Thursday, January 7, 2010

Gbp vs Jpy 1H, Aud vs Usd, Aud vs Cad & Usd vs Cad - Market Overview


Gbp vs Jpy (1H) - Favourably, I'm looking forward market to perform a bearish trend in white to complete wave 3. A breakout towards the pivot critical line and lower red trendline would bolster towards this scenario. Otherwise, please be careful for another bullish rally perhap to perform corrective wave e in magenta.


Aud vs Usd (Daily) - Preferably, I believed market will perform a bearish reversal trend in white. A strong pullback from the upper green trendline would bolster towards this scenario. Otherwise, please be careful for any bullish rally perhaps to complete the unfinish corrective wave B in magenta.


Aud vs Cad (Daily) - Favourably, I'm looking forward for another bearish continuation trend scenario either to complete subwave v/A in white or yellow. Otherwise, please be careful for any breakout towards the dotted green horizontal critical line.


Usd vs Cad (Daily) - I believed market will perform a bullish reversal trend scenario in 5 bullish wave structures to perform a major corrective wave C in yellow. Therefore, advisable to loog for any opportunity towards a bullish reversal trend entry signal from BSTS. Otherwise, please be careful for any breakout towards the red horizontal critical line. Please be careful tonight for NFP news announcement at 9.30 pm (GMT +8). Good luck and happy weekends.