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EURUSD - LONG
Still very messy price action. It headed down this past week following a test of that uptrending midline (red). I am expecting that prices should remain in a pretty unpredictable pattern for awhile and should see prices head up again and make a second test of that midline before finally falling to complete the wave B. Read my just released post on this pair: (F) EURUSD: Change In Outlook And Wave Count Shows More Bearishness (Free post. No subscription required)
USDCHF - SHORT
This past week saw this pair continue to make its way up towards the upper TL of that ExD completing the wave (b) and/or that leg D of the ExD. We are SHORT right now for a small retrace before another final leg up into that TL.
NZDUSD - NEUTRAL
This past week saw this pair continue the drop that was started the week before. This follow through is a good signal that that will be more downside to come. But there could be a retrace coming first.
GBPJPY - LONG
Last week saw this pair make some very significant price action that could be signaling a MAJOR shift in the trend. But we need to be careful in that although there was a strong signal, it could be a false one as if often the case when there is a MAJOR shift coming. We are currently LONG on this pair for another move higher. Read my SPECIAL REPORT and UPDATE on this pair for more details.
Get my SPECIAL REPORT on this pair: (P) GBPJPY Special Report: The Low Is Very Likely In! and the recently released SPECIAL REPORT Update: (P) GBPJPY ***SPECIAL REPORT*** Update: Don’t Be Impatient!
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