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This is a paradoxical analysis of EUR/JPY. Parallel Wolfe Line B (which comes from 169.96 (2008.07/21w) parallels Wolfe Line A. What is Wolfe Line A ? Wolfe Line A: 164.53 (98.10/05w)--140.90 (03.05/26w)--137.84 (04.01/05w)--112.05 (09.01/19w)--97.02(12.01/16w) ---94.10 (12.07/23w ) I think Parallel Wolfe Line A & B is making a long term descending Channel so...

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This is my latest amended view of USD/JPY's wave pattern. Since 121.84 wave WXY had finished, and larger ABC started since 115.83. Since 122.02 wave larger B-ABCDE is progressing. It is now wave B-D. We will need wave E (Fib.61.8% at 119.09), and target of wave larger C will be at 119.09 + (vertical width of triangle at A bottom: 310 pips)=122.19 And later...

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EUR/JPY has done with its Fib.78.6% bearish butterfly (at 134.41). It will go down to Fib.38.2% ( 131.29). Nikita FX (climbingfx.jugem.jp )

nikitafx

USD/JPY has failed its H&S neckline breakdown which was already trial 4. Trial 4 Failure means a mid-term trend reversal. There are two supportive lines now: one is ex-broadening descending upper line second is H&S neckline. If it will break through minor-triangle cross point:119.90 (May 08), USD/JPY will be climbing more upward. Nikita FX (climbingfx.jugem.jp )

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EUR/JPY is much more powerful than my expectancy. I forgot to tell you breakout thru Yellow Zone means more bullish. it will reach at 133.48 (equal leg from breakout point thru Yellow Zone ). Nikita FX (climbingfx.jugem.jp )

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This is my counter scenario of EUR/USD. 5-sub-4-C was done last night. We will still have 5-sub-4-D, & E. And then Finally, 5-sub-5 is coming someday in June (which will go down a little bit lower than 5-sub-3 bottom) Well, even this wave 5 will be a positive Failure. Nikita FX (climbingfx.jugem.jp )

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USD Index breached upward trend line & Green Channel bottom line. And Yesterday short term supportive line was also broken down. If 4-A=4-C, or 4-C-a=4-C-c ,Crucial Support Zone (Pink one ) should be turning zone. If not, USD Index will turn its trend itself. I would say FOMC will breach down even Pink Zone......for the sake of US Equity. Nikita FX...

nikitafx

EUR/USD looks like a 5-sub-5 Failure and now we will face two inverted triangle breakout targets: (1) thru (2) Target (1): 1.1175 will be Alt. 5-sub-4, but target (2) will be no more 5-sub-4. Therefore we should admit EUR/USD has already done with its Major-C bottom and long term upward trend. Nikita FX (climbingfx.jugem.jp )

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EUR/JPY has successfully done with its breakout through Regression Channel (Green Zone ) again. According to my initial wedge Top target, it will go to 130.80, However it will plunge again down into the lower wedge bottom line if Regression upper line & Yellow Zone upper line cannot be supportive. Since 126.08, initial wave 5 (Major-3-(1)) has already been...

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This is my own prefereble wave counting of S&P500 which was referred to this analysis: static.safehaven.com (SafeHaven.com(4/27)) I would say Sell in May will be a part of broadening pattern of wave 5-(3)-2. The target of 2420 (Sep. or Oct. 2015) still won't be changed. Therefore Buy it at the bottom of 5-(3)-2-c Cf.: Nikita FX (climbingfx.jugem.jp )

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This is my latest wave counting of Delta Air Lines. Present wave is 5-(3)-1, still upward and its target of wave 5-(3)-5 will be at 67.65 (wave 5-(1) x 1.272 + bottom of 5-(2)-e ) Nikita FX (climbingfx.jugem.jp )

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This is my preferable wave counting of S&P 500 since 666.79(2009.03/06). Present wave is Y-5-(3)-3's beginning. The target of 5-(3)-3 will be Fib.161.8% projection of wave 5-(1) which is 2420.90 It seems to me Sell in May won't come. Let's see 2140 resistance breakout. Do you agree, or not ? Cf.: elliotwavetrader1.blogspot.com Nikita FX (climbingfx.jugem.jp )

nikitafx

EUR/JPY is now forming ascending wedge and its possible initial target is 130.80 (might be able to reach at 131.00) So Regression Channel already breakout, and Yellow Zone breakout: bullish recovery. However after reaching wedge Top, EUR/JPY needs Fib.38.2% retracement as wave 4 which will aim down to Regression Channel bottom line (129.00). Finally wave 5 is...

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CAD/JPY is still within Pink ascending Channel, and there is signal of weekly Alligator lines bottom out. It is already keeping above one of Black ascending trend line since 74.39 (12.05/28w), so CAD/JPY will be climbing very rapidly (maybe) in a couple of weeks. Initial target is 104.00. Final target (after huge triangle breakout) will be 120.50. Nikita FX...

nikitafx

As I described this with my last AUD/JPY's edition, H&S breakdown trial 4 would be a key. However it had failed and made two weeks rejection candles. And now it is standing above H&S neckline and also weekly Alligator middle line. As per my latest USD/JPY's view, this AUD/JPY's technical signal shows also bullish reversal. In addition to those, AUD/JPY looks like...

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This is modified wave analysis of USD/JPY which originally was given to us by CurrencyWaves (2014.12/05 & 12/12). I would say total wave 5 was a running way extension (due to BOJ's QE ) The latest high: 122.02 was top of wave 5-3-5. And now we will have a downward wave 5-4-abc ( c wave from 120.83 ) which will reach 117.14. The Final wave 5-5 is going to climb...

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My previous wedge Double Top & breakdown target was already met at 119.20. Fib. 161.8% extension of Small Pink wedge breakdown is to be 118.88 which nearly equals to 118.82 (lowest tonight ). Next week, we will have a wave 4 rebound up to 119.60 at maximum. And then Final downward wave will breakdown through H&S neckline. However A=C will work at most, the target...

nikitafx

I would have to change my view of EUR/JPY, if it will breach the Yellow Zone upper line. The very important thing is this currency pair is reflected with EUR/USD's higher climbing speed than USD/JPY's opposite one. Tonight's low was still above the Fib.38.2% (94.10--149.76) supportive level and it has already recovered above the Blue Resistance Line. 1...