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7pasos 7pasos PRO AUDUSD, 120, Short ,
AUDUSD: AUD will break down its support but bounce back then
557 0 11
AUDUSD, 120 Short
AUD will break down its support but bounce back then

The AUDUSD is poised to break below it's support. The last polls shows 5 times more analyst expecting a rate cut of 25bps for the next April 7th meeting than the previous weeks. 78% chances for rate cut priced by the Mkts (Rtrs). Even when previously have more preference for the gray wave count, the break below the wave ii (gray) discard this idea and places more ...

7pasos 7pasos PRO NZDUSD, 240,
NZDUSD: I'll wait for more confirmation.
353 3 8
NZDUSD, 240
I'll wait for more confirmation.

2 months ago told you I was expecting a decline in the NZDUSD, then a little push higher appeared and did a little bit more diffuse the scenario. The main problem is because is hard to see a clear 5 patter although is not impossible to count one. If you consider a very disproportionate expansive triangle for wave iv) then is possible the end of this correction be ...

7pasos 7pasos PRO XAUUSD, 240, Short ,
XAUUSD: Gold could face new downward pressure
390 0 8
XAUUSD, 240 Short
Gold could face new downward pressure

After forming a first down impulsive movement, the price has formed an expanded flat. You can discard other kind of counts like a zigzag in the first part of the decline because after it's bullish rebound the price descended in a zigzag fashion pattern and there after the price get new highs from the last lows. After initial pullback that could be deep, this ...

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