Wednesday, January 20, 2010

Eur vs Usd (Weekly) and Usd vs Cad (Daily) - Market Overview

Usd vs Cad (Daily) - At this moment, I'm looking forward for a breakout towards the upper yellow trendline to bolster towards the major bullish reversal trend scenario perhaps to complete subwave 1 in C (yellow). Otherwise, please be careful for any pullback from the upper yellow trendline.

Eur vs Usd (Weekly) - At this moment, I believed market in progress to complete subwave v in 1 either in white or magenta before expecting for a bullish retracement trend to perform wave 2. Overall, I believed market already in progress to perform a major bearish reversal trend to complete major corrective wave C either in white or magenta alt counts. Good luck.