USD/JPY looks like a 4-ABCDE Diagonal Triangle ? I would say USD/JPY won't breach 107.50 level until the end of April. Gap Down of this evening (US ET) will be filled later with wave 4-C. Nikita FX (climbingfx.jugem.jp )
USD/JPY is still forming the upward Pink Regression Channel. And wave counting is Alt. 4 (or X ). As far as keeping above Pink Channel bottom line, USD/JPY is heading for upward target: 110.70 ( in case of W=Y, 111.27 in case of Alt. 5=1.272 x Alt. 3). In addition to that, If wave 5-3-5 might be a truncate wave 5-5, USD/JPY might have already started its Major-A...
Long Term Triangle Formation of EUR/USD which consists of upper A line & lower E neckline was already broken. Its reasonable target is 0.9162 (see Pink vertical line ). If Big H&S target would be able to reach, EUR/USD will plunge into 0.7862. However EUR/USD is still supportive lower trend-lines such as C, D, G. So I would say Big H&S target won't be reached due...
Shanghai Stock Class-A Index will have one more downside wave-E because of descending triangle consolidation type. Green Gap Line & Pink ascending trend Line would be strong Support near the Triangle Crossing Point. This shows only wave image.......SHORT for short-term, and LONG for long-term Nikita FX (climbingfx.jugem.jp )
I would say USD/JPY has just finished its wave 4-ABCDE which was a descending broadening type. 4-E was completed at 108.89 today. Wave 5 will be reaching at 108.89 + (109.95-107.79) x Fib.61.8%=109.97/98 Nikita FX (climbingfx.jugem.jp )
Finally GBP/JPY is having total 11th Swing wave down since 195.88. This would be the Final downward wave which should be below the recent low 151.64 Therefore USD/JPY has already short term topping out. Nikita FX (climbingfx.jugem.jp )
EUR/USD is now starting its H&S Formation regardless whatever type of wave is going on. Well, Since 4-C Final wave 5 had already started. 1.05168---1.14646 looks like wave 5-2-ABCDE (which is an ascending type). If H&S neckline (recently 1.04618) will be breached, the target would be 0.9210. Its First indication should be a breakdown of extended Green Channel...
GBP/USD's wave 5 (now 5-3-5 ) is still going on. The target will be below 1.3501. However once 1.3501 would be breached, next Major wave is upward. Brexit Referrendum (Jun. 23) would cause a choppy wave 5-4, I would say. Nikita FX (climbingfx.jugem.jp )
Nothing was changed with S&P500 since I uploaded the last Chart. The Cycle target will be May middle (approx. May 13 or 16) I would like to point out its upward target of wave 5 next time...... Nikita FX (climbingfx.jugem.jp )
USD Index will be finalized with its 14-months long wave 4-ABC around area of 92.00--92.75 which should be supportive with Pink trend Line. The Final wave 5 is still coming after that. Its target will be 102.00 which should be Ascending Channel upper Line. Nikita FX (climbingfx.jugem.jp )
Well, I would say wave 5-3-5 of USD/JPY was completed tonight (ET US). Next wave would be a choppy wave 4. Nikita FX (climbingfx.jugem.jp )
The targets of Big H&S & mini-H&S already have been met. Now we are situated on wave 5-3( since 195.84)'s last portion with Big Green wedge Formation. Big wedge cross will be around the (117.28--118.78 support Line) on Jul.--Aug. I would say GBP/JPY will make its wedge breakout at approx. 145.00. of wedge upper line. Look at the present downward wave. It is...
This is a preliminary and not yet completed.....I will add more comments later Nikita FX (climbingfx.jugem.jp )
This Chart shows us how EUR/JPY will be finalizing with its wave Major-2 and the next Future upward wave (Major-3) is coming. First of all, Big H&S breakdown target of wave Major-2 is 116.34 which is nearly same level of these analysis target: A: A=C ------141.05-(149.79-126.10)=117.36 B: WXY structure of Blue wave C-C------124.23-(128.22-122.55) x...
This Chart shows us how my prediction of wedge breakdown worked. The target of wedge breakdown was already met, so it is now on counter-rally. However wave (128.22 to 122.55) has internal 3 waves structure which should be called initial larger wave W and present counter rally would be a corrective wave X. Therefore next larger wave Y would be much more...
This Chart shows us the latest wave counting & its target. it is now going on with wave 5-4. 5-4 (Fib.23.6% retracement) will be reaching 108.80. 5-4 (Fib.38.2% retracement ) will be reaching 109.48. Therefore Final 5-5 will be plunging into 106.55, or 105.86 by calculating with Fib.61.8% of wave 3. The whole downward wave since 125.86 thru 5-5 bottom (105.86 or...
Extended target of Crude Oil: 31.43 (First target ) was already met. And now we are facing one more downward wave C-5 which has 2nd target:17.02 Nikita FX (climbingfx.jugem.jp )
As I showed you with my former Nikkei's Chart, it did H&S neckline breakdown. Target: 12450 was not yet changed This means Nikkei will have another 20.86% downward correction. Nikita FX (climbingfx.jugem.jp )