Thursday, January 21, 2010

Gbp vs Jpy, Aud vs Usd and Usd vs Cad - Market Overview


Gbp vs Jpy (1H) - Preferably, I'm looking forward for a breakout towards the S3 critical line either to complete subwave 3 in cyan or wave iii in white. Otherwise, please be careful for any bullish retracement trend or bounce scenario from the S3 critical line.


Aud vs Usd (Daily) - Favourably, I'm looking forward for a further bearish continuation trend scenario to complete subwave 1 in white. Please be careful for any bullish retracement trend scenario later to perform subwave 2 before we can expecting for another strong bearish continuation trend to complete subwave 3/C in white.


Usd vs Cad (Daily) - At this moment, the upper yellow trendline is still remains intact. Preferably, I'm looking forward for a breakout and further bullish continuation trend scenario to complete subwave 1 to bolster towards the bullish reversal trend scenario. Otherwise, please be careful for any pullback scenario. Happy weekends and good luck.