abc correction as seen on chart may appear after completion of five impulse waves. After completion of ABC pattern ,Bulls will be active for the new high.
Bulls will wait to enter near channel support at 1.24700-1.25200. Low-risk entry at channel support for the Target of 1.28
USD/CHF may see 0.92200 Above 0.92200 for the target of 0.92600
GBP/JPY seems like abc pattern . C wave might be started for the Target of 150.600 SL 149.330
GOld on Weekly frame is in 5th wave On daily frame in 3rd wave. 2nd wave was deep and closed near 1750. Expected this 3rd wave inside 5th wave may extend upto 2200-2300.
1.abc or new impulse wave begun. 2. Stop level 0.84700 and Target 0.90-0.91 3. Strategy - Buy on Deep
WXYXZ Coorrection pattern has been finished @ 1705 Now new impulse or ABC Pattern is started and Towards 3000-3300 Strategy : Buy on Deep
GBP/JPY is in the 5th wave and after completion of 5th wave, it will give ABC Correction which is a good buy opportunity. It may complete between 50-61.8 Fibonacci retracement as showing in the chart.
DXY Elliott Wave Analysis . Support near 91.800 Resistance 92.400
USD/JPY Stay above 110.400 for the Target towards 111/113
XAU/USD Buy @1862 SL 1857 TP 1874 Risk : Reward - 1:3.8
BUY Near 1.21300 SL 1.21160 TP 1.21800
Gold is in 5th on higher time frame. Sub wave 3rd is going on. Inside 3rd wave waves as 1,2,3,4,5 2nd wave completed @ 1870 and micro wave 3rd Target is 2003 Buy with Stop level @ 1870 with the target of 2003
DXY Pivot Point is 89.985 Current Market price @ 90.140 Below 89.985 for the Target of 89 Above 89.985 for the Target of 90.400/90.600 Weekly close above or below pivot point 89.985 is lead to any direction.
USD/CAD 5th subwave inside 3rd on downtrend as showing in chart. subwave 5th target 1.18500 sell near 1.21040 with Stoploss @ 1.21340 Target 1.18500
DXY is in 5th wave of downtrend .We can see 1st wave of 5th wave is completed and 2nd wave retracement is unfolding. It may take resistance near 90.250-90.375 for the Target of 89 Above 90.600 this waves are invalid. Strategy - sell on High