Category Archives: Forex Market (Long Term Analysis)

Japanese Yen: Long Term Count

Below in the monthly chart I have labelled a potential count which assumes that from the February 2002 low to the October 2011 top price has unfolded a Triple Zig Zag = wave A

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EURUSD: Update of the Long Term Count

REVIEW OF THE LONG TERM EWP Lets begin with a chart dating back to April 1979. Don’t ask me to label it because I am clueless BUT I can say the following: From the March 1985 low price has been … Continue reading

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EURUSD: Follow Up of the Long Term EWP

On march 12 I updated the long term time frame scenario with 3 potential EWP I believe that the bullish Triangle wave (B) option is now the least likely option. I maintain the Double Zig Zag & the bearish Triangle … Continue reading

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EURUSD: Follow Up of the Long Term EWP

This is a brief update of the potential long term scenarios. On October 19 I posted 2 potential EWP: Double ZZ and a Bullish Triangle. Lets update both counts: 1.  Double ZZ: If this is the correct long-term count then … Continue reading

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EURUSD: Follow Up Of The Long Term Count

On Septenber 13 I posted a potential DZZ in progress. (similar to SPX) If the count is correct price is tracing the final wave (Y) = (abc) or (abcxabc) The extension targets  are = 1.2378; 1.0795; 0.8233 Today I add … Continue reading

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EURUSD: Update of Long Term count

Given the technical damage inflicted, price should have completed the corrective rally which began on June 2010. The corrective pattern can be labeled  a wave (X) like in the SPX wave structure. If the wave (X) is in place then … Continue reading

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Swiss Franc : A possible count

If tomorrow the weekly shooting star is confirmed then a potential top of a wave (3) should be in place. The wave (4) pull back could last 4-6 weeks The equity market will cheer this move

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USD Index (DX) Long and Short Term Scenario

In my opinion DX is tracing from the November 2008 top a large corrective wave (B) The wave (B) could be tracing a Triple ZZ (blue count) or an Ending Diagonal wave (C) (Black count).

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EURUSD Long and Short Term Scenario

My primary count calls for a potential large Double ZZ from the July 2008 Top If at the July 2008 we have a wave (A) top since then price has been tracing an ABC down which bottomed at the June … Continue reading

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