The weakening of the European currencies against the USD continues (EUR/USD, GBP/USD and USD/CHF). At the same time the Japanese yen rises against the USD (USD/JPY). In total all these cause almost vertical decline of JPY cross rates i.e. impetuous strengthening of the yen against the European currencies (EUR/JPY and GBP/JPY). The beginning point of this decline was rather precisely forecasted this summer (refer to the articles A Rare Form of Zigzag (EURJPY) and Variety of Variants for GBP/JPY ).
But the main question at the moment is to determine possible depth of the decline of the European currencies and of the strengthening of the USD and JPY, as well as their further price movement (EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/JPY и GBP/JPY). The article I’m working on that will be released in the next few days will be devoted to these questions. 1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32207_12298.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32207_12299.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposes zigzag A-B-C of (A) completes developing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse of C of (A) and of impulse C of (A).
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32207_12300.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32207_12301.gif
Figure 4. Wave counting on 480 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse (v) of of Y and of impulse of Y.
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32207_12302.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32207_12303.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) completes developing (if wave 5 of (A) doesn’t decide to develop an extension). Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse 5 of (A) and impulse (A) itself.
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32207_12304.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32207_12305.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse (v) of of Y and of impulse of Y.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 24, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
The weakening of the European currencies against the USD (EUR/USD, GBP/USD and USD/CHF) continues. At the same time the Japanese yen continues strengthening against the USD (USD/JPY). In total all these cause almost vertical decline of JPY cross rates i.e. impetuous strengthening of the yen against the European currencies (EUR/JPY and GBP/JPY). The beginning point of this decline was rather precisely forecasted this summer (refer to the articles A Rare Form of Zigzag (EURJPY) and Variety of Variants for GBP/JPY ).
But the main question at the moment is to determine possible depth of the decline of the European currencies and of the strengthening of the USD and JPY, as well as their further price movement (EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/JPY и GBP/JPY). The article I’m working on that will be released in the next few days will be devoted to these questions.
1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32224_12330.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32224_12331.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The development of the supposed zigzag A-B-C of (A) is completing. Its completion will be confirmed if the price fixes beyond the upper channel of impulse of C of (A) and of impulse C of (A).
The updated wave counting doesn’t rule out further decline of EUR/USD after a short correction.
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32224_12332.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32224_12333.gif
Figure 4. Wave counting on 480 min chart. Variant 1.
The development of zigzag -- of Y is completing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse (v) of of Y and of impulse of Y.
The updated counting doesn’t rule out further decline of GBP/USD after a short correction.
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32224_12334.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32224_12335.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) completes developing (if wave 5 of (A) doesn’t decide to develop an extension). Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse 5 of (A) and impulse (A) itself.
The updated counting doesn’t rule out further decline of USD/JPY after a short correction.
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32224_12336.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32224_12337.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse (v) of of Y and of impulse of Y.
The updated counting doesn’t rule out further rise of USD/CHF after a short correction.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 27, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
The weakening of the European currencies against the USD (EUR/USD, GBP/USD and USD/CHF) continues. At the same time the Japanese yen continues strengthening against the USD (USD/JPY). In total all these cause almost vertical decline of JPY cross rates i.e. impetuous strengthening of the yen against the European currencies (EUR/JPY and GBP/JPY). The beginning point of this decline was rather precisely forecasted this summer (refer to the articles A Rare Form of Zigzag (EURJPY) and Variety of Variants for GBP/JPY ).
But the main question at the moment is to determine possible depth of the decline of the European currencies and of the strengthening of the USD and JPY, as well as their further price movement (EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/JPY и GBP/JPY).
The first part of the promised materials on this topic will be publisher today or tomorrow.
1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 1 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32234_12348.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32234_12349.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The development of the supposed zigzag A-B-C of (A) is completing. Its completion will be confirmed if the price fixes beyond the upper channel of impulse of C of (A) and of impulse C of (A).
If the supposition of the current wave counting is true good perspectives open for short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32234_12350.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32234_12351.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
”> The development of zigzag -- of Y is completing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse (v) of of Y and of impulse of Y.
If the supposition of the current wave counting is true good perspectives open for short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32234_12352.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32234_12353.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) completes developing (if wave 5 of (A) doesn’t decide to develop an extension). Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse 5 of (A) and impulse (A) itself.
If traders having followed my precedingrecommendations (refer for example to Figures 10 and 11 in Daily-221008) closed their short positions the current wave counting represents a good perspective for new short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32234_12354.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32234_12355.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the lower border of the channel of impulse (v) of of Y and of impulse of Y.
If the supposition of the current wave counting is true good perspectives for long short term positions open. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 28, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
The weakening of the European currencies and the strengthening of the Japanese yen against the USD continues (EUR/USD, GBP/USD and USD/CHF).
The first part of the promised materials was released yesterday (refer to the article Possible depth of decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)).
< 1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of Decline. Refer to Figure 1 for the wave counting draft of this currency on 720 min chart..
http://www.alpari-forex.com/files/pic/docs/13/32251_12386.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32251_12387.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse of C of (W) and of impulse C of (W).
If the supposition of the current wave counting is true good perspectives open for short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 3 for the wave counting draft of this currency on 720 min chart..
http://www.alpari-forex.com/files/pic/docs/13/32251_12388.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32251_12389.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the channel of impulse (v) of of Y or of impulse of Y.
If the supposition of the current wave counting is true good perspectives open for short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32251_12390.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed if the price fixes beyond the upper channel of impulse 5 of (A) and of impulse (A) itself.
If traders having followed my previous recommendations (refer for example to Figures 10 and 11 in Daily-221008), closed their short positions the current wave counting represents a good perspective for new short short-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 6 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32251_12391.gif
Figure 6. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32251_12392.gif
Figure 7. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed if the price fixes beyond the upper border of impulse of C of (Y) and of impulse C of (Y).
If the supposition of the current wave counting is true good perspectives for long short-term positions open. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 29, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
It isn’t ruled out that the strengthening of the European currencies and weakening of the Japanese yen against the US dollar during the last days is of local, corrective nature.
1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of Decline. Refer to Figure 1 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32267_12399.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32267_12400.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed if the price fixes beyond the upper border of the channel of impulse of C of (W) and of impulse C of (W).
The size of developing upward correction allows supposing that at the moment wave of C or its part (a) of of C completes developing. At the same time it should be noted that its size reached the limit values for the supposed wave C of (W). Further rise of the price will cancel the current counting on small time-frames.
If the supposition of the current wave counting is true good perspectives for short mid-term positions open. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 3 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32267_12401.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32267_12402.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes beyond the channel of impulse (v) of of Y or of impulse of Y.
The size of developing upward correction allows supposing that at the moment wave (iv) of or its part a of (iv) of completes developing. At the same time it should be noted that its size has reached the limit values for the supposed wave (iv) of of Y. Further rise of the price will cancel the current counting on small time-frames.
If the supposition of the current wave counting is true godd perspectives for short midterm positions open. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32267_12403.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32267_12404.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed if the price fixes beyond the upper channel of impulse 5 of (A) and of impulse (A) itself.
The size of developing upward correction allows supposing that at the moment wave 4 of (A) or its part of 4 of (A) completes developing. At the same time it should be noted that its size has reached the limit values for the supposed wave (iv) of of Y. Further rise of the price will cancel the current wave counting on small time-frames.
If traders having followed my previous recommendations (refer for example to Figures 10 and 11 in Daily-221008), closed already their short positions the current wave counting represents good perspective for new short mid-term positions. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 7 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32267_12405.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32267_12406.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed if the price fixes beyond the upper border of impulse of C of (Y) and of impulse C of (Y).
The size of developing downward correction allows supposing that at the moment wave of C of (Y) or its part (a) of of C of (Y) completes developing. At the same time it should be noted that its size has reached the limit values for the supposed wave of C of (Y). Further decline of the price will cancel the current counting on small time-frames.
If the supposition of the current wave counting is true good perspectives for long mid-term positions open. Here I would like to remind that placing orders in advance is a highly risky though potentially more profitable tactic (refer to A brief course on the Elliott wave principle. Part 3.).
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 30, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
[ 本帖最后由 hefeiddd 于 2009-4-30 15:34 编辑 ]
1) It isn’t ruled out that the strengthening of the European currencies and weakening of the Japanese yen against the US dollar during the last days is of local, corrective nature.
2) The forecast for November will be released this weekend.
1. EUR/USDFor survey wave counting of EUR refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of Decline. Refer to Figure 1 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32291_12435.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32291_12436.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed if the price fixes above the critical level. At the moment the ending wave of zigzag of C of (W) is developing.
2. GBP/USDFor survey wave counting of GBP refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 3 for the wave counting draft of this currency on 720 min chart..
http://www.alpari-forex.com/files/pic/docs/13/32291_12437.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32291_12438.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes above the critical level. At the moment the ending wave of zigzag (v) of of Y might be developing.
3. USD/JPYFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32291_12439.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32291_12440.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed after the price fixes beyond the upper border of the channel of impulse (A) itself. At the moment the ending wave of impulse 5 of (A) might be developing.
4. USD/CHFFor survey wave counting of JPY refer to the article The Review of the Bigger Time-Frames (IV quarter of 2008) and Monthly-1008 and to the article Possible Depth of the Decline. Refer to Figure 7 for the wave counting draft of this currency on 720 min chart.
http://www.alpari-forex.com/files/pic/docs/13/32291_12441.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32291_12442.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the critical level. At the moment the ending wave of zigzag of C of (Y) might be developing.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, October 2008[*]EUR/USD, Monthly Wave Analysis, October 2008[*]GBP/USD, Monthly Wave Analysis, October 2008 [*]USD/JPY, Monthly Wave Analysis, October 2008 [*]USD/CHF, Monthly Wave Analysis, October 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comOctober 31, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
[ 本帖最后由 hefeiddd 于 2009-5-1 11:02 编辑 ]
1) Supposedly the strengthening of the US dollar hasn’t completed yet.
2) The forecast for November was released yesterday (refer to Monthly-1108).
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of Decline.
http://www.alpari-forex.com/files/pic/docs/13/32314_12475.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32314_12476.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel and above the critical level. At the moment the ending wave of zigzag of C of (W) might be developing.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32314_12477.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32314_12478.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel and above the critical level. At the moment the ending wave of zigzag (v) of of Y might be developing.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32314_12479.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32314_12480.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed after the price fixes beyond the upper border of the channel of impulse (A) itself. At the moment the ending wave of impulse 5 of (A) might be developing.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32314_12481.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32314_12482.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel and below the critical level. At the moment the ending wave of zigzag of C of (Y) might be developing.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 3, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
[ 本帖最后由 hefeiddd 于 2009-5-1 11:08 编辑 ]
1) The traders who opened mid-term positions in the favor of the US dollar according to my recommendations (refer to Daily-301008), can close them with total profit of more than 2000 pips or to place closer trailing-stop orders as the situation on the small time-frames becomes indefinite.
2) Supposedly the strengthening of the US dollar hasn’t completed yet.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of Decline .
http://www.alpari-forex.com/files/pic/docs/13/32321_12497.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32321_12498.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel. At the moment the ending wave of zigzag of C of (W) might be developing.
At the same time the alternate variant isn’t ruled out as downward price movement during the last days can be interpreted as a zigzag not an impulse.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32321_12499.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32321_12500.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel. At the moment the ending wave of zigzag (v) of of Y might be developing.
At the same time the alternate variant isn’t ruled out as downward price movement during the last days can be interpreted as a zigzag not an impulse.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32321_12501.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32321_12502.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed after the price fixes beyond the upper border of the channel of impulse (A) itself.
If upward price movement continues a switch to the alternate scenario (refer to Figure Y2 in Monthly-1108) isn’t ruled out.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32321_12503.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32321_12504.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 4, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory
[ 本帖最后由 hefeiddd 于 2009-5-1 11:09 编辑 ]
Supposedly the price trend in the favor of the USD hasn’t completed yet.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of Decline .
http://www.alpari-forex.com/files/pic/docs/13/32341_12528.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32341_12529.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment the wave counting suggest a pair of main scenarios of further price movement on the small time-frames. According to one of them wave of C may be assuming the shape of a downward diagonal triangle. The critical and confirmatory levels are plotted on the chart for this scenario. The other scenario doesn’t rule out that wave of C continues developing in the form of a horizontal correction.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32341_12530.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32341_12531.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment the wave counting suggest a pair of the main scenarios of the further price movement on the small time-frames. According to one of them wave (v) of may be assuming the shape of a downward diagonal triangle. The critical and confirmatory levels plotted on the chart are for this scenario. The other one doesn’t rule out that wave (iv) of continues developing in the form of a horizontal correction.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32341_12532.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32341_12533.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The supposed impulse (A) of completes developing. Its completion will be confirmed after the price fixes beyond the upper border of impulse (A) itself.
If upward movement of the price continues a switch to the alternate scenario isn’t ruled out (refer to Figure Y2 in Monthly-1108).
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32341_12534.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32341_12535.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel.
Further upward price movement synchronous with the movement of the European currencies may mean that wave of C is developing an extension. The critical and confirmatory levels plotted on the chart are for this scenario. the other scenario doesn’t rule out that wave of C continues developing in the form of a horizontal correction.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 5, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
[ 本帖最后由 hefeiddd 于 2009-5-4 08:17 编辑 ]
Supposedly the long-term price trend in the favor of the USD hasn’t completed yet.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of Decline .
http://www.alpari-forex.com/files/pic/docs/13/32353_12546.gif
Figure 1. Wave couning on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32353_12547.gif
Figure 2. Wave couning on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment the wave counting suggest a pair of scenarios of the further price movement on small time-frames. According to one of them wave of C is assuming the shape of a downward diagonal triangle (refer to the charts in Daily-051108). The other scenario doesn’t rule out that wave of C continues developing in the form of a horizontal correction.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32353_12548.gif
Figure 3. Wave couning on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32353_12549.gif
Figure 4. Wave couning on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment the wave counting suggest a pair of the main scenarios of the further price movement on small time-frames. According to one of them wave (v) of may be assuming the shape of a downward diagonal triangle (refer to the charts in Daily-051108). The other one doesn’t rule out that wave (iv) of continues developing in the form of a horizontal correction.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32353_12550.gif
Figure 5. Wave couning on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32353_12551.gif
Figure 6. Wave couning on 120 min chart. Variant 3dt.
It isn’t rule out that in the framework of the alternate scenario corrective wave (B) of is developing in the form of a supposed zigzag (refer to Monthly-1108). If the supposition is true the mid-term price rise will continue.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32353_12552.gif
Figure 7. Wave couning on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32353_12553.gif
Figure 8. Wave couning on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel.
The continuation of the upward price movement synchronous with the movement of other European currencies may mean that wave of C is developing an extension. The critical and confirmatory levels plotted on the charts are for this scenario. The other scenario doesn’t rule out that wave of C continues developing in the form of a horizontal correction.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 6, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly the long-term price trend in the favor of the USD hasn’t completed yet. At the moment on the back of this trend local correction against the dollar of about 400 pips is expected.
The wave counting doesn’t rule out that the ending stage of the US dollar’s strengthening will start Monday right after the above-mentioned correction. That’s why the forecast for Monday may be released earlier than usually in order not to miss the optimal entry point. 1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of Decline .
http://www.alpari-forex.com/files/pic/docs/13/32364_12569.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32364_12570.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of channel.
At the moment the wave counting doesn’t rule out that wave of C continues developing in the form of a horizontal triangle.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32364_12571.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32364_12572.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment the wave counting doesn’t rule out that wave (iv) of continues developing in the form of a skewed triangle.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32364_12573.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
The last wave construction allows several variants of counting one of which is shown on the chart.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32364_12574.gif
Figure 6. Wave counting on 720 min chart. Variant 3dt.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel.
The wave construction of the last days allows several variants of counting one of which doesn’t rule out that either the supposed wave B of (Y) is developing in the form of a skewed triangle or wave C of (Y) is assuming the shape of a diagonal triangle.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 7, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
1) The wave counting doesn’t rule out that the ending stage of the US dollar’s strengthening will start in the nearest future right after the completion of the correction that is considered in detail in the article Barrier and Other Triangles. the main levels and targets sufficient to making trading plans are also given in this article.
2) The traders who opened short-term positions against the US dollar according to my recommendations it is time to think about their closing with the total profit of several hundreds pips (refer to Daily-071108).
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32399_12597.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32399_12598.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel. But for the sake of completeness the price has to build up the ending wave of C.
At the moment wave of C might be completing in the form of a horizontal triangle.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32399_12599.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32399_12600.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel. But for the sake of completeness the price has to build up the ending wave (v) of .
At the moment wave (iv) of might be completing in the form of a skewed triangle.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32399_12601.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32399_12602.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The last wave construction allows several variants of counting one of which is shown in the chart.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32399_12603.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32399_12604.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel. But for the sake of completeness the price has to build up the ending wave of C.
At the moment wave of C might be completing in the form of a barrier (horizontal) triangle.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 10, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Suppositions given in the article Barrier and Other Triangles and Daily-101108 are confirmed. Traders who placed orders in advance according to my recommendations may take the first portion of profit and plan further trade in the favor of the US dollar.
But note please the critical levels indicated in the today’s forecast. In spite of the fact that the expected targets aren’t reached yet if the price crosses the critical levels it may mean the mid-term trend reversal against the US dollar and consequently the reversal of mid-term trading positions.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32427_12627.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32427_12628.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel and the critical level.
At the moment downward wave of C might be developing. If the price passes the confirmatory levels it will increase the advantage of the main scenario. If the price crosses the critical level it may mean the completion of zigzag A-B-C of (W) and the trend reversal.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32427_12629.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32427_12630.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed if the price fixes above the upper border of the channel and the critical level.
At the moment downward wave (v) of might be developing. If the price passes the confirmatory level it will increase the advantage of the main scenario. if the price crosses the critical level it may mean the completion of zigzag -- of Y and the trend reversal.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32427_12631.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32427_12632.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The last wave construction allows several variants of counting one of which is given in the chart.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32427_12633.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32427_12634.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed if the price fixes below the lower border of the channel and the critical level.
At the moment upward wave of C might be developing. If the price passes the confirmatory level it will increase the advantage of the main scenario. if the price crosses the critical level it may mean the completion of zigzag A-B-C of (Y) and the trend reversal.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 11, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
The stage of the US dollar’s strengthening is completing. The projected levels of its completion were considered in the article Barrier and Other Triangles .
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32442_12651.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32442_12652.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel and the critical level.
At the moment downward wave of C might be developing.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32442_12653.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32442_12654.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel and the critical level.
At the moment downward wave (v) of might be developing.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32442_12655.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32442_12656.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The last wave construction allows several variants of counting, the updated variant of which is given in the charts.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32442_12657.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32442_12658.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel and the critical level.
At the moment upward wave of C might be developing.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 12, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
The sage of the US dollar’s strengthening is completing. The traders who opened mid-term positions in the favor of the US dollar according to my recommendations (refer to Barrier and Other Triangles and Daily-101108), it is time to think of closing positions with a snug profit.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32455_12677.gif
Figure1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32455_12678.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment downward wave of C might be developing.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32455_12679.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32455_12680.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y completes developing. Its completion will be confirmed after the price fixes above the upper border of the channel.
At the moment downward wave (v) of might be developing.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32455_12681.gif
Figure5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32455_12682.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several variants of counting one of which is given in the chart.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32455_12683.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32455_12684.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) completes developing. Its completion will be confirmed after the price fixes below the lower border of the channel.
At the moment upward wave of C might be developing.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 13, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly another stage of the US dollar’s strengthening is completed. There remains for us to expect the confirmation of this. If the supposition is true the beginning of a new stage of the price movement should be expected — the development of a long-lasting correction against the USD (refer to the article Possible Depthe of the Decline).
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32476_12700.gif
Figure 1. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32476_12701.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (W) might be completed. Its completion will be confirmed after the price fixes above the 1.28..1.30 levels.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32476_12702.gif
Figure 3. Wave counting on 480 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32476_12703.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
The supposed zigzag -- of Y might be completed. Its completion will be confirmed after the price fixes above the 1.56..1.60 levels.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32476_12704.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32476_12705.gif
Figure 1. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several variants of counting one of which is shown in the charts. If the supposition is true uptrend to the 103 mark and may be further should be expected.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32476_12706.gif
Figure 7. Wave counting on 480 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32476_12707.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The supposed zigzag A-B-C of (Y) might be completed. Its completion will be confirmed after the price fixes below the 1.14..1.12 levels.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 14, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly another stage of the US dollar’s strengthening is mainly completed. But the price may draw the ending strokes of the current wave pattern. In this case there remains to wait patiently for the development of the price trend reversal against the USD and the development of a possible long-lasting correction (refer to the article Possible Depth of the Decline).
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32502_12741.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32502_12742.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
Without canceling the variants of counting considered last week (refer to for example Daily-141108), I offer here a quite possible alternate scenario. Zigzag A-B-C of (W) might be completing. Its completion will be confirmed after the price fixes above the 1.28..1.30 levels.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32502_12743.gif
Figure 1. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32502_12744.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
Zigzag -- of Y might be completing. Its completion will be confirmed after the price fixes above the 1.56..1.60 levels.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32502_12745.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32502_12746.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several variants of counting one of which is shown in the chart. If the supposition is true uptrend to the 103 mark, possibly in the form of a diagonal triangle C of (B) of , should be expected.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32502_12747.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32502_12748.gif
Figure 8. Wave counting on 120 min chart. Variant 3dt.
Zigzag A-B-C of (Y) might be completing. Its completion may be confirmed after the price fixes below the 1.14..1.12 levels.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 17, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly another stage of the US dollar’s strengthening is completing. But the ending strokes of the current wave pattern don’t rule out price movement up to 500 pips. If this is the case mid-term positions in the favor of the USD may be rather profitable.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32514_12769.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32514_12770.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
Zigzag A-B-C of (W) might be completing. Its completion will be confirmed after the price fixes above the 1.28..1.30 levels. But for the completion of the supposed diagonal triangle of C of (W) downward zigzag (v) of of C of (W) to the 1.20 mark is needed.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32514_12771.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32514_12772.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
The development of zigzag -- of Y might be completing. Its completion will be confirmed after the price fixes above the 1.56..1.60 levels. But for the completion of the supposed impulse (v) of of Y a downward impulse or diagonal triangle v of (v) of of Y to the 1.45 mark is needed.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32514_12773.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32514_12774.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several contradictory variants of counting one of which is shown in the charts. It isn’t ruled out that along with the ending strengthening of the USD strengthening of the Japanese yen will follow. But this supposition requires its confirmation.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32514_12775.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32514_12776.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The development of zigzag A-B-C of (Y) might be completing. Its completion will be confirmed after the price fixes below the 1.14..1.12 levels. But for the completion of the supposed diagonal triangle of C of (W) upward zigzag (v) of of C of (W) to the 1.25 mark is needed.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 18, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly another stage of the US dollar’s strengthening is completing. But the ending strokes of the current wave pattern don’t rule out price movement up to 500 pips. If this is the case mid-term positions in the favor of the USD may be rather profitable. But this supposition requires confirmation.
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32521_12792.gif
Figure 1. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32521_12793.gif
Figure 2. Wave counting on 120 min chart. Variant 3dz.
The development of zigzag A-B-C of (W) might be completing. Its completion will be confirmed after the price fixes above the 1.28..1.30 levels. For the completion of the supposed diagonal triangle of C of (W) downward zigzag (v) of of C of (W) to the 1.20 mark is needed.
In case the price fixes above the critical level the current scenario may be cancelled.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32521_12794.gif
Figure 3. Wave counting on 720 min chart. Variant 1.
http://www.alpari-forex.com/files/pic/docs/13/32521_12795.gif
Figure 4. Wave counting on 120 min chart. Variant 1.
The development of zigzag -- of Y might be completing. Its completion will be confirmed after the price fixes above the 1.56..1.60 levels. For the completion of the supposed impulse (v) of of Y a downward impulse or diagonal triangle v of (v) of of Y to the 1.45 mark is needed.
In case the price fixes above the critical level the current scenario may be cancelled.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
http://www.alpari-forex.com/files/pic/docs/13/32521_12796.gif
Figure 5. Wave counting on 480 min chart. Variant 3dt.
http://www.alpari-forex.com/files/pic/docs/13/32521_12797.gif
Figure 6. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several contradictory variants of counting one of which is shown in the charts. It isn’t ruled out that along with the ending strengthening of the USD the strengthening of the Japanese yen will follow. But this supposition requires confirmation.
In case the price fixes above the critical level the current scenario may be cancelled.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32521_12798.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32521_12799.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The development of zigzag A-B-C of (Y) might be completing. Its completion will be confirmed after the price fixes below the 1.14..1.12 levels. For the completion of the supposed diagonal triangle of C of (W) upward zigzag (v) of of C of (W) to the 1.25 mark is needed.
In case the price fixes below the critical level the current scenario may be cancelled.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 19, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.
Supposedly another stage of the US dollar’s strengthening is completing.
Please note that price surges similar to the yesterday’s surge against the USD often complete extended corrections, sometimes distorting the geometry of the whole wave pattern (refer to the second column of table 3-1 in my book).
1. EUR/USDFor survey wave counting of EUR refer to Monthly-1108 and to the article Possible Depth of the Decline .
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Figure 1. Wave counting on 720 min chart. Variant 3dz.
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Figure 2. Wave counting on 120 min chart. Variant 3dz.
The development of zigzag A-B-C of (W) might be developing. Its completion will be confirmed after the price fixes above the 1.28..1.30 levels. For the completion of the supposed diagonal triangle of C of (W) the price has to build up downward zigzag (v) of of C of (W). It should be taken into consideration that in such contracting diagonal triangles the fifth wave tends to break the lower generating line.
In case the price fixes above the critical level the current scenario may be cancelled.
2. GBP/USDFor survey wave counting of GBP refer to Monthly-1108 and to the article Possible Depth of the Decline .
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Figure 3. Wave counting on 720 min chart. Variant 1.
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Figure 4. Wave counting on 120 min chart. Variant 1.
The development of zigzag -- of Y might be completing. Its completion will be confirmed after the price fixes above the 1.56..1.60 levels. For the completion of the supposed impulse (v) of of Y the price has to build up a downward impulse or diagonal triangle v of (v) of of Y.
After the price fixes above the critical level the current scenario may be cancelled.
3. USD/JPYFor survey wave counting of JPY refer to Monthly-1108 and to the article Possible Depth of the Decline.
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Figure 5. Wave counting on 480 min chart. Variant 3dt.
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Figure 6. Wave counting on 120 min chart. Variant 3dt.
The current wave construction allows several contradictory variants of counting one of which is shown in the charts. It isn’t ruled out that along with the ending strengthening of the USD the strengthening of the JPY will follow. To confirm this supposition the price has to build up downward impulse 5 of (A) of .
In case the price fixes above the critical level the current scenario may be cancelled.
4. USD/CHFFor survey wave counting of CHF refer to Monthly -1108 and to the article Possible Depth of the Decline .
http://www.alpari-forex.com/files/pic/docs/13/32538_12825.gif
Figure 7. Wave counting on 720 min chart. Variant 3dz.
http://www.alpari-forex.com/files/pic/docs/13/32538_12826.gif
Figure 8. Wave counting on 120 min chart. Variant 3dz.
The development of zigzag A-B-C of (Y) might be completing. Its completion will be confirmed after the price fixes below the 1.14..1.12 levels. To complete the supposed diagonal triangle of C of (W) the price has to build up upward zigzag (v) of of C of (W). It should be taken into consideration that in such contracting diagonal triangles the fifth wave tends to break the upper generating line.
In case the price fixes below the critical level the current scenario may be cancelled.
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
[*]The review of the bigger Time-Frames (Annual Wave Analysis, 2008) [*]EUR/USD (Annual Wave Analysis, 2008)[*]GBP/USD (Annual Wave Analysis, 2008)[*]USD/JPY (Annual Wave Analysis, 2008)[*]USD/CHF (Annual Wave Analysis, 2008)[*]Monthly Wave Analysis, November 2008 [*]EUR/USD, Monthly Wave Analysis, November 2008 [*]GBP/USD, Monthly Wave Analysis, November 2008 [*]USD/JPY, Monthly Wave Analysis, November 2008 [*]USD/CHF, Monthly Wave Analysis, November 2008 [*]The Review of the Bigger Time-Frames (IV quarter of 2008)[*]Variety of Variants for GBP/JPY [*]A Rare Form of Zigzag (EURJPY)[*]Again the Canadian Dollar and Other Dollar Pairs (USD/CAD, EUR/USD, GBP/USD, USD/CHF)[*]Possible Depth of the Decline (EUR/USD, GBP/USD, USD/JPY, USD/CHF)[*]Barrier and Other Triangles (EUR/USD, GBP/USD, USD/CHF)[*]Wave Analysis[*]Methods of Price Movement Projection (EWA)[*]How to Apply EWA ForecastsDmitry Voznuy
forDmitry@yahoo.comNovember 20, 2008When using any part of the article for publication or analytical materials reference to the author and Alpari is obligatory.