http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/24/BIAS : This looks like moving higher to around 1.3043 MAIN ANALYSIS : The break above 1.2915-25 came as a surprise and having reviewed the rally from 1.2796 I see that it developed in a rather skewed impulsive manner that explains yesterday's strength. The rally from yesterday's low is just as skewed so do take care but I feel that while 1.2900-20 supports that we should see further upside progress through to 1.2981 and later 1.2994. Look for a correction of around 60 points before the rallyFri, 24 May 2013 05:24:41 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/24/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/21/HOURLY CHART 21st May : I have had to concede that the more complicated sideways move is unlikely now. As things have developed I have had to change the count as shown above and this tends to fit in well with the lasrger wave degrees. Thus, we should now see the 23.6% - 33.3% retracement in Wave (iv) hold between 83.49 - 70 and for gains in Wave (v) that should reach the 223.6% projection in Wave -iii- at 85.31 at least. Take care in case this turns out to be a firmer Wave (v) and reach theTue, 21 May 2013 08:00:51 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/21/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/17/BIAS : I look for losses to develop more strongly now - potentially to the 0.9450 area MAIN ANALYSIS : Yesterday's saw an irregular correction that recycled back to 0.9708 from where it extended losses into the advised 0.9562-94 area from where we have seen the correction. It looks potentially complete but we'll need to allow for a little more to 0.9666-90 (at a real extreme 0.9720 but I think this would be pushing EURUSD a bit too far.) Overall at this point we should be looking for signs ofFri, 17 May 2013 01:32:49 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/17/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/15/BIAS : We're due a correction higher - the question is whether it's above or below 1.5196… MAIN ANALYSIS : The correction stalled 10 points below the favoured 1.5340-60 area from where it moved down into the 1.5196-1.5225 area. There's no hourly bullish divergence and thus it tends to suggest we shall see a break below the 1.5196 low. The earlier question is how deep any pullback can be. I suspect the 1.5260-68 area but cannot rule out 1.5290-95. Depending on where this correction tops out weWed, 15 May 2013 01:58:59 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/15/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/13/BIAS : While 102.15 (max 102.35) caps we should see a pullback to the 100.65-91 area MAIN ANALYSIS : We saw a direct move higher without any significant correction and this is approaching the 102.15 target. Allow for 102.35. However, from here we should now see a modestly deep correction. First support should be around the 101.36-50 area. There should be some sort of correction from here but given the earlier (linked) correction I feel this may well be fairly swift and reach down to theMon, 13 May 2013 02:01:49 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/13/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/09/BIAS : If this is to rally it needs to do so now… MAIN ANALYSIS : As described yesterday the upside was always going to be limited and price didn't even reach the 1.0225 resistance. This is still the key resistance and if there is to be a stronger recycling higher then we need this to break. Once above 1.0225 we should see extension to around 1.0250-60 for a correction and once that is complete the next target should be the 1.0300-18 area. This peak should provoke only a minor correction -Thu, 09 May 2013 03:47:38 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/09/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/07/INTRADAY CHART 7th May : Unless I'm mistaken the move down from the 24.83 high doesn't look consistent with the start of a 5-wave decline. Thus, be aware of a possible extension higher to the 26%-38.2% retracement area between 24.83-26.02. From there we should see losses. Only an earlier break below the 23.24 low would risk direct losses that need to develop in 5-waves in Wave (a) of Wave (v). I suspect this will move below the Wave (iii) low at 22.04. When this does break down the first stopTue, 07 May 2013 06:48:20 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/07/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/01/BIAS : While 1.3138-45 supports we should see progress to 1.3203 (max 1.3229) for a minor correction MAIN ANALYSIS : The 1.3032-65 support area held perfectly and has extended to just above the next (intermediate) projection at 1.3166-81, finally stalling at 1.3185. We may have seen the full correction at 1.3145 but allow for 1.3138. This is setting up an extension to the 1.3203-29 area (preferably the lower 1.3203 target but be flexible.) Any correction from this next projection should onlyWed, 01 May 2013 01:46:40 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/05/01/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/11/BIAS : We should now be wary as we approach 131.00-20 with the risk being losses to 125.80-126.30 MAIN ANALYSIS : Price action was rather choppy and has stalled just below 130.59. I don't think this has completed the rally which should extend to the 131.00-20 area. Note the strong 4-hour bearish divergence. Also note the resistance in USDJPY at 100.06. I suspect this will cap for quite a deep correction lower that should be fueled by both EURUSD and USDJPY - and both should be corrections.Thu, 11 Apr 2013 07:47:54 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/11/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/09/INTRADAY CHART 9th April : Obviously I didn't have the expanded flat in mind. However, now that this appears to be the case we have a much easier prospect for a target high where the downtrend should resume… and quite a downtrend is implied... For now we should see Wave iii high extend to either the 323.6% or 361.8% projection between 1,603.25 -1,609.60. Expect a pullback of around 41.4% followed by a move up to the 1,625.71 area where Wave (b) will have retraced by 50%. From there we shouldTue, 09 Apr 2013 07:21:57 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/09/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/08/BIAS : Risk still appears directly higher MAIN ANALYSIS : Price has continued higher on open and this seems destined for quite a direct attack on the final high. I see support around the 97.90-00 area that should support for gains to move back to this morning's 98.78 high to follow-through to the 99.35-45 area. Take care here and note any bearish reversal indications as I suspect a correction of around 130-140 points. Also note the higher 99.99 projection as well as the 100.30 lower target.Mon, 08 Apr 2013 01:11:02 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/08/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/02/INTRADAY CHART 2nd April : The strength continued and made a new high before reversing and this appears to imply we are now recycling back to the 82.05 low and probably just below. We should be close to the end of Wave a of Wave iii and thus while Wave b holds below the 50%-66.7% retracement in Wave b between 82.84-95 we should then see losses down to the 198.4%-223.6% projection in Wave iii at 82.13-25. With Wave ii deep we can only expect around a 23.6% retracement in Wave iv that would thenTue, 02 Apr 2013 06:46:13 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/02/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/01/A forecasting methodology such as Harmonic Elliott Wave is often considered with extreme caution, many critics pointing out that you never know when it will be right or wrong so that trading using it holds greater risks. That approach is naive as it supposes that a user will only use that single technique and not an integrated methodology involving several more supporting tools. However, what is also not understood is how Harmonic Elliott Wave has a stronger and more disciplined structure thatMon, 01 Apr 2013 03:25:39 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/04/01/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/29/BIAS : We should now see a series of rallies & brief corrections… MAIN ANALYSIS : Price is currently en-route to 1.5222-30 followed by 1.5247 and later 1.5303. Each correction should be no more than 10-25 points. From the 1.5303 projection target the correction could be as much as 30-40 points but overall this should be the pattern of development in steps. This should see a minimum upside target around 1.5389 but could extend a little higher to the 1.5400-40 area. This to should be theFri, 29 Mar 2013 01:44:37 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/29/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/27/BIAS : We still need to allow for 1.5113-28 before the rally resumes MAIN ANALYSIS : As suggested yesterday, the decline from 1.5259 has been very deep and has forced a slight re-think. I still remain bullish and I feel the rally could theoretically resume at any time. However, I am aware of the downside risk in EURUSD and feel that we may need to allow for the correction to be even deeper - noting the 1.5113-28 area. As long as that supports we should then see the upside resume above 1.5195Wed, 27 Mar 2013 02:38:35 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/27/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/25/BIAS : I feel a lot of today could be sideways consolidation MAIN ANALYSIS : The early correction did stall close to 1.0422 - just 2 points below - and saw a seesaw day up to 1 point below the lower 1.0460 target. I think there's a chance that we may even see 1.0472 but otherwise we'll be due a correction lower again to the 1.0418-34 retracement zone. From here we should then see a rally above 1.0472 and to above 1.0500 - the estimated target around 1.0523-52. From here expect a correctionMon, 25 Mar 2013 00:55:09 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/25/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/21/BIAS : While 95.62-72 supports we should see extension to 96.30-45 before a correction lower MAIN ANALYSIS : Price rallied strongly and very directly. I see support around the 95.62-72 area that should provide a final move higher in this section of the rally to the 96.30-45 area. From there I feel we may well see a deeper correction that would ideally reach the 95.37-72 area again. (Keep in mind the 95.19 pivot support if it is very deep.) Once the correctioon is complete we should see anotherThu, 21 Mar 2013 07:30:04 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/21/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/19/BIAS : We should now see losses to 1.2840 and 1.2803 MAIN ANALYSIS : Yesterday was always going to be a cautious one. The downside did see a marginal new low but then a correction that stalled at the 4-hour Price Equilibrium Cloud. We have two options here - the first being that we saw a completed wave at 1.2881 and the second that the low was only part of the decline. I tend to feel the latter is more likely. This would imply that we should see losses back down to the 1.2864-81 area en routeTue, 19 Mar 2013 08:02:12 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/19/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/15/BIAS : I feel there is a risk of a move straight back to 0.9566-83 before recycling lower MAIN ANALYSIS : The upside failed to reach even the 0.9574 target, stalling at 0.9566 but which is actually still within a valid projection area. The drop to 0.9450 should have completed the first leg of a broad sideways consolidation. Note the 0.9430-48 support. However, I feel that this morning's 0.9450 may well have satisfied the first leg and thus I expect a choppy rally with immediate resistance atFri, 15 Mar 2013 01:30:40 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/15/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/13/BIAS : While 1.0345 caps we should see a pullback to 1.0284-05 before higher again MAIN ANALYSIS : Price extended a little more to 1.0312 before a pullback to 1.0266 and from there approached the 1.0334-45 area. Still allow for 1.0345. From this resistance area I look for a correction back to 1.0305 and possibly 1.0284. This should support for a rally back to 1.0345 and possibly the 1.0367-74 highs. After a correction the 1.0391-17 area looks like a probable target. COUNTER ANALYSIS : Only aWed, 13 Mar 2013 01:22:55 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/13/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/11/BIAS : While 1.4958-87 caps we should see losses to 1.4837 before reversing higher MAIN ANALYSIS : After a slow start we saw a more aggressive follow-through lower to 1.4884. At this point we are seeing a correction. Take care here as the pullback has been enough. We should allow for between 1.4958-87. From there - or directly lower - we should see losses that extend back to (around) the 1.4884 low followed by a pullback and then extension to the long standing 1.4837 target. This should holdMon, 11 Mar 2013 01:04:09 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/11/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/07/BIAS : While 1.5023-41 caps this looks like we shall see losses below 1.4948 to 1.4837… MAIN ANALYSIS : Well, we saw losses but with momentum bearish it has slipped below the 1.4985 low and thus seems to imply we are on our way to 1.4837 after all. Note the 1.4948 projection. While this supports we should see a correction back to the 1.5000-40 area (the higher if direct from 1.4965 or the lower area from 1.4948) for losses to then resume through 1.4948 and to 1.2877-88 and to the 1.4837-56Thu, 07 Mar 2013 01:45:44 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/07/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/05/INTRADAY CHARTTue, 05 Mar 2013 07:50:05 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/05/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/01/BIAS : While 92.40-50 supports we should see further progress to 92.96-12 initially and later 93.37 MAIN ANALYSIS : Price rallied though just a little above expectations and was followed by a correction. It looks as if it is complete but allow for 92.40-50. From here we should now see upward progress to 92.96-12 - I suspect the higher projection for a correction of around 35 points (maybe bouncing from the 92.76-80 area) and then rally back to 93.12 and later to 93.37. From this high aFri, 01 Mar 2013 02:05:06 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/03/01/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/26/INTRADAY CHARTTue, 26 Feb 2013 07:36:53 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/26/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/25/BIAS : While 1.0300-20 caps we should see losses to 1.0221-48 MAIN ANALYSIS : Price fell short of the 1.0367-74 highs - the high being at 1.0340 from where we have seen a break below the 1.0296 low. This looks more bearish. It could still just be a correction but the implication is for losses to reach 1.0235-48 and we can't rule out the 1.0221 low. While the downside is possible the 1.0315-20 gap high should cap. Only below 1.0221 would imply losses although at this stage there isn't much toMon, 25 Feb 2013 02:06:07 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/25/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/22/As a change I am providing a video forecast for EURUSD that provides a visual look to how things should develop in EURUSD over today and an alternative should this break down.Fri, 22 Feb 2013 06:26:09 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/22/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/14/BIAS : Cautiously while 125.19 supports we should see gains to around 127.46-70 MAIN ANALYSIS : Yesterday's gains were limited to 126.55 following which we have seen a correction down to 125.18-20. Ideally this should hold and trigger gains above 125.89 and then 126.22 towards the 126.55 high. Overall this should reach the 126.93 area at least and I suspect the 127.46-70 area between the highs. I'd expect a correction from here back to the 126.55-85 area. Then begin to look for potential forThu, 14 Feb 2013 02:09:35 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/14/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/11/BIAS : Look for further gains to 1.5898-16 MAIN ANALYSIS : The rally developed and pushed to the high-end of the stronger projection at 1.5832-44. I suspect we have either seen the full correction at 1.5783 but it would be best to allow for 1.5770-75. From there - or a direct break back above 1.5844 look for extension to the 1.5898-16 area (max 1.5941) before a correction lower. While I don't think it will get there, also note the 1.6000-10 resistance. COUNTER ANALYSIS : Only a direct breakMon, 11 Feb 2013 02:17:23 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/11/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/08/BIAS : We should see losses to 1.0238-52 before a correction MAIN ANALYSIS : The 1.0330-39 resistance held perfectly and from there we should see losses to just above the 1.0252 projection. However, I'm not convinced this is the end and while 1.0300-12 caps I see potential risk of losses down to 1.0238-52. That should still provide a correction higher, but quite shallow - probably not moving above 1.0280-00 from where losses should be expected to the 1.0160-98 area. This low should generate aFri, 08 Feb 2013 02:10:52 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/08/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/07/Trend lines are a technique that appear very, very simple... and they are. However, the technique is abused and misunderstood by experienced as well as new traders/analysts. In this video I explain the basic definition and function of a trend line and how not to fall for the basic errors that are commonly seen by using some basic logic. .Thu, 07 Feb 2013 08:10:07 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/07/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/06/BIAS : Expect losses but probably holding above the 0.9021 low MAIN ANALYSIS : Basically yesterday was a nasty & messy sideways range day. However, it does seem to point lower and a break of the 0.9071 low would confirm a double top that has a target at 0.9021-25. That's should be the easy part. I'm not a great fan of 0.9021 breaking as the implication looks exceptionally bearish. While I have highlighted the 0.8932-55 area I feel this would go even lower to 0.8912 minimum and possiblyWed, 06 Feb 2013 02:21:59 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/06/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/01/The Harmonic Elliott Wave spreadsheet is a core tool that needs to be used to identify waves, and identify common projection targets across the wave degrees in an impulsive move. The video demonstrates the development of USDJPY over around 10 days or price development and how exceptionally accurate forecasts can be achieved. The process can also identify areas where the impulsive development breaks down and thus when a reversal is at risk.Fri, 01 Feb 2013 10:50:00 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/02/01/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/30/BIAS : While 1.3460 holds I still favour extension to 1.3520-30 and potentially 1.3546-56 at least MAIN ANALYSIS : I am not 100% comfortable with price at the moment as it appears to be alone in its bullish structure compared to CHF and GBP. However, currently momentum still seems positive and I therefore tend to remain bullish but watching how this develops. The ideal should be for price to break above 1.3496 to reach 1.3520-30 at least. How deep the pullback from this area manages to reachWed, 30 Jan 2013 07:21:38 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/30/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/28/BIAS : This still needs another move lower to the 1.5703 area minimum and probably 1.5640-70 MAIN ANALYSIS : We saw losses as expected but which stalled just above the high end of the 1.5718-38 area. The expected correction then developed holding just 1 point above the upper end of the 1.5800-25 resistance. Thus, I feel we should now see the final leg lower that should extend back to the 1.5745 low and probably 1.5715-26 at least. (also note the 1.5705 area) for a correction of approximatelyMon, 28 Jan 2013 01:36:54 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/28/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/24/BIAS : There is still room for further 1.3260-1.3385 range trading though I expect a break lower at some point MAIN ANALYSIS : Sideways, up-a-bit… down-a-bit… and it could continue. If I have my preference develop then it will be for a push up to 1.3372-84… back down to just above current levels… a smaller pullback higher and then lower. However, I'd settle for a direct break below 1.3256-66 and for losses that look as if they could get to the 1.3158-88 area. Could losses get to 1.3110-35? ItThu, 24 Jan 2013 01:02:18 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/24/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/22/2nd January : There are a lot of complications around. However, if this is a Wave ^e then it needs to develop as an ABC. From the 79.35 low we appear close to the end of a 5-wave move that should stall not too far above the 80.19 high - the 50% projection in Wave v at 80.33. This should form Wave -a- and thus trigger a correction in Wave -b- that I feel (referencing the daily chart) needs to be quite deep. Certainly, if it is a shallow correction there will be little chance of the Wave -c-Tue, 22 Jan 2013 07:16:42 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/22/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/18/By using complementary indicators it is possible to generate stronger information and signals. This video discusses Price Equilibrium Clouds (support & resistance), Harmonic Elliott Wave RSI (a sensitive momentum indicator) and Harmonic Elliott Wave (a pure price indicator that generates support, resistance and projections.) In addition to combining these indicators together, the application over multiple time frames will enhance understanding of risk, order (entry and exit) entry andFri, 18 Jan 2013 02:21:16 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/18/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/17/BIAS : While 1.6014-20 caps we should see losses to 1.5937-51 and 1.5894 MAIN ANALYSIS : We saw support break for losses to just 2 points above the 1.5973 projection. Once the current consolidation is complete it should trigger losses down below 1.5975 to the 1.5937-51 area. However, expect a second correction back to the 1.6000-14 area and from there the downtrend can extend back to 1.5937-51 and later to the 1.5894 projection. From here I'd expect a much deeper correction. COUNTER ANALYSIS :Thu, 17 Jan 2013 01:38:26 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/17/http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/15/02/BIAS : Cautiously I feel this will go lower today MAIN ANALYSIS : Losses seen yesterday to 89.08 but followed by a firm reversal higher back to 89.57 this morning. I have been working with the structure from the 86.83 low and feel that a deeper correction lower is still required, but less excessive than thought before. Thus, while the 89.57-67 area remains intact a move below 89.36 would extend losses back to the 89.08 low and probably the 88.70-75 area. Take care here as this could cause aTue, 15 Jan 2013 07:21:07 GMThttp://www.fxstreet.com/technical/forex-forecasts/iancopsey@harmonic-ewave.com (Harmonic Elliott Wave)http://www.fxstreet.com/technical/forex-forecasts/the-daily-forecaster/2013/01/15/02/