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E/J was exited at 168. 96 on partial and 168.62 on the rest. I'm now in a small position buy for a quick trade at 168.05 AUD/NZD didn't quite hit target of approx. 2700 but is still expected to likely reach there as a probable sell opportunity of significant swing proportions...

E/J looks ready for a swing, short at about 169.40-50 probably good for about 50 - 70 pips depending how the Elliot Wave pattern unfolds.

Note there is a reversal looming that could occur anytime soon for the AUD/NZD, at 2700 or just over, probably well within the next 24 hrs. target will be 75- 100 pips depending on how the pattern unfolds. A good sell opportunity might happen twice as the first reversal drops then gives in to...

June 16 (Bloomberg) -- Finance ministers from the world's richest nations face another week of inflation headlines after signaling concern that the global economy risks a dose of stagflation as commodity prices soar. Officials from the Group of Eight ended talks in Osaka, Japan, on June 14...

June 16 (Bloomberg) -- Canadian Finance Minister Jim Flaherty signaled the world's eighth-largest economy is gathering enough steam to recover from a slowdown without the need for policy makers to take further action. Tax reductions already are providing a boost to the economy this year...

AUD/UsD is nearing a bouncepoint approaching 9300. If it hits that in the next 2-3 hrs then a buy attempt for a swing up is worth trying. Or it could fail to drop more and climb now in which case a confirmed intraday trend would need to be established. Target is about 9400 +.

June 11 (Bloomberg) -- The slumping Canadian dollar may get a reprieve as the Bank of Canada shifts focus from economic growth to fighting inflation. The currency rose against its U.S. counterpart yesterday for the first time in eight days, snapping the longest slide since 2005, and rallied...

I was stopped on EUR/USD barely and re-entered to collect 11 pips then as expected it rose again to above 5595 so re-entered again and hold for 5555 or lower depending on the pattern. I exited the EUR/CAD partially at 5854 and hold the rest, ready to move stop to 0 with another drop. Stop is...

Sold EUR/USD at 5572 with 25 pip stop and target of 5505ish. EUR/CAD seem like it could be done at 5870 area and worth risking a 40 pip stop for about a 100 pip target for those willing to risk trading against larger trend.

So the lower ascending line was breached without pause by the effect of fundamentally based sentiment it seems. The Elliot Pattern seems upward and rate of Elliot Wave fulfillment determined by deviation of news. Did that make any sense? :D

Stopped at 0 on rest of E/Cad Waiting to see if E/U reaches higher after it's pause. Possible target 5575ish. EUR/AUD remains high and is worth watching for a retracement entry, either at higher top or at confirmed reversal. I see niether yet. EUR/GBP seems high and could soften over...

Partial is out of EUR/CAD sell trade at 5824 It also shows an uptrend pattern on larger scale that could appreciate quite a bit higher so a buying opportunity on a dip of about 5755-60 will be to watch for.

Pattern on minute charts of E/J seems to leave room for more appreciation so in light of the breach of the trendline probably due to US data(although larger scale Elliot Wave shows continuation up probable to), it's better that one be careful looking for a bounce down before continuation up...

June 5 (Bloomberg) -- Canadian building permits soared 15 percent in April, the biggest gain in almost a year, as construction plans for apartments and condominiums increased across the country. June 5 (Bloomberg) -- The number of Americans filing first- time jobless claims unexpectedly fell...

EUR/JPY should stall soon at 164.62 now providing a good sell opp. Won't touch it until it breaches 70 though. EUR/CAD is high as well, just sold that at 5851

EUR/JPY seems to be moving nicely to a target area and should bounce at the red line enough to place stop at 0 unless the travel of the pair co-incides with a significant news deviation that causes it to push through the line un-noticed, a rare happening from what I've seen.

Here's why...

I'm seeing an ideal boincepoint looming at about 164.25 if it gets there soon.

The tendline as per attachment has held for now although given other technical indications and fundamentals the line could be breached but I won't consider a swing buy until a further pullback. I scalped the sell at 73 due to wanting to trade a sell from higher hights or go with what appears...

Larger picture on U/CAD shows continued uptrend but a significant pulback needs to happen before I'd enter a swing buy. Distant target could be as high as 0275 by this time next week.