Introduction
For those traders who want to open short-term positions in favor of the dollar the levels are marked on the 120min carts (crimson dashed line). Breakout of these levels once the current impulse is completed may signify the beginning of correction forming.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061101081934.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend may be assuming the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three is possible, especially as the price is approaching the lower edge of wave X range.
In the mid-term perspective downtrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061101082053.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be almost completed.
In the short-term plan supposed correction (ii) is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061101082139.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may be assuming the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the extended correction is possible, especially as the price is approaching the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061101082220.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be almost completed.
In the short-term plan supposed correction (ii) is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061101082305.gif
Figure 5. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may be assuming the shape of the impulse.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible, especially as the price has approached the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061101082345.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be almost completed.
In the short-term plan supposed correction (ii) is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061101082429.gif
Figure 7. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
In the mid-term perspective downtrend forming is supposed to continue after expected correction and confirmation of wave B or X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061101082511.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse v is supposed to be almost completed.
In the short-term plan supposed correction (iv) is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 1, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
In one of my previous reports I've mentioned that the depth and length of the begun correction would help to specify further scenario of currencies movement and adjust wave counting. Really, shallow correction with following short impulse against the dollar may turn easily supposed impulse (i)? into a zigzag corrective construction and resulting from it further forming of wave X (refer to the alternate counting on the charts).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061102073804.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend may have assumed the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three is possible, especially as the price is approaching the lower edge of wave X range.
In the mid-term perspective downtrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061102073846.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently inversed pattern “Head and Shoulders” with the minimum target at 1.25 is forming.
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061102073929.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible, especially as the price is approaching the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061102074009.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently “Head and Shoulders” pattern with the minimum target at 1.27 is forming.
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061102074052.gif
Figure 5. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible, especially as the price has approached the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061102074133.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently “Head and Shoulders” pattern with the minimum target at 1.90 is forming.
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061102074216.gif
Figure 7. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
In the mid-term perspective downtrend forming is supposed to continue after expected correction and confirmation of wave **B or X* completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061102074256.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse v is supposed to be completed.
In the short-term plan supposed correction (iv) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 2, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
The depth and length of the begun correction will help to specify further scenario of currencies movement and adjust wave counting. Really, shallow correction with following short price thrust against the dollar may turn easily supposed impulse (i)? into a zigzag corrective construction and resulting from it further forming of wave X (refer to the alternate wave counting on the charts).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061103081802.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend may have assumed the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three is possible, especially as the price is approaching the lower edge of wave X range.
In the mid-term perspective downtrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061103081850.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently inversed pattern “Head and Shoulders” with the minimum target at 1.25 is forming (red-yellow ellipse).
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061103081931.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible, especially as the price is approaching the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061103082014.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently “Head and Shoulders” pattern with the minimum target at 1.27 is forming (red-yellow ellipse).
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061103082107.gif
Figure 5. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible, especially as the price has approached the upper horizontal edge of wave X range.
In the mid-term perspective uptrend is supposed to form after urgent correction and confirmation of wave X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061103082156.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse of v is supposed to be completed. From the point of view of technical analysis currently “Head and Shoulders” pattern with the minimum target at 1.90 is forming (red-yellow ellipse).
In the short-term plan supposed correction (ii) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061103082252.gif
Figure 7. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
In the mid-term perspective downtrend forming is supposed to continue after expected correction and confirmation of wave B or X completion. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061103082332.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Impulse v is supposed to be completed.
In the short-term plan supposed correction (iv) is expected to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 3, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
The depth and length of the begun correction will help to specify further scenario of currencies movement and adjust wave counting. Shallow correction with following short price thrust against the dollar may turn easily supposed impulse (i)? into a zigzag corrective construction and resulting from it further forming of wave X (refer to the alternate wave counting on the charts).
It is high time for traders, who opened short-term positions in favor of the dollar (refer to Daily-011106, Daily-021106, Daily-031106), to think of their closing.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061106075852.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three pattern is possible.
Price has approached the upper edge of the alternate channel, RSI has reached its resistance level. Reversal and price fall to 1.24 are highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061106075937.gif
Figure 2. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
Price has approached the lower edge of the alternate channel, RSI has reached its resistance level. Reversal and price rise to 1.28 are highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061106080019.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
Price has approached the lower edge of the alternate channel, RSI has reached its resistance level. Reversal and price rise to 1.91 are highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061106080108.gif
Figure 4. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
Price has approached the upper edge of the alternate channel, RSI has reached its resistance level. Reversal and price fall to 116 are highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 6, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Price may have preferred one of the alternate variants (refer to Check point. USD fall may continue till May 2007). We should keep watch over the trend of events at the moment, the main variant is not canceled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061107084656.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three pattern is possible.
Price reversed at the upper edge of the alternate channel. It is highly probable that price will fall to 1.24 and further.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061107084742.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may have started forming of a new downtrend.
In the short-term plan downtrend forming is expected to continue, wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061107084830.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
Price reversed at the lower edge of the alternate channel. It is highly probable that price will rise to 1.28 and further.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061107084952.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may have started to form new uptrend.
In the short-term plan uptrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061107085037.gif
Figure 5. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to another alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
Price reversed at the lower edge of the alternate channel. It is highly probable that price will rise to 1.91 and further.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061107085122.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may have started to form new uptrend.
In the short-term plan uptrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061107085207.gif
Figure 7. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
Price reversed at the upper edge of the alternate channel. It is highly probable that price will fall to 116 and further.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061107085249.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Frankly speaking, such deep retracements are not typical of the impulse. Price may have begun to form a new downtrend.
In the short-term plan downtrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 7, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Within the last two days short impulse against the dollar formed on the described pairs, it completed yesterday by 18:30 (Moscow time). Its ending may be the top of the second wave of the extended correction of the alternate scenario. Thus, nearest reversal of the mid-term trend in favor of the dollar is possible. Though there is no unity even between the four described pairs, as some of them formed not full but truncated structures.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061108083831.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend has assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three pattern is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061108083917.gif
Figure 2. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061108084005.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061108084058.gif
Figure 4. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave B development in the shape of the double zigzag is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 8, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
The variant with the truncated ending of wave of the alternate scenario was described yesterday (refer to Daily-081106). Though the main variant, under which the second wave may keep forming in the shape of the (extended) flat, is not cancelled yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061109085731.gif
Figure 1. Wave counting on 480 min chart.
Final downward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of downtrend has assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of the triple three pattern is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061109085812.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may keep forming wave (ii) in the shape of the flat.
In the short-term plan downtrend forming is expected to continue, wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061109085858.gif
Figure 3. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the wedge.
According to possible alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061109085944.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may keep forming wave (ii) in the shape of the flat.
In the short-term plan uptrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061109090029.gif
Figure 5. Wave counting on 480 min chart.
Final upward wave Z is supposed to be forming, it may assume the shape of the zigzag. The first wave (i) of uptrend may have assumed the shape of the impulse.
According to the alternate variant, described in article Check point. USD fall may continue till May 2007, nearest continuation of corrective wave X development in the shape of some extended correction is possible.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061109090123.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Price may keep forming wave (ii) in the shape of the flat.
In the short-term plan uptrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061109090204.gif
Figure 7. Wave counting on 480 min chart.
Downward wave C or Y is supposed to be forming. Expected movement of the European currencies may be specified as an impulsive one, whereas JPY downward movement is still possible both in the shape of the impulse and of some diagonal structure.
Price reversed at the upper edge of the channel. It is highly probable that price will fall to 116 and further.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061109090244.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Frankly speaking, such deep retracements are not typical of the impulse.
In the short-term plan downtrend is supposed to keep forming. Wave picture is expected to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 9, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
It is high time for the traders, which have opened short-term positions against the dollar (refer to Daily-091106), to close them and think of new mid-term positions in favor of the dollar, as the scale is being weighted gradually on behalf of the alternate scenarios, described in details in article Check point. USD fall may continue till May 2007 and Monthly-1106.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061110085049.gif
Figure 1. Wave counting on 480 min chart.
Price has almost reached the lower edge of supposed corrective wave X channel. It is highly probable that in the mid-term perspective it reverses in favor of the dollar and forms the triple three pattern.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061110085144.gif
Figure 2. Wave counting on 480 min chart.
Price has almost reached the level of the previous high , having formed a narrowing channel, characteristic of horizontal triangles. Its mid-term reverse in favor of the dollar is highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061110085232.gif
Figure 3. Wave counting on 480 min chart.
Price has almost reached the level of the previous high , having formed a narrowing channel, characteristic of horizontal barrier triangles. In case price exceeds this level, skewed triangle forming is possible. Mid-term trend reverse in favor of the dollar is highly probable at the moment.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061110085315.gif
Figure 4. Wave counting on 480 min chart.
Price is at the lower edge of the trend channel of the alternate scenario. Its mid-term reverse in favor of the dollar and further forming of wave B in the shape of the double three pattern are highly probable.
In the mid-term perspective confirmation of either the main scenario or the alternate one is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 10, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061113083151.gif
Figure 1. Wave counting on 480 min chart.
Price has almost reached the lower edge of supposed corrective wave X channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the triple three.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061113083304.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective forming of the trend upward reversal is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061113083346.gif
Figure 3. Wave counting on 480 min chart.
Price has almost reached the level of the previous high , having formed a narrowing channel, characteristic of horizontal triangles. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the horizontal extended correction.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061113083426.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective forming of the trend downward reversal is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061113083513.gif
Figure 5. Wave counting on 480 min chart.
Price has overpassed the level of the previous high , having formed a narrowing channel, characteristic of skewed triangles. Its mid-term reversal in favor of the dollar and further forming of wave X in the shape of the horizontal extended correction is highly probable.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061113083556.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective forming of the trend downward reversal is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061113083648.gif
Figure 7. Wave counting on 480 min chart.
Price has almost reached the lower edge of the supposed corrective wave B channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave B will keep forming in the shape of the double zigzag.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/061
Introduction
Price has only begun to move in the expected direction and this scenario is not confirmed yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061114083048.gif
Figure 1. Wave counting on 480 min chart.
Price has almost reached the lower edge of supposed corrective wave X channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the triple three.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061114083356.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective uptrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061114083501.gif
Figure 3. Wave counting on 480 min chart.
Price has almost reached the level of the previous high , having formed a narrowing channel, characteristic of horizontal triangles. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the horizontal extended correction.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061114083545.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective downtrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061114083635.gif
Figure 5. Wave counting on 480 min chart.
Price has overpassed the level of the previous high , having formed a narrowing channel, characteristic of skewed triangles. Its mid-term reversal in favor of the dollar and further forming of wave X in the shape of the horizontal extended correction is highly probable.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061114083726.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective downtrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061114083825.gif
Figure 7. Wave counting on 480 min chart.
Price has almost reached the lower edge of the supposed corrective wave B channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave B will keep forming in the shape of the double zigzag.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061114083914.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective uptrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 14, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
Price has only begun to move in the expected direction and this scenario is not confirmed yet.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061115084257.gif
Figure 1. Wave counting on 480 min chart.
Price has almost reached the lower edge of supposed corrective wave X channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the triple three.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061115084352.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective uptrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061115084441.gif
Figure 3. Wave counting on 480 min chart.
Price has almost reached the level of the previous high , having formed a narrowing channel, characteristic of horizontal triangles. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave X will keep forming in the shape of the horizontal extended correction.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061115084524.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective downtrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061115084611.gif
Figure 5. Wave counting on 480 min chart.
Price has overpassed the level of the previous high , having formed a narrowing channel, characteristic of skewed triangles. Its mid-term reversal in favor of the dollar and further forming of wave X in the shape of the horizontal extended correction is highly probable.
In the mid-term perspective downtrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061115084701.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective downtrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061115084755.gif
Figure 7. Wave counting on 480 min chart.
Price has almost reached the lower edge of the supposed corrective wave B channel. It is highly probable that in the mid-term perspective it will reverse in favor of the dollar and wave B will keep forming in the shape of the double zigzag.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061115084839.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective uptrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 15, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061116084222.gif
Figure 1. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the triple three. Ending of the second wave is the critical level.
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061116084312.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Upward movement may continue in the zigzag mode.
In the short-term perspective uptrend is expected to continue once supposed wave (x) is formed. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061116084359.gif
Figure 3. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the horizontal triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061116084446.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Downward movement may continue in the zigzag mode.
In the short-term perspective downtrend is expected to continue once supposed wave (x) is formed. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061116084529.gif
Figure 5. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the skewed triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061116084612.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Downward movement may continue in the zigzag mode.
In the short-term perspective downtrend is expected to continue once supposed wave (x) is formed. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061116084655.gif
Figure 7. Wave counting on 480 min chart.
Price has been fluctuating within the horizontal channel between 117.00-118.50 for more then a week, increasing possible variants of wave counting and not giving a univocal confirmation of uptrend beginning.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061116084733.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective uptrend confirmation is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 16, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061117082153.gif
Figure 1. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the triple three. Ending of the second wave is the critical level.
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061117082242.gif
Figure 2. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the horizontal triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061117082326.gif
Figure 3. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the skewed triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061117082407.gif
Figure 4. Wave counting on 480 min chart.
Price has been fluctuating within the horizontal channel between 117.00-118.50 for more than a week, increasing possible variants of wave counting marking and not giving a univocal confirmation of uptrend beginning.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 17, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Introduction
It is high time for traders, who have not opened mid-term positions in favor of the dollar (refer to Daily-131106 and Daily-141106), to open them now.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061120073409.gif
Figure 1. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the triple three. Ending of the second wave is the critical level.
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061120073453.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Uptrend may keep forming in the zigzag mode.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061120073534.gif
Figure 3. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the horizontal triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061120073615.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Downtrend may keep forming in the zigzag mode.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061120073701.gif
Figure 5. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the skewed triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061120073745.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Downtrend may keep forming in the zigzag mode.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061120073831.gif
Figure 7. Wave counting on 480 min chart.
Price has been fluctuating within the horizontal channel between 117.00-118.50 for more than a week, increasing possible variants of wave counting marking and not giving a univocal confirmation of uptrend beginning.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061120073914.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 20, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061121082409.gif
Figure 1. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the triple three. Ending of the second wave is the critical level.
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061121082515.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (x) is supposed to be completed. Uptrend may keep forming in the zigzag mode.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061121082602.gif
Figure 3. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the horizontal triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061121082647.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (x) is supposed to be completed. Downtrend may keep forming in the zigzag mode.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061121082731.gif
Figure 5. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the skewed triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061121082811.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Downtrend may keep forming in the zigzag mode.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061121082855.gif
Figure 7. Wave counting on 480 min chart.
Price has been fluctuating within the horizontal channel between 117.00-118.50 for more than a week, increasing possible variants of wave counting marking and not giving a univocal confirmation of uptrend beginning.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061121082940.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. 118.50 barrier has not been broken yet.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 21, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Announcement
1. In connection with preparation and holding of the third international exhibition ForexExpo-2006, release of Daily Wave Analysis will continue next week.
2. I am glad to tell you that on November 25, 2006 at 11:00 (Moscow time) at the third international exhibition ForexExpo-2006 my book Elliott's Code: Wave Analysis of the FOREX Market will be presented (refer to Schedule of Presentations and Master Classes). I will review my book there, but most of time will be devoted to consideration of the methods of market movements projections. Admission free.
Note. Time of the presentation beginning is better to be specified on Alpari's stand.
Here are some extracts from handouts:
http://www.alpari-forex.com/files/0611/061122075942.jpg
The book represents an expanded reference book on Elliott's Wave Principle (EWP) and its practical application in the Forex market. Not only the elements of wave construction and edifice of their labeling, but also the most complete catalogue of wave patterns with a full description of their features and characteristics are described in the book.
Besides well-known classical materials the catalogue of wave patterns includes: [*]new features and characteristics of already known patterns;[*]new varieties of corrective patterns;[*]new classification of corrective patterns not only by their inner wave structure but by their tasks as well.Special attention in the book is given to the most complicated group of patterns, extended corrections. Not only the difference in their features is described, but also their general unique characteristics are given for the first time in wave analysis.
The necessary set of instruments for a waver and main methods to project price movement and reversal points of the wave patterns are given in the book. Application of this set of aids in the real market is considered in details in practical examples.
True proportions of wave patterns are given in almost every chart of the book to demonstrate compliance of calculated waves correlation with real values. With this purpose author's system of waves proportion labeling is introduced, with the help of it one can get a clear image of a pattern inner waves correlation simultaneously by three main methods of calculations, given in the book.
In addition to the basic theoretical material on Elliott Wave Principal general List of rules and instructions for wave patterns is given. In the final part of the book under the title “Theory and Reality” possible exceptions to the rules of the wave patterning are given, that is the main wave abnormalities, which may be met in the real FOREX, are discussed.
The most distinctive feature of this book on wave analysis is that the material is based on real examples, rather than on schematic wave patterns, that makes it easy to change from studying of theory to individual practical work.
The book Elliott's Code: Wave Analysis of the FOREX Market is meant for analytics and traders, who are interested in Elliott's principal and financial markets forecasting on the basis of wave analysis.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061122080040.gif
Figure 1. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the triple three. Ending of the second wave is the critical level.
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061122080122.gif
Figure 2. Wave counting on 120 min chart.
Price has chosen the alternate scenario, marked grey in the previous reports. One of possible variants of wave counting is given in the chart. Wave (x) is supposed to be almost completed.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061122080204.gif
Figure 3. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the horizontal triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061122080249.gif
Figure 4. Wave counting on 120 min chart.
Price has chosen the alternate scenario, marked grey in the previous reports. One of possible variants of wave counting is given in the chart. Wave (x) is supposed to be almost completed.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061122080333.gif
Figure 5. Wave counting on 480 min chart.
It is possible that mid-term reverse in favor of the dollar has already happened, wave X keeps forming in the shape of the skewed triangle. Ending of wave is the critical level.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061122080413.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. The upper edge of the diagonal triangle has been broken, as it often happens with contracting patterns. Downtrend may continue in the zigzag mode.
In the short-term plan downtrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061122080456.gif
Figure 7. Wave counting on 480 min chart.
Price has been fluctuating within the horizontal channel between 117.00-118.50 for more than a week, increasing possible variants of wave counting marking and not giving a univocal confirmation of uptrend beginning.
In the mid-term perspective uptrend is expected to form. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061122080546.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. 118.50 barrier has not been broken yet.
In the short-term plan uptrend is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 22, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
Survey on the methods of market movement projection, considered at the presentation, will be available at Alpari's web-site in the nearest future.
EUR/JPY Summary
EUR/JPY forecast was released on July 3, 2004 (refer to Figure 2 in Possible 20-figure trade) (in Russian).
http://www.alpari-forex.com/files/0611/061128093612.gif
After almost 2.5 years price reached projected 152.50. The forecast has been fulfilled.
Introduction
Possible movement scenario was described in details in article Check point. USD fall may continue till May 2007 and Monthly-1106, though for the past few days I have been interested in the alternate scenario.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061128093708.gif
Figure 1. Wave counting on 480 min chart.
Downtrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 2 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061128093757.gif
Figure 2. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061128093837.gif
Figure 3. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 4 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061128093918.gif
Figure 4. Wave counting on 480 min chart.
Downward fifth wave (v) may assume the shape of the extension. Though it may be the first wave (i) of a larger downward impulse, which is forming, or some diagonal construction.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 28, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Summary on “Head-and-Shoulders” forming
In article Possible nearest perspectives of the main currency pairs on April 10, 2006 it was supposed that some currency pairs would form a reversal pattern “Head-and-Shoulders”. It may be stated at the moment that they have reached not only their minimum, but the maximum targets as well.
http://www.alpari-forex.com/files/0611/061129083146.gif
Figure v1. GBP execution of the classical technical analysis pattern “Head-and-Shoulders”.
For example, GBP was the last one, that reached its maximum projected target at 1.95 in 7.5 months once the forecast had been released (refer to Figure v1).
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061129083244.gif
Figure 1. Wave counting on 480 min chart.
Downtrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061129083323.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061129083411.gif
Figure 3. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061129083453.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061129083545.gif
Figure 5. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061129083624.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be forming in the shape of the nine-wave impulse.
In the short-term perspective uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061129083703.gif
Figure 7. Wave counting on 480 min chart.
Downward fifth wave (v) may assume the shape of the extension. Though it may be the first wave (i) of a larger downward impulse, which is forming, or some diagonal construction.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061129083743.gif
Figure 8. Wave counting on 120 min chart.
Two possible variants of wave counting are given in the chart.
In the short-term perspective downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 29, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
December wave analysis will be released at the beginning of the next week as the next month begins this Friday.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061130082847.gif
Figure 1. Wave counting on 480 min chart.
Downtrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0611/061130082932.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061130083029.gif
Figure 3. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0611/061130083111.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061130083206.gif
Figure 5. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple).
In the mid-term perspective uptrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0611/061130083245.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be forming in the shape of the nine-wave impulse.
In the short-term perspective uptrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0611/061130083328.gif
Figure 7. Wave counting on 480 min chart.
Downward fifth wave (v) may assume the shape of the extension. Though it may be the first wave (i) of a larger downward impulse, which is forming, or some diagonal construction.
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0611/061130083411.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart.
In the short-term perspective downtrend is supposed to continue. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comNovember 30, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd
Preview
December wave analysis will be released at the beginning of the next week as the next month begins this Friday.
Note
[*]Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.[*]The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.[*]Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.[*]It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.[*]Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.[*]Survey wave counting, alternate variants and possible schematic price movements are given in:[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]Annual-06[*]Monthly Wave Analysis, November, 2006
1. USD/CHF
For CHF survey wave counting refer to Monthly-1106 and article Check point. USD fall may continue till May 2007. Refer to Figure 1 for the wave counting draft for this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061201083238.gif
Figure 1. Wave counting on 480 min chart.
Downtrend may assume the shape of the zigzag (ordinary or double/triple). Wedge (a) length is taken as a fixed reference, projection method is trend-to-trend (refer to Methods of Price Movement Projection (EWA) (in Russian)).
In the mid-term perspective zigzag (a)-(b)-(c) completion is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
http://www.alpari-forex.com/files/0612/061201084022.gif
Figure 2. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective wave (c) completion is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
For EUR survey wave counting refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 3 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061201084108.gif
Figure 3. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple). Wedge (a) length is taken as a fixed reference, projection method is trend-to-trend (refer to Methods of Price Movement Projection (EWA) (in Russian)).
In the mid-term perspective zigzag (a)-(b)-(c) completion is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
http://www.alpari-forex.com/files/0612/061201084153.gif
Figure 4. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be almost completed.
In the short-term perspective wave (c) completion is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 5 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061201084244.gif
Figure 5. Wave counting on 480 min chart.
Uptrend may assume the shape of the zigzag (ordinary or double/triple). Impulse (a) length is taken as a fixed reference, projection method is trend-to-trend (refer to Methods of Price Movement Projection (EWA) (in Russian)).
In the mid-term perspective zigzag (a)-(b)-(c) completion is expected. Wave picture is supposed to become clearer. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
http://www.alpari-forex.com/files/0612/061201084328.gif
Figure 6. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. Wave (c) is supposed to be forming in the shape of the nine-wave impulse.
In the short-term perspective wave (c) completion is expected. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly-1106, Check point. USD fall may continue till May 2007. Refer to Figure 7 for the wave counting draft of this currency on 480 min chart.
http://www.alpari-forex.com/files/0612/061201084418.gif
Figure 7. Wave counting on 480 min chart.
The first wave (i) of a larger downward impulse, or some diagonal construction, may be forming. The distance from the beginning of the impulse to its third wave (iii) ending is taken as a fixed reference, R.Balan's Fifth Measurement Method" (refer to Methods of Price Movement Projection (EWA) (in Russian)).
In the mid-term perspective downtrend forming is expected to continue. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
http://www.alpari-forex.com/files/0612/061201084501.gif
Figure 8. Wave counting on 120 min chart.
One of possible variants of wave counting is given in the chart. The forth waves of impulse (iv) and iv are taken as fixed references, projection method is correction-trend (refer to Methods of Price Movement Projection (EWA) (in Russian)).
In the short-term perspective impulse (v) is supposed to complete. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
[*]Imaginary Skewer[*]Project Targets for 2006-2007, USDJPY (Wave Analysis)[*]CAD possible perspectives till 2008 and further (EWA of USD/CAD)[*]Japanese Triangles (EWA of EUR/JPY & GBP/JPY[*]Possible nearest perspectives of the main currency pairs (EWA)[*]Two possible fourth waves till the mid of June (EWA)[*]USD/CAD fall may complete with an extension[*]Possible scenarios of USD strengthening (EWA of CHF, EUR, GBP, JPY, CAD)[*]Check point. USD fall may continue till May 2007[*]FOREX forecast, 2006[*]Monthly Wave Analysis, November 2006[*]Wave Counting Marking[*]Wave analysisDmitry Voznuy
forDmitry@yahoo.comDecember 1, 2006The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd