Tuesday, February 9, 2010

Gbp vs Jpy, Eur vs Usd, Gbp vs Usd & Aud vs Usd - Market Overview


Gbp vs Jpy (4H) - At this moment, I'm looking forward market to perform subcorrective wave a,b and c in e/2 refering to the alt count in white. Otherwise, if the white critical line is taken, then we may see a bearish continuation trend to complete subwave v in magenta.


Eur vs Usd (4H) - At this moment, I'm looking forward for a possibility towards a bullish retracement trend scenario to perform corrective a,b and c/2 in white. Otherwise, we may see another bearish continuation trend scenario refering to the alt count in magenta.


Eur vs Usd (Weekly) - Favourably, I believed market will have to perform a good bullish retracement trend 1st before we can expecting for another bearish continuation trend scenario refering to the alt count in white. Otherwise, please be careful for any breakout towards the bearish continuation critical line 1.


Gbp vs Usd (Daily) - At this moment, I'm looking forward for a possibility market to perform a subwave i, ii, iii, iv and v to perform an extension of wave 3 in yellow. Therefore, advisable to look for any opportunity towards a bearish entry from BSTS later once subwave ii (yellow) is completed.


Aud vs Usd (Daily) - Preferably, I believed market in progress to perform subwave 2 either in magenta or white. Advisable to look for a bearish continuation entry signal from BSTS later once subwave 2 is completed. Good luck.