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EURUSD 7th November, 2013

On Thursday’s session the euro moved swiftly towards the downside, exceeding both targets of our alternate count by nearly 100 pips.

We’re updating both main and alternate counts to reflect the most recent price action and to present tighter targets and invalidation points. And as usual we’ll use each count’s invalidation point as confirmation of the other count.

GBPUSD

GBPUSD 6th November, 2013

On Wednesday`s session the pound unfolded towards the upside and the confirmation point was not reached. We are updating the main count according to the latest price action and as well adding an alternate count which expects further upwards movement from the pound on Thursday`s session. Main Hourly Count – Invalidation Point: 1.6247 – Confirmation …

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EURUSD 6th November, 2013

As expected the euro moved towards the upside to reach our first target and exceed it by 8 pips.

We’re updating both main and alternate counts to reflect the most recent price action and to present tighter targets and invalidation points. And as usual we’ll use each count’s invalidation point as confirmation of the other count.

GBPUSD

GBPUSD 5th November, 2013

On Tuesday`s session the pound drifted towards the upside confirming the alternate count and both specified targets were reached and exceeded. We are updating the main count according to the latest price action and as well adding an alternate count which expects the pound to unfold towards the downside in a corrective manner. Main Hourly …

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EURUSD 5th November, 2013

As expected the euro spent the day moving towards the downside, and so far it’s still 21 pips away from our target.

We’re updating both main and alternate counts to reflect the most recent price action and to present tighter targets and invalidation points. And as usual we’ll use each count’s invalidation point as confirmation of the other count.

GBPUSD

GBPUSD 4th November, 2013

On Monday`s session the pound unfolded towards the upside as expected and the pound fell short of the specified target by 1 pip before reversing directions and moving towards the downside. The choppy corrective movement is expected to remain in effect today as it is needed for the completion of the fourth micro degree wave …

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EURUSD 4th November, 2013

As expected the euro spent most of the day moving sideways to upwards in what looks like a moderate correction.

We’re updating both main and alternate counts to reflect the most recent price action and to present tighter targets and invalidation points. And as usual we’ll use each count’s invalidation point as confirmation of the other count.

GBPUSD

GBPUSD 1st November, 2013

On Friday`s session the pound unfolded towards the downside and the downwards movement was in an impulsive manner, therefore we are modifying the subdivisions within wave (iii) green to provide the best fit. Main Hourly Count – Invalidation Point: 1.6120 β€” 1.5903 – Confirmation Point: 1.5940 – Upwards Target : 1.5984 β€” 1.6034 – Wave …

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