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Old 03-02-2008, 17:41   #5 (permalink)
vagroupnet
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Elliott wave analysis blog - EUR GBP USD GOLD weekly

EUR/USD

EUR is still forming correction that should reach at least 1.4730 target. After this correction uptrend will continue.

GOLD

Gold has passed minimum requirements for correction wave length and could start forming uptrend this week.

Notice: wave count on this chart could be different, but it does not change long term outlook

GBP/USD

The pair is finishing sharp correction and minimal requirements are already met and uptrend can resume any time.

First uptrend target is 2.0030 and next one could be 2.0270. Uptrend will be developing in form of zigzag
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