EUR/JPY has finished its wave 4-(D ) at 144.21. Before entering into next Big wave (5 ), we should see minor wave 4-(E ) declining. Wave 4-(E ) target will be at: 141.83 (Fib. 23.6%) or 139.17 (Fib. 50%) Final wave (5 ) will be climbing far up to 167.63---170.29 Nikita FX (climbingfx.jugem.jp )
This is another technical version regarding USD/JPY's NFP reaction regularity. 115.52 Top was exactly same point of Flag breakout target which I mentioned before. So the latest consolidation will be down to Flag upper line (113 55/66: see point (S )) usually. However deeper consolidation down to Black line won't be ruled out (see point (P ): which is 110.60 as...
USD/JPY has been keeping its funny NFP reaction regularity in 2014 (except only Feb.). Each NFP accelerated declining consolidation. These 9 months NFP's had 243 pips declining in average. So Nov. 07 NFP's correction will be down to 113.15 at least, however this time was after major-Pink ascending line which has 1040 pips (biggest in 2014) and 460 or 471 pips...
After NFP today, USD/JPY started its wave 4 correction. I think a Breakdown was not a Fake pattern, so it will be declining more down to Fib.161.8% projection of initial drop (115.52 thru 114.05) at 113.13/21. (possible weakness more down to the Pink zone is not ruled out....) If the Pink zone will be breached, a big plunge will be coming down to 110.55/60 in the...
First of all, (1), (2), (3),(4), and (5) wave counting is not appropriate because wave (5 ) is already exceeded its length of wave (3): which should be at 113.67 at maximum. Therefore I concluded this type of wave is major-(A), (B), and (C) If major-(C) is 1.272 expansion of wave major-(A), major-(C) top will be at 116.42 And also Blue line is major-trend upper...
USD/JPY is now on wave 3-sub-3-4 declining down to 113.13 (Fib. 23.6%) TP of next wave 3-sub-3-5 will be at 117.60 Nikita FX (climbingfx.jugem.jp )
AUD/JPY is now on wave 3-sub-4 which will be at 97.56 (Fib. 38.2%) If it holds at the level, next 3-sub-5 will be like these: TP : 97.56 + (99.70-94.11:wave 3-sub-3) x Fib. 61.8%=101.01 Therefore there is still risk of being downward....
This is an updated wave image of USD/JPY. One more dip (E-wave ) will be coming soon. Nikita FX (climbingfx.jugem.jp )
USD/JPY has broken its Pink Trending channel upper line. TP will be at 114.05, however this TP may be only wave B top since 113.16. If so where will be wave C bottom ? I would say it will be at 112.99/113.00.....Let's see what will be going on. Nikita FX (climbingfx.jugem.jp )
USD/JPY has broken its Green zone bottom, so ideal target will be at 112.32 area. But immediate recovery back to the extended Green zone bottom will be not ruled out..... Anyway I would say USD/JPY is bullish from view point of long term analysis. Nikita FX (climbingfx.jugem.jp )
USD/JPY has broken its major-IH&S Black neckline at 109.91. Which means initial target will be at 139.91. Pink zone which was wave-2-abcde (ascending ) consolidation Parallel area has already been broken. Target of this type of bullish Flag will be at 115.52 Alt. 1 wave had 2841 pips, so Present wave Alt. 3 will be extended Fib.161.8% up to 151.14. If IH&S...
I should admit that my last technical chart of this GBP/JPY was failed. It was a False breakdown with Yellow zone. Now GBP/JPY was coming back to Yellow upper zone. I would say there are two options with which both of them will be bullish.... 1. Look at Pink zone. We are at the upper line of Pink zone....a risk of consolidation down to 176 middle before...
Comparing with AUD/JPY's bullishness, NZD/JPY is little bit different. Because NZD/USD is still condolidating downward....(AUD/USD made its Diamond bottom Formation) Therefore NZD/JPY's Diamond Formation is assumed like this. (I would say it is not an IH&S) Breakout point of Diamond right upper line was 86.05. target: 86.05 + 351 pips=89.56 So I think NZD/JPY...
AUD/JPY has done its 2 IH&S necklines breakout. 1st IH&S target: 102.14 2nd IH&S target: 105.62 This IH&S scenario will be invalidated if Diamond Formation scenario of AUD/USD won't work. Nikita FX (climbingfx.jugem.jp)
This is a possible wave counting of USD/JPY which has ABCDE mid-size consolidation within its wave (4 ). And its ABCDE consolidation is an ascending parallelogram type (Green zone ): which has approx. 959 pips vertical width. Therefore initial target of wave (5 ) will be at: 105.19 + 959 pips=114.78 After that area (114.78), major-2 (Alt. B ) wave coming down to...
BOJ did USD/JPY's important breakout with a Halloween Surprise again (the last one was 2011). I would say that wave counting will be like this in the future..... Because Pink Zone is still fragile to be a true breakout or a False breakout. I think wave (B ) will be coming soon in early-2015 in order to confirming this. Final target is at approx. 153.50 Nikita...
NZD/USD had broken its Yellow parallel B-abcde consolidation zone bottom. Now target will be at 0.7363 (wave A=wave C ). RBNZ told us that NZD/USD will still go plunging more...... Nikita FX (climbingfx.jugem.jp)
I would say 111.49/57 level is very important area..... As far as being below the level, USD/JPY is still being bearish from the view of long-term analysis. Initial Crash this time(110.08--105.18) might be a Fractal initial Crash of 2002.03/04w if so, it goes down to 99.28 area at least. Nikita FX (climbingfx.jugem.jp )