FOREX PRO WEEKLY June 09-13, 2014

[minimax]

audchf

I think pair is in PRZ..entered short..

Situation is a bit messy in this wave iii, looks like DZZ but we could be (!!) on the way to the top and to hit targets above 0,85

Good trading!



ps
H4 TF but same picture as in last post about audchf

ps2
we also couls topped and will not go above 0,85...this mess could make this thought true

 

[minimax]

usdjpy

drop started but pattern is messy on H4..if my count and expectation are ok move should unfold in ZZ familly pattern, double or tripple..if I count as simple as possible we are in first ZZ, close to target..there we might get a retrace but we also might proceed to 50% or lower...to soon to long...if at all? Tricky count is Diverging Leading diagonal as wave a...mess!
this mess also could mean that totaly another count is in play,like CT wave b and we are D wave but it is much too soon to talk about although this current choppy leg down could talk about it?
whatever, I still expect low below 100,747 before higher..

Good trading!

 

[minimax]

audusd

I think we might turn down here..as seen my count is Flat correction for wave 2ED and most common target of 5th wave cF is hit..

Good trading!

 

[minimax]

eurgbp

I think really nice PRZ..if my count is ok, we hit ab=c, ZZ with 2 equal legs,as to my count this could be zone of bFlat bottom..price could drop a bit so worth to watch if turn will start or what..

Good trading!

 

[minimax]

nzdusd

Nice agreement of 127 extension and 62 expansion, so, if there will not be not strenght in kiwi to go further due North I am expecting retrace in zone 0,8470, currently below last low..atm I have no reliable count but in any case expect move up...patience....

 

[gpeter991]

anyone eager to look at crude oil?

 

[minimax]

crude oil brent

I think 112,21 will hold for longer time...
I see move as ZZ correction, waves a&b in place, wave c is developing as Diverging Ending diagonal, waves 1&2 in place, 3rd wave seems to develop as DZZ so current might be in place as ZZ, follows retrace and then second ZZ....and so on....

Hope you understand my picture, if not, not hesitate to ask..

 

[minimax]

Maori Haka

Forgot on kiwi announcement!

Maori Haka

 

[Lolly Tripathy]

hi sive sir
is it a good idea to take short after rate hike???
gartly222

 

[gpeter991]

that is what I thought about a soon retrace to 102 and than further to 112. Thank you Minimax. Always tracking your charts with pleasure. Cheers