FOREX PRO WEEKLY June 23-27, 2014

[minimax]

eurusd

a word about it...

nice start down...BUT as long price will not be below, upside is not excluded...you see? PA stopped exactly on 50% of pink aF...count of surprise...so, IF again up, I am buying on break of 1,3650 last top..



ps
chartist lost some PA but does not matter

 

[Lolly Tripathy]

now GBP

 

[Lolly Tripathy]

& usdjpy

4hr time frame

 

[minimax]

nzdusd

PA made me to choose options..i am still bullish but with last high Shark for 5-0 could appeared so I think retrace in zone 0,8580-08497 follows..
if my bullish attitude is ok, 5-0 must not be formed, D must fail...



ps
i deleted first post because I attached wrong picture

 

[minimax]

gbpusd

Agree, upside is possible, as Kiwi already did...

I recognize both directions as long 1,70617 is in tact but I am more bearish...
Red option shows possible Flat developing but here one more spike above is not excluded, lets say as ED wave c...1,70617 should remain untouched...
Pink option..first this ought to be an impulse, 4th in place...I do not expect an impusle as 5th but ED..
In 22 minutes there is UK GDP...could shake...could change my mind about impulsive 5th?
Blue option set 3ED in place but then, as I said in one of previous posts, more sideways in next week is to expect...and goes nicely with red Flat...

 

[seedof]

sir Sive concerning the friday update for gbpusd i want to ask if the all time resistance around 1.7043 area should not be considered

 

[minimax]

usdcad

I see it ends more down...and 2 possible counts but I am more for TZZ so I expect retreat above 1,08133 and last wave c of 3rd ZZ down....
if pinkm option...then 5th can go lower.....
Most interesting will be below 1,06569 and more likely 1,06083..

 

[Sive Morten]

sir Sive concerning the friday update for gbpusd i want to ask if the all time resistance around 1.7043 area should not be considered

Hi Seedof,
you're right, we should consider it and we've talked about it in recent updates. But this is really big picture and +/-50 pips will not be significant. Market could fluctuate around this area in rather wide range.

 

[abdul2012]

Mr. Seedof

Hi
What would be the expectations for the eurusd for next week please ?
Thanks