Seeking Alpha

ew-forecast.com's  Instablog

ew-forecast.com
Send Message
We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
My company:
ew-forecast
My blog:
Elliott Wave Analysis Service
  • USDJPY Elliott Wave Analysis: Corrective Rally  0 comments
    Mar 5, 2014 5:23 AM

    It seems that USDJPY has finally found the base at 101.17 where we labeled a completed wave (b) and that price is now heading to the upside within wave (c). Notice that reversal from latest swing low was fast and sharp so we see it as impulsive bounce that is part of current bullish sentiment. Based on minimum expectations we expect a break above 102.82 high, but ideally rally will reach 103.43 figure.

    USDJPY 4h Elliott Wave Analysis

    Written by www.ew-forecast.com

    14 days trial just for 1€ >> http://www.ew-forecast.com/register

Back To ew-forecast.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.