Again, with presence of 5th wave extension in wave (3), could see deep retracement in USDollar, correlating with USDxxx pairs ( USDCAD, USDJPY.....). Ref. MEW p.10-10. image

Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades

With present PA of a blue corrective wave (iv), USOil may see 56 level before resuming uptrend. image

Oil and Natural Gas

Yes, that was the technical EW view, let's see the fundamentals. Contemplating ............. image

USD/JPY Discussion

USDJPY sale of the year - out of corrective mode and reversing on an impulse wave (c) down. image url url

USD/JPY Discussion

Long waited advance is actually moving. image

EUR/AUD

You mean the short term long on dip of wave (ii) ? yes.

Dragon Riders GBP/JPY

Resort to counting minor waves and fib extension; and place price alert at 191.90. image

Dragon Riders GBP/JPY

Looks obvious it's pushing up for a final run, but how far up? image

Dragon Riders GBP/JPY

Potential retracement of a wave (c) towards 61.82%. image

EUR/GBP - What a great pair to trade!

Possible reversal near 0.7756. image

AUD/USD

image I think it's referring to these difficult 4th waves area throwing in bull traps or bear traps. Here, wave [iv] is still inplay & ready for the final push up, with USDollar pushing down. image image

Cable Update (GBPUSD)

Termination of a correction = Resumption of trend or the beginning of the next trending move. Here, wave (iv) correction is 'almost' complete, setting up for a (v) down. image

USD/CHF

With a huge expanding ending diagonal ( wave i overlapping iv ) wave (c), USOil may head down to 56 before resuming uptrend. image

Oil and Natural Gas

Wave (iv) correction is almost complete and ready to resume downtrend. image

USD/CAD

Very good link and info .

EUR/AUD

That's a good question! According to an EW guideline, wave (b) and therefore wave c would terminate bet. 101-138.2% of (a), but of course that's such a wide target range to be considered tradable. image So patience is required here and watch PA of ...

Dragon Riders GBP/JPY

A count of the very subtle minor waves indicates a typical flat a-b-c correction may have completed at 0.7927, just pasted target zone (pink) for a flat correction. Watching for the downside potential. image

AUD/USD

Yes, it's breaking out; while a (b) wave of a correction may also break out before reversing completely on a (c). Watching downside potential. image

Dragon Riders GBP/JPY

USOil is approaching requirement to sell just above 61.82% retracement of wave iii, for medium term short positions. image

Oil and Natural Gas

Very likely, . image

AUD/USD