About meFounder and CEO of The Chart Wizard, providing top quality Forex and Futures Markets Analysis and Trading Services. I'm a professional Forex trader, trading Forex for a living in the past 6 years.
while Silver is moving upwards it is forming a perfect Elliott Wave formation. According to my analysis, Silver is highly likely to end its corrective Wave no' 4, which would suggest the beginning of a new upside Wave no' 5. www.YouTube.com
The CAD/JPY is on the rise just as expected. The positive momentum has finally kicked in, and it is a good time to drag our StopLoss level further in the money and to the price level of 79.00. Stay tuned...
The AUD/JPY is going through a potential upside trend reversal. After the pair establlished itself above the major support of 75.41, chances are for a new upside movement. Price targets are at 79.72 and 84.50.
The NZD/CHF is sending a strong downside reversal signal. The breakdown below the trendline and the natural support of the Matrix at 0.6984 is our final confirmation for the continuation of this negative momentum.
The USD/CAD is moving south as expected. The negative momentum has escelated which allows me to replace StopLoss level to the level of entry price - 1.2963. Be aware of the local support at 1.2780. www.thechartwizard.com