Thursday, November 6, 2014

EURUSD Ready For a bounce next week?

EURUSD Weekly Elliott Wave Count

EURUSD could be ready for a bounce next week as it approaches the end of a 5 wave move down.  The EURUSD is also approaching a weekly trend line the forms the bottom of the triangle shown on the chart.  I am still looking much lower long term after the wave two bounce over the coming weeks.

EURUSD Weekly Elliott Wave Chart

EURUSD Weekly Elliott Wave Chart

USDCHF Possible Short term Elliott Wave count

Possible short term Elliott Wave Count

1 HR Elliott Wave Chart

USDCHF Elliott Wave Count

USD/JPY Weekly Elliott Wave

USDJPY still looking higher over the coming weeks and month to the 2007 high of 124.00.

USDJPY Weekly Elliott Wave Chart

SDJPY Elliott Wave Chart