nikitafx

nikitafx

USD/JPY is now under very critical situation. It is now under two major long-term resistance declining lines and wave 4 Diagonal support line (black line ). And also it failed keeping above the long-term Wolfe line. The only thing is that it is now still above the mid-term Wolfe line (critical point: 100.48 ). If it will breakdown through the mid-term Wolfe line,...

nikitafx

Nikkei 225 has done with its 4th magic breakout-try since 1991 Sep. The long term chart is a breakout pattern of W-shape (with double bottom ) neckline. The target will be 25887 if 12283 (2013.06/03 ) is supported. Nikita FX ( climbingfx.jugem.jp )

nikitafx

Nikkei 225 has almost finished wave 3-sub-5, so next move is wave 4 up. Wave 4 target will be Fib. 38.2% retracement: 14418 area. Then Final wave 5 goes to (Fib. 61.8% of total wave 3 ) 13674 area. Nikita FX ( climbingfx.jugem.jp )

nikitafx

EUR/JPY has two kinds of technical pattern right now. 1 triangle breakdown however stop at the Good Support 2 IH&S neckline already broken and reversed down into the triangle from my view point of wave analysis, ABCDE correction within a larger triangle is still effective. Then IH&S neckline will be boken once more. Even if the Good Support will be breakdown, its...

nikitafx

USD/JPY is still within wave B (sub-ABCDE correction in the purple parallel channel ) from 100.75. shortly mini-wave 4 of D (looks like a mini-ABC) is still going on, then final mini-wave 5 will reach down to 101.48. After that, we will still have one more uptrend correction as wave E (Fib. 61.8% retracing) up to 103.12 area. Then finally, we will have C wave...

nikitafx

AUD/USD is on progress with strong IH&S. The target is 0.9585, however ABC extension ( x 1.272) will be limit at 0.9424. Then Fib.38.2% correction down to 0.9132/60 , and finally reach at 0.9585. short-term is neutral and long term is LONG view. Nikita FX ( climbingfx.jugem.jp )

nikitafx

USD/JPY is now on progress with the final decline of C wave in the Major-wedge Formation. The target will be 100.50/60 (99.95 could be ? ). Then uptrend D wave into 107.00 area. The vertical width of Major-wedge is 1019 pips, therefore its breakdown through wedge bottom line around 2015 February (target: 96.81 ). I think USD/JPY's next uptrend target (such as...

nikitafx

it has already been broken at 141.30 which I mentioned. However critical point (140.33 as of today Apr. 07) is still a suppot. I added also alt. wave counting. Nikita FX (climbingfx.jugem.jp )

nikitafx

Flag breakout target: 96.29 has already been met. a wedge Formation (blue lines) will be broken soon. Therefore bearish wedge breakdown target will be at 92.83 ? Nikita FX (climbingfx.jugem.jp )

nikitafx

Top formation has been already made. (ascending double top pattern) 5 waves declining is in progress. I think 2nd wave top will be on Apr. 11 or 14th. Nikita FX ( climbingfx.jugem.jp )

nikitafx

If the upper triangle (pink lines) breakout was not Faulse, the target will be 107.00/107.71 Nikita FX ( climbingfx.jugem.jp )

nikitafx

If Fib.61.8% reversal of D (141.30) will be supported, The target will be 149.71. However in the event of breakdown through the triangle support-line, the target will be approx. 132.25 because no more ex-wedge support. (wedge Formation was finished already....) Nikita FX ( climbingfx.jugem.jp ) (ranking No. 1 blogger on FX-blog.jp/ since 2012 Oct. )

nikitafx

The last E-bottom might be a finishing ABCDE correction. Then my target is 547 pips above 1.3671---which is 1.4218 This is a risk-scenario. Nikita FX ( climbingfx.jugem.jp )