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Usd Yen
Looking like End of a wave 5 .........
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Usd/Cad
Here is the update from Yesterday's post ...............
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After yesterday's strong break-out ,
- Price action now pulling back into a " End of wave 4 "
Here we go again..........
Price appears to be Pulling back into an " End of Wave 4 "
as illustrated in yesterday's chart update ..........
Here's Today's Update ..... Usd/Cad...
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USD/CAD..............
The USD-Canadian Dollar pair is posturing out of Multi-Year -lows .
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Again , the technicals are in control here ..........
The foundation was laid down last week from short-covering ......
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Talk about a market breaking out ............ This one is looking like a classic
This is a 10 year chart
Gbp/Usd
( Weekly bars) 5 Clear Waves
This is also a Longer-Term chart of the Gbp/Usd
There appears to be a massive Inverted Head and Shoulder Pattern in play
price has run right into major resistance earlier this week .....
( See Long term blue projection line )
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(Shorter-Term Gbp/Usd )
The Gbp/Usd took out a 618% line today ............
was this not significant ?
This is the type of line that many long traders would put thier protective stops !
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Usd/Gbp
Shorter-Term
Todays price decline looks like a and " End of Wave C " from this view...
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- A break below 0300 could lead to lower prices ............
Here is the Canadian Dollar Update for today
( We had a another spike overnight )
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