EUR/JPY completed its Major-3-(2)-E at the Long-term Wolfe Channel upper line and started having the Big Triangle Breakout very soon as shown on this Chart. First target will be the Blue descending Line (resistance line since 169.96) around 146.50. However ideal target will be beyond that level (approx. 148.50). Final target will be 133.15 (Major-3-(2)-E) + 5525...
USD/JPY is now holding its 120.445 level. Daily close should be above the level. If so it is the Real breakout !! Then follow the upward Pink line. Long for Short term Nikita FX (climbingfx.jugem.jp )
GBP/JPY has started its possible Major breakdown. Initial target will be at 175.00 around. Maximum downward target will be at 166.60. Nikita FX (climbingfx.jugem.jp )
S&P500 is now heading for 2-C top. After consolidation with 2-D & 2-E, it will be much more downside for wave 3. 7 years upward trend has been over, so Big correction is still coming in the future. Nikita FX (climbingfx.jugem.jp )
initial H&S target will be at 80.85. So it has not yet met. AUD/JPY's next move is downward, and goes to Gap Filling later. Then it will be recovering up to near-H&S neckline, but it will fail. Finally one more big downward wave will be coming into next year. Nikita FX (climbingfx.jugem.jp )
USD/JPY's 116.07 was starting point of Double Zig Zag wave WXY. W-x-y completed 118.68 (Post-NFP downward reaction on Oct.02), and the next upward wave Y will be coming. Its ideal target will be at 122.50 around (which is Flag bottom line). There will be two scenarios: if wave Y will be able to go above the Flag bottom line, another Major- WXY wave will be coming...
USD/JPY is possibly forming a rising wedge, and initial target of the wedge breakout will be 125.18. Final C wave within this wedge will be 121.67 ( July 08 ) Nikita FX (climbingfx.jugem.jp)
USD/JPY breached 122.00/22 level. TP 1 will be 120.50 which is a crossing point of S & R on July 20. S: 115.84--118.48--120.50 R: 101.50--105.19--120.50 TP 2 is Fib.161.8% of wave 1 (125.85--122.45) from 124.37 which is 118.87. TP 1 or TP 2 will be Major-A, then Major-B will fill the Gap Down (123.18--123.74). Major-C will plunge more downside into...
GBP/USD will be dramatically climbing into wave 4-C (1.8707): 1.4565 + 3256 pips(triangle vertical width) x 1.272=1.8707 And then it will be plunging into wave 5 (1.3438): 1.8707-6896 pips x Fib.76.4%=1.3438 This is my latest alternate wave image Nikita FX (climbingfx.jugem.jp )
USD/JPY is still heading for upward due to breakout of descending resistance line. And also annually, Independence Day's seasonal Higher anomaly would work. For a short term, its target will be at 125.06 on July 03. If it will be able to break through the Black Wolfe resistance line (125.11 on July 03), USD/JPY will breach 125.85. However it will plunge more if...
As far as being continued with its ascending wedge Formation, EUR/USD will breach even 1.1500 area. P: wedge upper line Q:wedge bottom line R: upward trending support line Fib.88.6% neckline of mini-IH&S was already broken Nikita FX (climbingfx.jugem.jp )
USD/JPY is reacting downward with its Y wave after FOMC. Its downward target will be 121.00/35 Bottom will be on Jun. 22.......?
EUR/USD's latest wave counting is like this. Major-3-(2)-E was 1.1188 yesterday (Jun. 15) Target of triangle breakout will be at 1.1531 (little bit short for 1.1533(Feb.03)) However it will be automatically done with the breakouts of Dual IH&S necklines, too. Nikita FX (climbingfx.jugem.jp )
Dual IH&S of EUR/USD was little bit changed, but Fib.88.6% neckline should be breached very soon due to its wave Major-3-(3)-3. EUR/USD was able to have a Weekly close above Blue Q line (mid-term descending Resistance line since 1.2569(14.12/16)) at 4th trial so far which shows a very good sign. However we are still below Blue P & R lines, so it takes a little...
USD/JPY completed its Big Cup Recovery (beyond 124.14 ) and now needs Hundle portion (Major-2 wave consolidation ). Assuming 7--10 weeks for the Hundle, 115 low area will be the target. Later we will have much powerful upward wave Major-3 into 160 level Nikita FX (climbingfx.jugem.jp )
USD/JPY's wedge breakdown is still going on. Its initial target will be 121.78. We have now 4 Resistance lines: 1 Wolfe Resistance, 2 wedge bottom, 3 descending resistance, and 4 neckline. If it will breach below mid-term support line ( almost equals to Long-term descending Resistance: 160.33--147.68--122.22), USD/JPY will plunge more downside into 115 low...
EUR/USD is now forming its Dual IH&S (inverted Head & Shoulders ). Main Red IH&S target will be at 1.2114, and sub Blue IH&S target will be at 1.1654 at least if Fib.88.6% (1.0461--1.1466) level: 1.1351 will be breached again. However its zone above 1.1351 (Fib.88.6%) thru 1.1466 can be said "No Trading Zone" in terms of High-Risk Droppable Zone. Therefore...
USD/JPY has done its short term wedge breakdown, so it will plunge more down to 121.78 thru 122.20 area. Nikita FX (climbingfx.jugem.jp )