Tuesday, January 12, 2010

Gbp vs Jpy and Eur vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm looking forwards for another bearish continuation trend scenario to complete wave 3 in white. But please be careful for any possibility towards a bullish retracement trend scenario to perform subwave ii in white before expecting for another bearish continuation trend.


Eur vs Usd (Weekly) - At this moment, I believed market in progress to perform a major corrective wave C either in white or magenta. Please be careful for any possibility towards a bullish retracement trend to perform subwave in white. Favourably, I'm looking forwards for a further bearish extension of subwave 1 in magenta before expecting for any bullish retracement trend scenario. Good luck.