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Sunday, July 29, 2012

$EURUSD: Monthly EW count and forecast. Our Monthly,November 3,2011 continues on play

The chart,below is our post from November 3,2011. We have changed, a bit ,our count, considering now cycle waves instead of primary waves and also the position of primary wave 1 of cycle wave 3, but the original count is still in play, because we forecast on november 3,2011 a target in-between 1 and 1.13 and now, July 29,2012, we are targeting in-between 0.87 and 1.15. A bigger range but a possible range.

Thursday, November 3, 2011

EURUSD Big picture. EW count w/monthly,weekly,daily charts

 We will not put much words to this EURUSD EW analysis, from the first chart,above, which is, the "all time" monthly chart to the last one,below,which is a year daily chart.We can discuss about this count and maybe could be some relabeling to do but,for us is a count that help to understand the "big picture" and also show the correlation with the SPX charts with,obvious, differences,because the EURUSD is relatively new and the SPX is older and have cycle waves.

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