Expecting one of terminating patterns probably like an ending diagonal before reversal. image

SPX and DAX - CFDs are the place to be

You could be right, hard to work out that corrective b wave. Anyway I've set a price alert as soon as it drops below a. image

USD/JPY Discussion

Here comes the real deal............. image

USD/JPY Discussion

This could well be a bull trap........ keeping an eye on the red arrow area..................patience is the word. image

SPX and DAX - CFDs are the place to be

One more leg down to go.......... image

SPX and DAX - CFDs are the place to be

The downward thrust from June 2014 high is typical of a trending Elliott Wave (3), with probable target towards 261% Fib ratio extension or shorter. And there will be a correction of wave (4) and the (5)th wave to go before a real long term bottom ...

Oil and Natural Gas

Possible long opportunity when this running correction [iv] (with an elongated wave b) terminates. image

SPX and DAX - CFDs are the place to be

Well done for the "long from Sunday". A leading diagonal [i] and the completed correction [ii] forms the invalidation point for the major advance which is slow but surely. image

EURNZD

Second chance to go long ? image An even clearer picture on a JPY cross pair: image

USD/JPY Discussion

I've got buy stops above to catch it rise.

CAD/CHF

The massive accumulation in the last 3 months is gearing up for an explosive breakout to the upside, it's just a matter of time. image

CAD/CHF

Completion of a running correction (iv) - going hard for the (v)th wave up, with a sl under c. Could do the same with any other JPY cross pairs. image

USD/JPY Discussion

Completion of the irregular correction. Going hard long with a sl under c. - good correlation with other JPY cross pairs ATM, could do the same with just about any of them. image

NZD/JPY

A typical irregular correction (iv) not much different from that of the text book. Question is, how much further down before the reversal for the 5th wave? image image

NZD/JPY

Definitely, there were trades between countries like USA & Australia and people do exchange currencies before the year 1966. I'm neither an economist nor a historian to concern about how the currencies come about. I'll leave that to you. I'm just a ...

AUD/USD

That's exactly what I mean. It can only be a reversal to the upside in the long time frame since the April 2001 low.

AUD/USD

url "The history of currency in Australia could be said to begin in 1800, when Governor Philip Gidley King issued a proclamation ..........................................."

AUD/USD

Correction [iv] might not have finished - still in the middle of a complex running (flat) correction, the extremity of wave (c) down is yet to come. image

GBP/JPY

Yes, looking at the Fib ratio of this (5)th wave up, there's plenty of life left for the upside. It may go either below or even above the top of (a) to complete the b wave of correction. image

CAD/JPY

Looking at the long term chart of AUDUSD - I rethink and it's hard to believe the PA from April 2001 low onward would be corrective (which would indicate price will resume down trend in the future taking AUDUSD further downunder towards zero). ...

AUD/USD