With economic data consistently underwhelming, DXY may test 89.55 support at 0.5 Fib.
AUDUSD long term bullish trend is intact if price stays above 0.7500. This trend was started in 2001 and the trendline has been tested every 7 years.
It appears XAUUSD may repeat last years (2014) bearish bar pattern.
USDOLLAR (similarly DXY) is forming a falling wedge bullish pattern on price action and ROC9 oscillator. A target TG at 12150 can be set on breakout. A breakdown from 11709 support level will invalidate this pattern.
BUND is negatively correlated with EURUSD. The 5% rise from dead today may lead to EURUSD bearish trend continuation provided BUND breaks 1.2500 resistance.
EURUSD may not be able to cross the Rubicon near 0,236 fib retracement level. But this will depend on NFP release this Friday if the data is not overly bad.
USDCAD rising from 0.382 fib and trendline support. Target TG can be set at 1.2800 level. ROC 9 also shows breakout from oscillator trendline.
EURGBP may be forming a bearish Gartley pattern at the top of the channel. A short position can be taken at the top if the channel resistance holds. Target can be set at 0.7200 level.
GBPUSD has reached a critical juncture. A KoD pattern is being formed along with AB=CD before Interest rate decision. It may resume bearish trend or breakout from trendline. This will all depend on tomorrow's US GDP numbers and Interest rate decision later in the day.
USDCAD is in a cup and handle pattern since 2009. Currently retreating from the rim and seems to be making a handle which may find support at 1.1750. Short term bearish. Long term bullish
EURUSD making double top at bearish trendline. If trendline holds, a target TG can be set at 1.0500. Will be considered bullish only above the resistance level at 1.1050
NZDUSD deflected from the bearish trendline resistance at the beginning of CD leg of ABCD pattern. If the trendline holds a short target TG can be set at 0.7000.
WTI may be finishing Wolfe Wave 4-5 leg. Target 48.00 and 44.15 if breaks down below 54 level support.
NZDUSD may be double topping at the massive resistance near 0.7700. Bearish divergence is also developing on ROC. Short targets can be set at 0.7415 and 0.7175. Setup is invalidated if the resistance is broken.
AUDUSD is buoyant after labour market data. Although there is a bullish divergence but will be considered bullish only above 0.7800 handle if it breaks out of bearish trendline.
USDJPY bouncing off bullish trendline with hidden bullish Divergence on ROC. A target can be set at 122 level.
GBPJPY bouncing off previous triple bottom support which occurred in early Feb. Two targets can be set towards a strong resistance at 181.50 and 185.00
AUDUSD may breakout of the wedge to complete AB=CD pattern towards the 0.7900 target. There is also a confluence of strong structural resistance at this level (red line).