Monthly wave analysis for EURUSD (March, 2007)

本文相关检索：外汇评论

Wave counting on a daily chart. Main scenario.

Upward wave (B)? or (X) continues forming in accordance with the main scenario. So far there has been no confirmation of the opposite. At the moment the upward zigzag (a)-(b)-(c) of Y is forming, and its first leg (a) of Y may have ended and in March the correction (b) of Y should be forming. There is a chance that this correction could end above the next impulse point (26.03.07). Confirmation level is at the end of wave [w] of Y. If the price moves above 1.3361 (1.3294) it would confirm this scenario. Critical levels are the ends of waves X of (B) and [x] of Y. If the price moves below 1.2877 (1.2482) then switch to the alternative scenario.

Wave counting on a daily chart. Alternative scenario.

If we follow this scenario then the price movement since December 2006 could be considered as the first wabes of a big downward trend (C) or (Y). They could be waves 1 or A and 2 or B. Confirmation levels are at the end of wave 1 or A — 1.2877 and at the end of wave XX of (B) or (X) — 1.2482. Critical level is at the end of wave (B) or (X) — 1.3361.

上一篇文章： KBC Technical Analysis FOREX<EUR>

下一篇文章： Mizuho Corporate Bank--JPY Technical Analasis

免责申明：你阅读的《Monthly wave analysis for EURUSD (March, 2007)》不构成投资建议，仅供参考，来自汇率网，转载请注明：WWW.HUILV.ORG,本文转自互联网。