FOREX PRO WEEKLY June 09-13, 2014

[minimax]

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

take care...price could go into new high.oil will be most interesting if & when formation ends...drop could be enormous!!

 

[minimax]

Aussie Daily insight

audchf
Looks like this is 5 waves move, either wave a, or c which would end of iii..I expect retrace soon but I am not sure if only retrace but more or less I do.




audusd
W&R eliminated 3 of 5 options so 2 left and I think red one, down into cFlat will occure soon..will this leg unfold Running or Expanded Flat I can not say, I will have to follow development...price could go higher not canceling formation...
second option is blue...can not exclude it but then this last leg should be read different and this I can not...

 

[Lolly Tripathy]

EurUsd

 

[minimax]

Euro Daily insight

euraud
nothing important happened..i think we have another 100 pips to go lower before retrace into 4..




eurcad
for sure could have lots of bearish potential..other, hard to say, maybe some different shape of c leg insted of an impulse..patience..




eurgbp
worth to watch! I think should retrace very nicely, soon..




eurusd
I really can not read this whole move down as a motive wave so, I still expect move to 50% at least AND that 1,3501 holds..in case it will be broken situation changes totaly and I will drop into deep confusion...

 

[Venelin]

EurUsd
View attachment 15108

Hi Lolly, could be 4h time frame :
View attachment 15113

 

[minimax]

Cable Daily insight

gbpnzd
I really intended to follow kiwi at rate decision but forgot so Haka did what had to do...Have not changed bigger picture except count could now be also as single Flat with target just above last HH @1,99304..




gbpusd
I renain with shape but count is still under question...this conggestion is tricky! 1,69193 will tell the count! I expect 1,68439 should fall anyhow..

 

[minimax]

Dollar Daily insight

usdcad
also nice bearish potential..I like hidding in the shaddow of triangle, break below 1,08133 could mean that Converging ED is in play..




usdjpy
hmhm, why simple if complicated is possible? I will not be surprised with W&R and retrace to
102,45/60 before lower..

 

[minimax]

Sive, nice analysis & presentations!

Euro formed RRT but if it is broken it is Dead cat bounce, which is continuation pattern, so if price goes below current LL we should go lower..and looking on weekly we really might not come back soon only if there will be very fast moves up&down within one single, mostly 2 weekly candles..

My analysis of pairs with dollar all are at S/Rs, so I do not exclude to fulfill the retraces..

Good luck and happy trading!

 

[minimax]

Kiwi Daily insight

well, Haka rules!

Although such powerfull bullish move I am bearish, might be wrong but expect move into Y...

Good trading!

 

[minimax]

Gold Daily insight

This might be in play this week...if price manage to go above 1294 then this count changes but not neccessary mean canceling tof challenging low..

Good trading!