FOREX PRO WEEKLY July 07-11, 2014

[minimax]

gold

huh, a bit too etended move to expect appropriate plunge...we might get congestion here for a day or two and higher daily low swing, probably just below 1324,37...we will see..if high is in place at all? I think could be, c = 162% a in TZZ as I see it...

 

[minimax]

nzdusd

I expected this pull back yesterday but looks like today we get it..I think top of wave a at 0,87349 is target to hit but not below 0,87128...after I expect motive wave into y = 3ED on BIG TF..

 

[minimax]

usdjpy

..have changed count a little bit...

 

[minimax]

usdjpy

..target hit...i expect retrace to hit 101,6 and not much above..

 

[minimax]

gold

..as said I thought most probable pattern was ED...but I do not know for c=1ED (based on H4) or 1ED (based on Daily)..if I simplfy Daily count I could be veryvery bullish but based on H4 we are in retrace for 4ED, as Flat and I think as Flat corrective wave bF..if so, we should hit 50% at 1340 before lower and we might do this with lots of small swings on M30&15 as ED...we could start move down on Monday, Tuesday latest but later target would be higher, just to penetrate wave 1...
below 1334,42 we could already start move down as DZZ..

whenever Sive is talking about SG I become extraordinary careful and try to find appropriate pattern but today I can not...

 

[minimax]

usdcad

hehe, Loonie needed some time to lose ground for this retrace...

I think we are in 4th of cF as wave Y of BIGGER correction...



I hope Cable, Kiwi and Yen will follow..

 

[jerry4all]

hehe, Loonie needed some time to lose ground for this retrace...

I think we are in 4th of cF as wave Y of BIGGER correction...

View attachment 15692

I hope Cable, Kiwi and Yen will follow..

Hey Minimax, could you please share your thoughts on Cable, kiwi and Yen as mentioned. I'm thinking Kiwi should still make stretch up before retrace, Cable picture not very clear, though I think i see H&S on 1hr, and Waiting for a retrace on Yen before South continues.

What do say?...Thanks

 

[minimax]

Hey Minimax, could you please share your thoughts on Cable, kiwi and Yen as mentioned. I'm thinking Kiwi should still make stretch up before retrace, Cable picture not very clear, though I think i see H&S on 1hr, and Waiting for a retrace on Yen before South continues.

What do say?...Thanks

Just check my latest posts:
- usdjpy up 101,6 and down
- gbpusd down 1,7084 and up
- nzdusd down 0,8734 and up (this one has logest path)
- gold down 1324? and up

 

[minimax]

eurcad

..above 1,46377 could change weekly picture..should not touch 1,4726..

 

[minimax]

usoil

I think usoil is in PRZ and expect change of direction soon..