The first impulse - update

The 4th correctional wave was a bit higher than initially excpected, giving more room for 5th to go.
So, I expect the current 3d to complete this Monday morning (East Coast time zone). The 4th may be a strong one, leading to the formation of expanded triangle.

As for the EURUSD, things seem to be a bit in advance to the stock market. A strong reaction to NFP figures means the 4th wave is in the making and should complete under 1.25 on Monday:

USDHUF as a mirror of Eastern Europe

Just some ideas about the impact of the bear market on Eastern Europe in coming months:

The picture For the Russian  ruble and Polish zloty will not be very different 

The first impulse

The picture in the markets seems to get clearer.
In my opinion, next week we're going to finish the first bear impulse for the DOW. The currencies also seem to start looking to stabilize before the correction of the downtrend will start.

Among all indexes, The Dow has the clearest picture:

And as for currencies, I expect euro to over perform the commodities dollars (AUD, NZD, CAD)  before the bottom of this impulse (in DOW) is reached. The base for EURUSD will be probably built over 1.24 level:

Is AUDUSD done?

One of the  key components of the global markets - AUDUSD is showing some strange behaviour, that could translate into the full-blown panic in not so distant future.
In the coming days we should find out if the current wave is an impulse as shown bellow and hence if we could expect an unravel of carry trade in months to come.

May AAPL ever disappoint? Isn't the stake too high this time?

It seems to me, the AAPL sellers won't wait untill the figures areout in April:

Of course, the Nasdaq100 is highly correlated to AAPL and it seems to be close to at least a big correction: