Elliott wave analysis blog - EUR GBP USD GOLD weekly

[vagroupnet]

I've started a blog where I post my Elliott wave analysis - everybody welcomed to see it at http://elliottwavecharts.blogspot.com

[vagroupnet]

GOLD
http://img182.imageshack.us/img182/2...0126bl2.th.gif

Gold has finished (or is finishing ) it's wave "a". Correction wave "b" can extend to 895-877 price level. From that point uptrend will continue

EUR
http://img504.imageshack.us/img504/9...0126th0.th.gif

EUR/USD made reversal and uptrend wave "a" is already finished. Correction can extend to 1.4525 but minimal target is 1.4620

Notice: Because of the strange wave length sizes there is small chance that downside trend can resume and my wave count is wrong now

GBP
http://img100.imageshack.us/img100/5...0126gs5.th.gif

Finally pair did reversal and now is forming wave "a" of the upside move. Next target is 2.0000 level

[zunis-myst]

Your attachments are not really prepared to study them!!
You want to see how?

[vagroupnet]

Originally Posted by zunis-myst

Your attachments are not really prepared to study them!!
You want to see how?

Sorry, this forum has strange BB code... you can look at images at original site - http://elliottwavecharts.blogspot.com

[vagroupnet]

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

[vagroupnet]

Gold must be forming wave "C" that should reach 883 level as minimum or even lower.

http://img411.imageshack.us/img411/5...0218gv3.th.gif

GBP/USD will jump into 1.9620 area and continue to decline.

http://img152.imageshack.us/img152/6...0218qa5.th.gif

EUR/USD is topping below 1.47 level. Decline should follow afterwards to 1.44-41 level.

http://img266.imageshack.us/img266/3...0218rd2.th.gif


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[vagroupnet]

Situation is global for all 3 charts - correction phase started. Minimal targets are 30%. You can place ongoing sell orders after rallies that will not lead to new heights.

EUR/USD
http://img329.imageshack.us/img329/5568/1803bw9.th.gif

GBP/USD
http://img249.imageshack.us/img249/2047/1803sd0.th.gif

GOLD
http://img266.imageshack.us/img266/368/1803pk3.th.gif



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