negarhii

negarhii

I know that this analysis would be somehow challenging and controversial one! Considering the US PMI and labour market data, I expect a corrective C wave which is probably the last correction of wave 2 of the major 5th wave. Remember that the bullish target for the final 5th wave is around 2400 and above. The invalidation level is specified on the chart!

negarhii

In order to complete a cycle of waves, the cable is probably going to touch the specified price levels.

negarhii

Base on technical and price momentum analysis, EURUSD is probably going to complete corrective ABC waves.

negarhii Updated 

Weakness can be seen in the bullish trend and price movement in comparison to the other bullish waves but I think USDJPY would complete its upward cycle due to the economic situation

negarhii

Gold is going to touch 1850 and 1830 before its mid-term bullish targets above 2000

negarhii

Considering Risk-off sentiment and the relation between NZD and AUD

negarhii

I suppose China's weak PMI data and lack of demand, would affect Australia's trade balance and tomorrow RBA will skip!