Tomorrow, if all is good, long USDCAD, S/L below 1.27.
See my chart on GBPUSD published earlier
Short once wave E is complete and downtrend resumes. Hold till 1.17..1.19. This is becoming serious.
CNY is clearly about to crash. 10% target is on the chart, but this can easily become 20%, because this is what other currencies are going to do vs the dollar. I don't think markets have any idea about what's going to happen in the next 2-3 months. A crash in CNY, likely a decline in Treasuries by 10-20%, SPX at 1600, EURUSD at 0.90..0.95, Crude back to below...
2160 for w1, then 1600. Judging by the timings in USDJPY - still possible to complete this year.
EURJPY needs to reverse soon too, it's more stubborn.
103 is realistic in Dec-Feb.
All equities in the world are on the verge of collapse (just waiting for the treasury yields to spike a bit higher in order to ignite the repricing process). DB is no different from the rest of the stocks. Trouble ahead?
targeting 100...103 now. Note that the decline in USDJPY should go together with the sell-off in EUR and other currencies. So, shorting EURJPY is the best deal.
TLT (20-year notes) should go below 100. This means the yield in 10-year notes can reach 3% vs 2.1% today.
In line with the sell-off in EUR.
The clearest signal of all, showing that currencies have a big move to the downside ahead. GBP helped calculate targets for EUR through EURGBP. In turn, EURJPY targets were derived from EUR.
Targeting 0.8 or lower. In line with the forecast for EUR.
Targets should be below 100. Expect an ABC move. In line with the forecast for EUR.
0.8944 is the target, October 30 completion date. A thermonuclear move is in the cards.
We have DXY uptrend, but on top of that we have EUR downtrend vs GBP and JPY. This means EUR will be the fastest falling currency in the next 6 months.
An ABC correction is very likely over. Note also that Crude is about to finish a giant triangle, so both moves in CAD and Crude should happen together.
Gold continues to develop wave B of a flat correction, targeting 1067.