to Figures 3-43 in my book or Basement-0604 (in Russian)).
At the same time in accordance with one of the alternate scenarios upward wave has started forming.
After possible opening of the short positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070205090240.gif
Figure 3. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
In accordance with the alternate scenario final wave of downward impulse 1 or A has started forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0702/070205090321.gif
Figure 4. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. At the same time in accordance with one of the alternate scenarios downward wave has started forming.
After possible opening of the long positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan uptrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070205090407.gif
Figure 5. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070205090449.gif
Figure 6. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. After possible opening of the long positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan uptrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070205090549.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B is supposed to be completed in the shape of the impulse. Ending of supposed wave (v) of of B is the critical level 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/0702/070205090634.gif
Figure 8. Wave counting on 120 min chart.
Previous expectations are confirmed – downward impulsive structure is forming.
After possible opening of the short positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan downtrend forming is expected to continue. Price movement 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-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 5, 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.
2) Possible scenarios of movement of the main currency pairs were described in details in Annual-07, Monthly-0207. 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-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070206083959.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
In accordance with the alternate scenario final wave of upward impulse 1 or A is forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0702/070206084040.gif
Figure 2. Wave counting on 120 min chart.
Downward impulsive structure forming is expected. Short-term breakout of the critical level may be interpreted in different ways, though zigzags of such a shape occur sometimes in the Forex market (refer to Figures 3-43 in my book or Basement-0604 (in Russian)).
At the same time in accordance with one of the alternate scenarios upward wave is forming.
After possible opening of the short positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070206084124.gif
Figure 3. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
In accordance with the alternate scenario final wave of downward impulse 1 or A is forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0702/070206084201.gif
Figure 4. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. At the same time in accordance with one of the alternate scenarios downward wave is forming.
After possible opening of the long positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan uptrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070206084244.gif
Figure 5. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070206084323.gif
Figure 6. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. After possible opening of the long positions ending of supposed wave ii or b or the critical level will be a suitable level for the protective stop-order.
In the short-term plan uptrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070206084404.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B is supposed to be completed in the shape of the impulse. Ending of supposed wave (v) of of B is the critical level for this scenario.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario 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/0702/070206084440.gif
Figure 8. Wave counting on 120 min chart.
First waves of downtrend are supposed to be forming.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Price movement 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-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 6, 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) Short-term impulsive structure, forming against the dollar, is supposed to be almost completed. That is why those, who have opened positions in accordance with recommendations, given in Daily-050207 and Daily-060207, have a chance to close them partially or completely.
Moreover, current wave structure supposes that mid-term trend can reverse in favor of the dollar in the nearest future according to the alternate scenarios.
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.
3) Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070207081922.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of upward impulse 1 or A is forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0702/070207082030.gif
Figure 2. Wave counting on 120 min chart.
Downward impulsive structure forming is expected. At the same time according to one of the alternate variants wave forming in the shape of the horizontal triangle or some other extended correction is almost completed.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070207082112.gif
Figure 3. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of downward impulse 1 or A is forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0702/070207082155.gif
Figure 4. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. At the same time according to one of the alternate variants wave forming in the shape of the horizontal triangle or some other extended correction is almost completed.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070207082237.gif
Figure 5. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070207082316.gif
Figure 6. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. Chances of the alternate scenarios are high as the price has not broken the confirmatory level yet.
In the short-term plan uptrend forming is expected to continue, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070207082357.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B is supposed to be completed in the shape of the impulse. Ending of supposed wave (v) of of B is the critical level for this scenario.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario 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/0702/070207082433.gif
Figure 8. Wave counting on 120 min chart.
The first waves of downtrend are supposed to be forming. But the variant with further forming of impulse of B and current forming of wave (iv) in the shape of the zigzag is still probable.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Price movement 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-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 7, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya
Introduction
1) Current wave structure and RSI signal that alternate variants have a chance to mend their fences. Speculators can play on the dollar strengthening (probably in the short run only).
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.
3) Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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[*]Some Words about CAD (in Russian)[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070208083234.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, RSI has reached its resistance level, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of upward impulse 1 or A are forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0702/070208083327.gif
Figure 2. Wave counting on 120 min chart.
Downward impulsive structure forming is expected. At the same time according to one of the alternate variants wave forming in the shape of the horizontal triangle may be completed.
In the short-term plan downtrend forming is expected to continue after correction, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070208083409.gif
Figure 3. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, RSI has reached its resistance level, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of downward impulse 1 or A is forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0702/070208083459.gif
Figure 4. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. At the same time according to one of the alternate variants wave forming in the shape of the horizontal triangle may be completed.
In the short-term plan uptrend forming is expected to continue after correction, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070208083540.gif
Figure 5. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070208083620.gif
Figure 6. Wave counting on 120 min chart.
Upward impulsive structure forming is expected. Chances of the alternate scenarios are high as the price has not broken the confirmatory level yet.
In the short-term plan uptrend forming is expected to continue after correction, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070208083706.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B is supposed to be completed in the shape of the impulse. Ending of supposed wave (v) of of B is the critical level for this scenario.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario 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/0702/070208083746.gif
Figure 8. Wave counting on 120 min chart.
The first waves of downtrend are supposed to be forming. But the variant with further forming of impulse of B is still probable.
In the short-term plan downtrend forming is expected to continue, the wave picture is expected to be cleared. Price movement 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[*]Some Words about CAD (in Russian)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 8, 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 horizontal triangle with width of about 2 figures, in which the price has been fluctuating last month, from the one hand makes it possible to play from its edges (refer to Daily-060207 and Daily-080207), from the other hand increases chances of the alternate scenarios. By the way, today the trend against the dollar can substitute the trend in favor of the dollar, that is why it is better to close yesterday's positions, if you haven't done it yet.
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.
3) Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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[*]Some Words about CAD (in Russian)[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070209084833.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of upward impulse 1 or A are forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070209084919.gif
Figure 2. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of downward impulse 1 or A are forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070209085019.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070209085101.gif
Figure 4. Wave counting on 480 min chart.
Upward wave of B is supposed to be completed in the shape of the impulse. According to this variant supposed wave ii is assuming the shape of the extended flat. Ending of supposed wave (v) of of B is the critical level for this scenario.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. 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[*]Some Words about CAD (in Russian)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 9, 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 horizontal triangle with width of about 2 figures, in which the price has been fluctuating last month, from the one hand makes it possible to play from its edges (refer to Daily-060207 and Daily-080207), from the other hand increases chances of the alternate scenarios.
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.
3) Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070212084632.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario. “Diamond”, a reversal pattern of a classical technical analysis, may be forming.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of upward impulse 1 or A are forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070212084718.gif
Figure 2. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario. “Diamond”, a reversal pattern of a classical technical analysis, may be forming.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants final waves of downward impulse 1 or A are forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070212084806.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the shape of the double or triple three. It may be completed. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070212084847.gif
Figure 4. Wave counting on 480 min chart.
Though price has not exceeded the highest value of January (only several pips left), it is quite logical to consider possible shift to the new variant of wave counting, when impulse of B is only completing its forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement schematic forecast and support/resistance levels are shown in the chart.
5. USD/CAD
http://www.alpari-forex.com/files/0702/070212084959.gif
Figure 5. Wave counting on 720 min chart.
In article Some Words about CAD most probable variants of CAD nearest movement were described. In several days ending of supposed second zigzag formed at one of the calculated values at 1.1874.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 12, 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 price has swung towards the alternate variant, increasing its chances. Though the trend breakout in favor of the dollar on every pair under consideration has not formed yet. Moreover, in case the completing local movement in favor of the dollar of EUR and CHF will take the shape of the zigzag (not that one of the impulse or diagonal triangle), it can signal strengthening of the main variant. This variant was described in Monthly-0207.
2) Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070213094937.gif
Figure 1. Wave counting on 480 min chart.
Though the main variant has not been annulled yet, the given alternate variant is gaining momentum.
In the mid-term plan local uptrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0702/070213095019.gif
Figure 2. Wave counting on 120 min chart.
It is most probable that correction has assumed the shape of the horizontal expanding triangle. Though the last upward movement can help to specify which scenario the price will choose, either the main one (zigzag) or the alternate one (impulse or diagonal triangle).
In the short-term plan local uptrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070213095100.gif
Figure 3. Wave counting on 480 min chart.
Though the main variant has not been annulled yet, the given alternate variant is gaining momentum.
In the mid-term plan local downtrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0702/070213095141.gif
Figure 4. Wave counting on 120 min chart.
It is most probable that correction has assumed the shape of the horizontal expanding triangle. Though the last downward movement can help to specify which scenario the price will choose, either the main one (zigzag) or the alternate one (impulse or diagonal triangle).
In the short-term plan local downtrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070213095222.gif
Figure 5. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the from of the double or triple three.
In the mid-term plan local downtrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070213095301.gif
Figure 6. Wave counting on 120 min chart.
Wave is supposed to be assuming the shape of the zigzag with almost equal legs.
In the short-term plan local downtrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070213095346.gif
Figure 7. Wave counting on 480 min chart.
Upward wave of B is supposed to be almost completed in the shape of the impulse.
In the mid-term plan local uptrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0702/070213095422.gif
Figure 8. Wave counting on 120 min chart.
Upward wave (v) of of B in the shape of the impulse is supposed to be almost completed.
In the short-term plan local uptrend completion is expected, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 13, 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
For a month day by day I repeat the same phrase:
Unfortunately, it is not clear yet which variant the price will choose, either the main variant or the alternate one, which were described in details in Annual-07, Monthly-0207. 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.
I am sorry to say it is still urgent.
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[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070214083643.gif
Figure 1. Wave counting on 480 min chart.
The first waves of a downtrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario. “Diamond”, a reversal pattern of the classical technical analysis, may be forming.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants wave or is completed, wave is forming.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070214083739.gif
Figure 2. Wave counting on 480 min chart.
The first waves of an uptrend are supposed to be forming. The ending of supposed wave (y) of is the critical level for this scenario. “Diamond”, a reversal pattern of a classical technical analysis, may be forming.
But the price has been in the horizontal channel almost within a month, increasing chances of the alternate scenarios. In accordance with one of such variants wave or is completed, wave is forming.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070214083827.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double or triple three. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement 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-0207. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070214083912.gif
Figure 4. Wave counting on 480 min chart.
A lot of different variants of wave counting arise from almost horizontal price movement during this month. We may suppose that wave of B is completed.
In the mid-term plan downtrend is supposed to keep forming, the wave picture is expected to be cleared. Either main or alternate scenario is expected to be confirmed. Price movement schematic forecast and support/resistance levels are shown in the chart.
5. USD/CAD
http://www.alpari-forex.com/files/0702/070214083954.gif
Figure 5. Wave counting on 720 min chart.
CAD wave picture, described in details in Some Words about CAD, is an additional argument in favor of USD begun fall.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 14, 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) Yesterday EUR/USD, USD/CHF and USD/JPY price broke for the first time the edge of the horizontal channel, in which it had been for about a month. It just swayed to the main variant, but look what perspectives become possible (if supposition that wedge will keep forming is confirmed).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, are not annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070215084501.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2).
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
http://www.alpari-forex.com/files/0702/070215084548.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
As in impulse iii of (a) extension in the fifth wave is supposed, Elliott's double retracement comes to my mind (see Figures 2-8 in my book). Its minimum size (min ~ 1.2450) fits into the expected deep retracement iv of (a).
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070215084630.gif
Figure 3. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 4).
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
http://www.alpari-forex.com/files/0702/070215084711.gif
Figure 4. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected (see Figures 4-6 in my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
As in impulse iii of (a) extension in the fifth wave is supposed, Elliott's double retracement comes to my mind (see Figures 2-8 in my book). Its minimum size (min ~ 1.3050) fits into the expected deep retracement iv of (a).
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070215084758.gif
Figure 5. Wave counting on 480 min chart.
Wave may have assumed the shape of the horizontal correction in the form of the double three. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070215084846.gif
Figure 6. Wave counting on 120 min chart.
Wave (y) is supposed to have assumed the shape of the zigzag with almost equal legs. Upward impulse has been almost completed, it can be the beginning of a new trend.
In the short-term plan downward correction forming is expected. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070215084953.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8, below).
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0702/070215085033.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
The last downward impulse iii is quite interesting, wedge , skewed triangle (4) of , extension . If the supposition is correct, Elliott's double retracement comes to my mind (see Figures 2-8 in my book). Its minimum size (min ~ 120.60) fits into the expected deep retracement iv.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement 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[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 15, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
1) If the supposition about the wedge forming of EUR/USD, USD/CHF and USD/JPY is confirmed, its fourth wave iv may be forming next week, supposedly in the shape of the (double) zigzag (refer to Figures 4-6 in my book).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, are not annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070216084957.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2).
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070216085042.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070216085143.gif
Figure 3. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 4).
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070216085225.gif
Figure 4. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected (see Figures 4-6 in my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070216085311.gif
Figure 5. Wave counting on 480 min chart.
Wave may have assumed the shape of the horizontal correction in the form of the double three. Ending of supposed wave of Y is the critical level for this scenario.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070216085355.gif
Figure 6. Wave counting on 120 min chart.
Correction b? of upward diagonal structure of the new trend is supposed to be forming.
In the short-term plan downward correction forming is expected. Price movement 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-0207. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070216085438.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8, below).
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0702/070216085520.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
The last downward impulse iii formed with an extension in the fifth wave . If the supposition is correct, Elliott's double retracement may be expected. Its minimum size (min ~ 120.60) fits into the expected deep retracement iv.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement 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[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA Forecasts[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comFebruary 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
Preview
The order of consideration of the currency pairs has been changed: EUR/USD, GBP/USD, JPY/USD, USD/CHF.
Introduction
1) If the supposition about the wedge forming of EUR/USD, USD/CHF and USD/JPY is confirmed, its fourth wave iv may be forming this week, supposedly in the shape of the (double) zigzag (refer to Figures 4-6 in my book).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, are not annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070219092258.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2).
If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070219092355.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected (refer to pictures 4-6 of my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070219092451.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. In this case wave (y) may assume the shape of the zigzag, with fulfilled alternation guidelines (refer to page 140 of my book).
In the mid-term plan correction is expected to complete. The wave picture is supposed to clear. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070219092627.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle.
In the short-term plan local downtrend is supposed to continue, wave picture is expected to clear. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070219092714.gif
Figure 5. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 6, below).
If the supposition is confirmed, the ending of wave iv of (i)? may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070219092812.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible
The last downward impulse iii formed with an extension in the fifth wave . If the supposition is correct, Elliott's double retracement may be expected. Its minimum size (min ~ 120.60) fits into the expected deep retracement iv.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070219092904.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8).
If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070219093024.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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[*]Some Words about CAD
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 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
Preview
The order of consideration of the currency pairs has been changed: EUR/USD, GBP/USD, JPY/USD, USD/CHF.
Introduction
1) If the supposition about the wedge forming of EUR/USD, USD/CHF and USD/JPY is confirmed, its fourth wave iv may be forming this week, supposedly in the shape of the (double) zigzag (refer to Figures 4-6 in my book).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, are not annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070220082311.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070220082453.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected (refer to pictures 4-6 of my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070220082539.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. In this case wave (y) may assume the shape of the zigzag, with fulfilled alternation guidelines for zigzags (refer to page 140 of my book).
In the mid-term plan correction is expected to complete. The wave picture is supposed to clear. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070220082623.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which last wave of c is assuming the shape of the (double) zigzag.
In the short-term plan local downtrend is supposed to continue, wave picture is expected to clear. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070220082718.gif
Figure 5. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 6, below).
If the supposition is confirmed, the ending of wave iv of (i)? (or of v of (i)?) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070220082800.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
The last downward impulse iii formed with an extension in the fifth wave . If the supposition is correct, Elliott's double retracement may be expected (see pictures 2-8 in my book). Its minimum size (min ~ 120.60) fits into the expected deep retracement iv.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070220082846.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070220083748.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 20, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
The order of consideration of the currency pairs has been changed: EUR/USD, GBP/USD, JPY/USD, USD/CHF.
Introduction
1) If the supposition about the wedge forming of EUR/USD, USD/CHF and USD/JPY is confirmed, its fourth wave iv may be forming this week, supposedly in the shape of the (double) zigzag (refer to Figures 4-6 in my book).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, are not annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070221083307.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2, below).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070221083440.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected (refer to pictures 4-6 of my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070221083529.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. In this case wave (y) may assume the shape of the zigzag, with fulfilled alternation guidelines for zigzags (refer to page 140 of my book).
In the mid-term plan correction is expected to complete. The wave picture is supposed to clear. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070221083612.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which last wave of c is assuming the shape of the double zigzag.
In the short-term plan local downtrend is supposed to continue, wave picture is expected to clear. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070221083708.gif
Figure 5. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 6, below).
If the supposition is confirmed, the ending of wave iv of (i)? (or of v of (i)?) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070221083750.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the double (triple) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070221083834.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8, below).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070221083401.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the (double) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
5. GBP/CHF
http://www.alpari-forex.com/files/0702/070221083935.gif
Figure 9. Wave counting on 120 min chart.
In article Additional Profit on Swaps (EWA of GBP/CHF) survey wave counting of this cross-rate was given. Possible scenario of supposed wave of C forming in the shape of the triple zigzag is given in Figure 9.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 21, 2007The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
The order of consideration of the currency pairs has been changed: EUR/USD, GBP/USD, JPY/USD, USD/CHF.
Introduction
1) If the supposition about the wedge forming of EUR/USD, USD/CHF and USD/JPY is confirmed, its fourth wave iv may be forming this week, supposedly in the shape of the (double) zigzag (refer to Figures 4-6 in my book).
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, have not been annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070222095024.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) is forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2, below).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070222095109.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. According to the guidelines for alternation wave iv in the shape of the double (triple) zigzag may be expected (refer to pictures 4-6 of my book). If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
The price does not hurry downwards, forming the “Head and Shoulders”, a classical pattern of the technical analysis. Possible minimum target is around 1.3025.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070222095154.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. In this case wave (y) may assume the shape of the zigzag, with fulfilled alternation guidelines for zigzags (refer to page 140 of my book).
In the mid-term plan correction is expected to complete. The wave picture is supposed to clear. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070222095235.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which last wave of c is assuming the shape of the double zigzag.
In the short-term plan local downtrend is supposed to continue, wave picture is expected to clear. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070222095318.gif
Figure 5. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) is forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 6, below).
If the supposition is confirmed, the ending of wave iv of (i)? (or of v of (i)?) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070222095401.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the double (triple) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
The price has reached the minimum specified targets, having formed the first retracement in the price area of wave of iii, wave iv forming is not completed yet.
In the short-term plan forming of deep correction iv of wedge (i) is expected. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070222095447.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) starts forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8, below).
If the supposition is confirmed, the ending of wave iv of (a) (or of v of (a)) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070222095530.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. According to the guidelines for alternation wave iv in the shape of the double (triple) zigzag may be expected. If the supposition is confirmed, a good play in favor of the dollar and then against it is possible.
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 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
This article is an addition to Daily-220207. If the suppositions, given here, are correct, grounds for quite a good short-term play in both directions arise.
Many trend movements start with a wedge. If the wedge is at the beginning of the supposed impulse, the consequences can be quite impressive (e.g. see Figures 2-17... 2-20 in my book). In the context of correction, as in our case, further movements are not so large-scale, but they exist! Why not seize the opportunity then?
The details in the charts below do not need any explanations.
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[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207[*]Daily-220207
1. EUR/USD
http://www.alpari-forex.com/files/0702/070222144008.gif
Figure 1. Wave counting on 30 min chart.
2. GBP/USD
http://www.alpari-forex.com/files/0702/070222144052.gif
Figure 2. Wave counting on 30 min chart.
3. USD/CHF
http://www.alpari-forex.com/files/0702/070222144144.gif
Figure 3. Wave counting on 30 min chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 22, 2007 (14:20 GMT+3)The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
The order of consideration of the currency pairs has been changed: EUR/USD, GBP/USD, JPY/USD, USD/CHF.
Introduction
1) In yesterday's additional article The Wedge is the Staff of Life... on the small time-frame scenario of the current correction forming, which completion is expected at the end of the next week, was described in details.
2) Alternate scenarios, described in details in Annual-07 and Monthly-0207, have not been annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070223084759.gif
Figure 1. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) is forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 2, below).
If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070223084838.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. Its fourth wave iv is supposed to be assuming the shape of the zigzag (refer to The Wedge is the Staff of Life...), confirming the guidelines for alternation (refer to pictures 4-6 of my book).
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070223084922.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. In this case wave (y) may assume the shape of the zigzag, with fulfilled alternation guidelines for zigzags (refer to page 140 of my book).
If the supposition is confirmed, the ending of wave may form above the key pulse point.
In the mid-term plan correction is expected to complete. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070223085015.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which last wave of c is assuming the shape of the double zigzag and correction (X) of - the shape of the zigzag (refer to The Wedge is the Staff of Life...).
In the short-term plan local downtrend is supposed to continue, wave picture is expected to clear. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070223085101.gif
Figure 5. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (i) is forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 6, below).
Wave iv is supposed to be almost completed. If the supposition is confirmed, the ending of wave of v of (i)? may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070223085144.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. Its fourth wave iv is supposed to be assuming the shape of the double zigzag, confirming the guidelines for alternation (see pictures 4-6 in my book), and it is almost completed.
In the short-term plan completion of deep correction iv of wedge (i) is expected. The local trend is supposed to reverse downwards. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070223085228.gif
Figure 7. Wave counting on 480 min chart.
Of course, it is just a supposition that wave (a) is forming in the shape of the wedge, though the inner wave structure allows to bring this scenario to the foreground (refer to Figure 8, below).
If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070223085312.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. Its fourth wave iv is supposed to be assuming the shape of the zigzag (refer to The Wedge is the Staff of Life...), confirming the guidelines for alternation (see pictures 4-6 in my book).
In the short-term plan forming of deep correction iv of wedge (a) is expected. Price movement 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[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 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
Alternate scenarios, described in details in Annual-07 and Monthly-0207, have not been annulled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)[*]Annual-07[*]Monthly-0207
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070226085253.gif
Figure 1. Wave counting on 480 min chart.
Wave (a) is supposed to be forming in the shape of the wedge. If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070226085346.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. Its fourth wave iv is supposed to be assuming the shape of the zigzag.
In the short-term plan deep correction iv of wedge (a) completion is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070226085431.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. If the supposition is confirmed, the ending of wave may form above the key pulse point.
In the mid-term plan correction completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070226085517.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which final wave of c is assuming the shape of the double zigzag.
In the short-term plan local downtrend is supposed to continue. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070226085640.gif
Figure 5. Wave counting on 480 min chart.
Wave (i)? is supposed to be forming in the shape of the wedge. If the supposition is confirmed, ending of wave iv or of v of (i)? may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070226085726.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. Its fourth wave iv is supposed to have assumed the shape of the double zigzag, confirming guidelines for alternation (see pictures 4-6 in my book).
In the short-term plan completion of deep correction iv of wedge (i) is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070226085813.gif
Figure 7. Wave counting on 480 min chart.
Wave (a) is supposed to be forming in the shape of the wedge. If the supposition is confirmed, ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070226085941.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. Its fourth wave iv is supposed to be assuming the shape of the zigzag.
In the short-term plan completion of deep correction iv of wedge (a) is expected. Price movement 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[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 26, 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
Alternate scenarios, described in details in Annual-07 and Monthly-0207, have not been annulled yet.
Addition at 17:00 moscow time
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070227084516.gif
Figure 1. Wave counting on 480 min chart.
Wave (a) is supposed to be forming in the shape of the wedge. If the supposition is confirmed, the ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan uptrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070227084631.gif
Figure 2. Wave counting on 120 min chart.
The wedge is one of possible scenarios of upward movement. The variant with already formed impulsive structure, which is shown in the chart in grey lines, is possible.
In the short-term plan completion of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070227084715.gif
Figure 3. Wave counting on 480 min chart.
Wave may be assuming the shape of the horizontal correction in the form of the double three, it is not completed yet. If the supposition is confirmed, the ending of wave may form above the key pulse point.
In the mid-term plan correction completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070227084755.gif
Figure 4. Wave counting on 120 min chart.
Finishing leg c of zigzag (y) is supposed to be forming in the shape of the diagonal triangle, which final wave of c is assuming the shape of the double zigzag. According to the alternate variant wave of с may be already completed, upward wedge may be forming.
In the short-term plan local downtrend is supposed to continue. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070227084840.gif
Figure 5. Wave counting on 480 min chart.
Wave (i)? is supposed to be forming in the shape of the wedge. If the supposition is confirmed, ending of wave of v of (i)? may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070227084918.gif
Figure 6. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. Its fourth wave iv is supposed to have assumed the shape of the double zigzag, confirming guidelines for alternation. The first waves of downward impulse v of (i) are supposed to be forming.
In the short-term plan downtrend is expected to keep forming. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070227085007.gif
Figure 7. Wave counting on 480 min chart.
Wave (a) is supposed to be forming in the shape of the wedge. If the supposition is confirmed, ending of wave iv of (a) may form above the key pulse point.
In the mid-term plan downtrend is supposed to keep forming. Either main or alternate scenario is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070227084601.gif
Figure 8. Wave counting on 120 min chart.
The wedge is one of possible scenarios of downward movement. The variant with already formed impulsive structure, which is shown in the chart in grey lines, is possible.
In the short-term plan completion of deep correction iv of wedge (a) is expected. Price movement forecast and support/resistance levels are shown in the chart.
Note
Given possible trading plans are purely informational purpose only and they should not be considered as trading guides or an invitation to make a transaction.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 27, 2007This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Suppositions of this morning are confirmed (refer to Daily-270207). By all appearances, only JPY is forming the wedge, other currencies are supposed to be forming an impulse.
1. EUR/USD
http://www.alpari-forex.com/files/0702/070227172825.gif
Figure 1. Wave counting on 240 min chart.
2. GBP/USD
http://www.alpari-forex.com/files/0702/070227172916.gif
Figure 2. Wave counting on 240 min chart.
3. USD/JPY
http://www.alpari-forex.com/files/0702/070227173002.gif
Figure 3. Wave counting on 240 min chart.
4. USD/CHF
http://www.alpari-forex.com/files/0702/070227173045.gif
Figure 4. Wave counting on 240 min chart.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Daily-270207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 27, 2007, 17:00 (Moscow time)This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd.
Introduction
1. Note how the so called Elliott's double retracement has formed (see pictures 2-8 in my book) on USD/JPY chart, which was forecast two weeks ago (see Daily-150207).
2. Alternate scenarios, described in details in Annual-07 and Monthly-0207, have not been annulled yet.
1. EUR/USD
For EUR survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070228074500.gif
Figure 1. Wave counting on 480 min chart.
Yesterday's price thrust upwards annulled the variant with an upward wedge. It's most probable that supposed wave (a) is forming in the shape of the upward impulse, which is almost completed.
In the mid-term plan impulse (a) completion and corrective wave (b) forming are supposed to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070228074545.gif
Figure 2. Wave counting on 120 min chart.
Impulse is one of possible scenarios of upward movement. To project its completion point “trend-to-trend” method and “Robert Balan's fifth measurement method” were applied (refer to Methods of Price Movement Projection (EWA)).
In the short-term plan impulse (a) completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
2. GBP/USD
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070228074630.gif
Figure 3. Wave counting on 480 min chart.
The last upward movement of GBP may be treated as an impulse (refer to Addition), though it seems to be too rough. That is why wave forming in the shape of the horizontal triangle, described earlier as an alternate variant, is brought to the forefront.
In the mid-term plan correction completion is expected. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070228074714.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting confirms that waves of the horizontal triangle consist mainly of zigzags.
In the short-term plan wave (d) completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
3. USD/JPY
For survey wave counting of this currency refer to Annual-07 and Monthly-0207. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070228074758.gif
Figure 5. Wave counting on 480 min chart.
Wave (i)? is supposed to be forming in the shape of the downward wedge, it is almost completed.
In the mid-term completion of wedge (i)? and forming of correction (ii)? are expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0702/070228074840.gif
Figure 6. Wave counting on 120 min chart.
Wedge is one of possible scenarios of downward movement. Just have a look at the perfect forming of Elliot's double retracement, projected two weeks ago (refer to Daily-150207). To project completion point of the wedge “trend-to-trend” method and “Robert Balan's fifth measurement method” were applied (refer to Methods of Price Movement Projection (EWA)).
In the short-term plan wedge (i)? completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
4. USD/CHF
For CHF survey wave counting refer to Annual-07 and Monthly-0207. Refer to Figure 7 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0702/070228074925.gif
Figure 7. Wave counting on 480 min chart.
Yesterday's price thrust downwards annulled the variant with a downward wedge. It's most probable that supposed wave (a) is forming in the shape of the downward impulse, which is almost completed.
In the mid-term plan impulse (a) completion and corrective wave (b) forming are supposed to be confirmed. Price movement forecast and support/resistance levels are shown in the chart. For more details refer to the following picture.
http://www.alpari-forex.com/files/0702/070228075042.gif
Figure 8. Wave counting on 120 min chart.
Impulse is one of possible scenarios of downward movement. To project its completion point “trend-to-trend” method and “Robert Balan's fifth measurement method” were applied (refer to Methods of Price Movement Projection (EWA)).
In the short-term plan impulse (a) completion is expected to be confirmed. Price movement forecast and support/resistance levels are shown in the chart.
5. GBP/CHF
http://www.alpari-forex.com/files/0702/070228080036.gif
Figure 9. Wave counting on 120 min chart.
This cross-rate survey was given in article Additional Profit on Swaps (EWA of GBP/CHF). Possible scenario of supposed wave of C completion in the shape of the triple zigzag is given in Figure 9.
Note
Given possible trading plans are purely informational purpose only and they should not be considered as trading guides or an invitation to make a transaction.
Reference
[*]Imaginary Skewer[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Check point. USD fall may continue till May 2007[*]Some Words about CAD[*]Additional Profit on Swaps (EWA of GBP/CHF)
[*]FOREX forecast, 2007[*]Monthly-0207[*]Wave analysis[*]Wave Counting Marking[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comFebruary 28, 2007This report was translated by Natalya.
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