Wave 2]c) ended at 78.99 and jumped to 80.33. Three resistances ahead: MA(50) at 80.69. Resistance trend-line at 80.5. Previous low at 80.77. Note MACD and RSI BUY Signals. Next is: Very "Big M" versus "1]-2]-3]". Break of 80.77 low will be more bullish.
EUR/USD and $XEU fell from double measured moves. Is this the beginning of Wave III3]? Break of 1.345 top will tell. Note: MACD and RSI SELL Signals. MA(50) and supporting trend-line at 134.89 and 134.6 .
mu200411, What do you think about USD/JPY? seems like a 4th wave triangle is done and a 5th wave up has started. Here is another guy's analysis that has been spot on for months. He's thinking 110-125 is a target range just ahead. I know EW has multiple avenues, I'm curious if you may have another perspective or would you agree? http://majormarketmovements.com/yen/ TIA
Crude Oil fifth wave DOWN. Crude Oil is approaching $93 target, last low = $94.36 . Next target at MA(200), supporting trend-line and previous low = $91.62 . Note: RSI and MACD SELL Signals.
USD/JPY is currently in a triangle. May go UP to 100 then DOWN to 97. After that may go DOWN to 91 or UP to 105.5 .
Gold rebounded to but could not stay above MA(50), then fell to $1305.60 . Reverse Head and Shoulders pattern target = $1420 near MA(200). Head and Shoulders pattern and Wave IVc]5)3 target =$1190. Note: MACD SELL Signal.
This is my first post. I have attached an Elliott Wave count since 190, and in particular, since the 1932 bottom.