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Please watch accompanying video analysis by Juan Maldonado, our Chief Elliott Wave Strategist where he analyzes in detail the EUR/USD, USD/JPY and GOLD.
Weekly and Daily Timeframes on 8 Markets:
EUR/USD – in the process of playing out a wave C down with targets set all the way downGBP/USD – bullish above 1.5000AUD/USD – currently in a wave 4 sideways consolidationUSD/JPY – in a triangle consolidation pattern prior to uptrend continuationUSD/CAD - in a triangle consolidation pattern prior to uptrend continuationS&P – in a strong uptrend which has not completed as of yetGOLD – in the process of completing a 5-wave sequence downOIL – in the process of completing a 5-wave sequence down
This is what we do every day. Think about how much better this gets when we add the Wavy Tunnel II!
Sincerely Yours,
Jody SamuelsWEEKLY UPDATE 3/2/2015
Disclaimer
There is a high degree of risk involved in any type of trading. Foreign
Exchange trading is not suitable for all investors. Past results are not
indicative of future returns. FX Traders EDGE and all "affiliated"
individuals assume no responsibility for your trading and investment
results. Please keep in mind that all comments made by FX Traders
EDGE instructors should not be construed as investment advice
regarding the purchase or sale of Foreign Exchange.
Two week chart trial at bit.ly/FXTEcharts WEEKLY UPDATE 3/2/2015