USDJPY daily chart Wave 4. Correction abc Price inside bearish channel Price still can test 110 at mid channel for a daily divergence and test of EMA(233)
SP500 weekly chart Fibonacci ratios Top price vs Initial move price Wave 3 topped at fibo 34, then correction was two levels down Wave 5 could repeat 13/2 ratio, and go two levels above wave 3 Also would have coincidence with fibo level 89
XAGUSD weekly chart EMA cross is bearish Silver is in correction wave 4 The correction is wedge pattern and could retest broken trendline at fibo 3 around $10
USDJPY daily chart EMA cross is bullish Price is inside a channel since 2012 when bull move started If DXY dollar index can still go higher, then USDJPY coud make a new high. We could be in wave (v), so looking for a 13/2 fibo ratio, the target would be the top of channel around 150 Inside the wave (v), we are in a correction. If the market turns bearish it...
DXY dollar index weekly chart EMA cross is bullish, the move up continues The top vs initial move, could reach a 13/3 fibo ratio as the previous wave c in 2000-2001 In stochastic price normalization it shows pattern of 1)correction 2) trendline break 3) dollar top If it repeats the top could be for may 2018
USDJPY 4hr chart EMA cross is bearish Wave 4 could extend to fibo 3 Need bullish EMA cross to go up
USDJPY daily chart Bullish case, retest of weekly trendline to complete wave (b)
USDMXN daily chart Still inside channel EMA cross still bullish Could reach $25, fibo 21
Silver daily chart Not very impulsive since december 2016 lows Maybe need a big divergence, wave e, that would be a dollar increase EMAs are together so there is no clear cross Critical level is wave 4 from previous impulse at $8.9 , 2008 lows, fibo 3
USDJPY Daily Ichimoku chart Cloud resistance 116.386 Cloud support 109.916 EMA cross Month - Bearish Week -Bullish Daily - Bullish 4hr - Bearish 1hr - Bearish 30m - Bearish 15m -Bearish
USDJPY 4 hr Possible 4hr bearish EMA cross Resistance is 114 1st target fibo 5 = 111.500 2nd target fibo 3 = 106.700
USDJPY month chart Price could touch resistance line again.
USDJPY 15 min chart Most bearish wave count Last impulse down this week was done in 5 waves, definitively was not a correction Correction finds resistance vs wave 4 of previous impulse wave Sell could accelerate below 112.5