Ewj: elliott wave

AUD/USD low = 0.86634, Wave III1]2) count is still possible.
AUD/USD is not in Wave III1]2) if falls below 0.86602.
Wave IIc]5)5) can go DOWN to .825 or 080660.
AUD/USD's low = 0.86428 is lower than previous low at 0.86602.
Next may be Wave IIc]5)3.5 to 0.82 .
 

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The drop from 86.75 is greater than previous drops.
This may be Wave 3]2) or 3]4) which should move sideways for sometime.
If there is still Wave 3]1)5.5, target may be 87.45 .
$USD has been moving sideways for quite some time as expected now.
Next may be a new high to 87.45 or 88.6.
Larger measures may send $USD to 91.2 or 92.0 .
 

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Gold's high = $1250.30 .
Wave IVc]5)d's target may be $1313.
If Gold falls below previous low at $1181.4, Wave IVc]5)3.3's target may be $1100
Gold moved up as a 5-wave to $1255 then fall.
There may be another rise to $1300 as Wave IVc]4)e or
a resumption of the fall as Wave IVc]5)3.3:5 to $1120.
 

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USD/JPY's Wave 3]3) or 3]3)1 or 2]b) ended at 110.093 just below measured move and previous high near 111 as expected.
Wave 3]4)'s low = 105.198 just below 105.5 .
There may be a rebound as Wave 3]5) soon or
after a period of sideway movement as Wave 3]2).
There was a rebound as expected to 108.36 .
This may be Wave 3]5) or Wave 3]4)b.
Wave 3]5) would be able to reach 114.
 

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EUR/USD's high at 1.28874 may be Wave III3]2)c.3.
Now is in Wave III3]2)c.4 .
Wave III3]2)c.5 may be 1.29953 .
There was no Wave III3]2)c.5 .
EUR/USD can still go UP to 1.30 as a Double Zigzag.
After that Wave III3]3) may end near 1.163 .
 

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Silver's Wave V]V)IVc]5) is not a failure, last low = $16.85 .
There may be some rebound as wave :4 before going DOWN to $16 as Wave 5)5.3:5.
Wave V]V)IVc]5)5.5 may end near $14.0
There was a rebound as Wave :4 as expected to $17.82 .
Next may be Wave IVc]5)5.3:5 to $16 or $15.
Wave IVc]5)5.5 may end near $14.
 

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$USD has been moving sideways for quite some time as expected now.
Next may be a new high to 87.45 or 88.6.
Larger measures may send $USD to 91.2 or 92.0 .
$USD 87.45 target reached.
Next may be a move UP to 88.6 or
a sideway move DOWN to 84.5 .
 

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  • 1105$USD87,45target_reached.jpg
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There was a rebound as expected to 108.36 .
This may be Wave 3]5) or Wave 3]4)b.
Wave 3]5) would be able to reach 114.
USD/JPY 114 target reached and overshoot to 115.515.
Next may be sideway movement.
 

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Gold moved up as a 5-wave to $1255 then fall.
There may be another rise to $1300 as Wave IVc]4)e or
a resumption of the fall as Wave IVc]5)3.3:5 to $1120.
Gold fell to $1137.1 where Wave v is a little longer than Wave I.
Next may be a fall to $1120 where Wave :5 equal to Wave :3 or
to $1105 where Wave v = Wave iii .
After Wave :5 ends, there may be a rebound to $1255.
 

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There was no Wave III3]2)c.5 .
EUR/USD can still go UP to 1.30 as a Double Zigzag.
After that Wave III3]3) may end near 1.163 .
EUR/USD lower low may be Wave III3]1)5 or III3]3)1 .
Wave III3]1)5 may end here. Wave III3])2) may rebound to 1.28874 .
Wave III3]3) can go DOWN to 1.163 .
 

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