WTI Crude Oil is now starting wave Major-C-sub-c which is heading for 134.05 ( at 1st TP ) and maybe higher more later ( at 2nd TP: 152.81). Its correction wave Major-C-sub-b (with mini-ABCDE ) had already finished at 91.24. Therefore we will watch out a breakout of triangle (BP: approx. 110.00 ) Nikita FX ( climbingfx.jugem.jp )
EUR/JPY is now downward. It will soon breakdown through ex-wedge Formation ( ex-wedge bottom line & mid-term Wolfe line ) and reach at long-term Wolfe supporting line. Then it may recover upto mid-term Wolfe line and finally plunge into the Final ascending support line. Nikita FX ( climbingfx.jugem.jp )
EUR/USD's latest high at 1.39657 was almost same as its 66.6666% retracement of wave B-d (1.39730 ). Its breakout over long-term descending line ( pink line) looks like bullish, however it was only 3rd attempt so it will be failed. Comparing with my technical view of USD/CHF (published yesterday ), I think my long-term view of EUR/USD should be bearish after its...
USD/CHF is now finalizing its wave 5-sub-5 which will be truncated sometimes. I think its long-term wedge breakout will be in near future. The long-term uptrend target will be at 1.5395 Nikita FX ( climbingfx.jugem.jp )
Do you think USD/JPY's downward target had already met ? I don't think so. There are three reasons. 1. long-term triangle breakdown target: 68.70 has not yet done. 2. target after 4-Diagonal ABCDE correction: 71.76 (at least ) has not yet done. 3. downward wave trend is still in wave 4 as far as being under 111.57 And one more thing is that 3rd attempt (breakout...
As I mentioned before, USD/JPY is now finalizing wave B-E which could form RS of descending H&S pattern (around 102.56/60 ? ). Then it will breakdown through 100.75 as H&S neckline point. Its target will be 98.12 Nikita FX ( climbingfx.jugem.jp )
CHF/JPY has already done with its 2nd scary wedge recovery ? Major-ABC recovery correction after its wedge breakdown was finished ? If so, CHF/JPY is going down into 75.08 area. Well, I hope this is not a kind of wedge breakdown & recovery pattern.... However it looks like it..... Nikita FX ( climbingfx.jugem.jp )
EUR/JPY is also now underway of Category wave 4 unless 149.22 will be boroken. I think it will be sideways correction between long term descending Wolfe line (red line ) & long term ascending Wolfe line ( black line ) for a while. If USD/JPY is also now under Category wave 4, EUR/JPY will be down into Major-C bottom area. Nikita FX ( climbingfx.jugem.jp )
Unless 111.57 (bottom of wave 1 ) won't be broken, category wave 4 is going on. If 105.44 is capped, wave 5 will reach at 73.06. Time will tell...... This is an alternative wave counting at least.
NZD/JPY has already done with its exact recovery after wedge breakdown. Its wedge crossing point is exactly as same point of wedge recovery (89.91 ). Therefore secondary wedge breakdown is now going on. The target will be at 85.45. Nikita FX ( climbingfx.jugem.jp )
US leading company: FedEX will make its top-out Formation after this coming wave C-sub-4 correction (down to 113.71 ). The top-out area will be 146.29---150.25 ( as Major-C = Major-A ). Then it will be plunging into a total Fib. 38.2% correction area: 92.39 because of volume divergence. Therefore short term view is SHORT, and mid term view is LONG and long term...
Delta Air Lines has already finished its wave 3 after minor-ABCDE expanded correction of wave 3-sub-4. Then it looks like already starting wave 4 correction down (Fib. 38.2% usually) into 23.91 area. Its Final upward wave 5 will reach at 42.52=23.91 + (wave 3 ) x Fib. 61.8% Therefore short term view is SHORT, and a long-term view is still LONG. Nikita FX (...
NZD/USD is almost done with a Diagonal E correction, therefore its target will be 224 pips above E bottom. Which will be 0.8840 area I guess. Final upward wave 5 still is coming..... Nikita FX ( climbingfx.jugem.jp )
USD/JPY finally started rebounding as wave 4 (target: Fib.38.2% ret. 102.38) Then it will start declining as wave 5 later. Final wave 5 target is 100.64 at minimum. Nikita FX ( climbingfx.jugem.jp )
AUD/JPY is now in progress with Final top out formation (maybe wave 5 from 54.91:Oct. 2008). We will shortly see a minor correction down to 92.95/93.04 area. Then Final uptrend will be upto 105.54. Nikita FX ( climbingfx.jugem.jp )
AUD/USD is now making a Major-H&S right shoulder. Its target will be 0.9850/60 area. short-term wave B is coming soon. Then Final wave C leg up into H&S RS. I think the center-purple line (from 0.4822: 2001 Sep.) was cut into half of either way, however it won't be able to recover upto the center-purple line this time due to a strong resistance Wolfe line...
GBP/JPY is in the final stage of wave 4 which will be reaching at 181.50 (or maybe little bit lower than 180.00). I think Final wave 5 downtrend will be in the future (target: 114.35/50 ? ). Nikita FX ( climbingfx.jugem.jp )
This is a wave analysis of USD/JPY after Apr. NFP. Wave 3 category is still going on. Its bottom (as wave 3 ) will be at 100.64/65. Wave 4 will be coming after 100.64/65, and then Final wave 5 may be down into 99.50/80...... Nikita FX ( climbingfx.jugem.jp )