Daily Technical Video from 10.7.2013 when we called for a rally in $USDJPY from 96.52, $GBPJPY to make marginal new lows toward 155.21 area and rally and $SPX500 to test 1651 (76.4 fib) and resume the rally. EWF clients trade on right side of the market, so can you. [jwplayer mediaid=”121636″]    

$GBPJPY has hit and exceeded 159.00 targets called in this video. Take a look at this intra-day video presented to clients on 9/9/2013 [jwplayer mediaid=”113603″]

Yields have turned higher in what looks to be an impulse in wave (( i  )) of ( 5 ). 2.80% could be tested before we see a pullback in wave (( ii )) and more upside. Hourly cycles are positive so we don’t like selling yields in proposed wave (( ii )) pullback and […]

Expect a test of 0.8488 – 0.8509 to complete a 5 wave rally from 0.8329 low from where pair should pullback at least in 3 waves.  Only an impulsive decline following completion of this cycle would leave the door open for new lows below 0.8329. Hourly cycles are positive so we like buying the dips as […]