USDCAD Possible reversal @ 1.3185 level. We can clearly see hidden bullish divergence formed on 4 hour time frame and also as per wave analysis wave C of ABC corrective pattern is still upside upto 1.3500.
Possible reversal on GBPUSD pair @ 1.3130 level. As per wave analysis GBPUSD pair progressing on corrective ABC pattern, In this wave B Of C to be completed at 1.3130 level. Impulse wave C downside to 1.2800 level is possible on coming weeks.
AUDUSD Price action is sideways from Monday. As per wave analysis Short term corrective ABC pattern is forming. Already wave A & B are completed wave C is progressing, target for this short term impulse wave is 0.6863 to 0.6875.
USDCHF further upside on intraday is stopped by weekly resistance zone @ 0.9916 - 19 levels. I am looking for price might go move downside towards monthly support levels @ 0.9860 - 50 Zone on coming days.
My last post on GBPJPY target reached @ 140.80 level on Monday but proper reversal price action not happened in that level price broke that important resistance level. Right now pattern formation looks like Irregular pattern is possibility is very so i am looking for further price action on coming days. If price moves above 140.80 level then we can expect 141.65...
Crude oil currently trading on sideways pattern, As per elliott wave pattern Double Zig Zag pattern is forming . I am looking final leg upside to finish this pattern.
Enter Long @ 55.35 -- TP @ 59.00 -- SL @ 54.00
GBPJPY trading under complex corrective pattern on short term. Due to very short and short term signals are showing buy signals that why pair went sideways, but medium term signal in short side. We can expect impulse wave upto 140.90 is possible on coming days.
USDJPY pair medium term pattern is more complex. As per My wave count this pair near to reversal level of B wave of ABC corrective pattern and also we can clearly see ending diagonal pattern is forming on wave C of b.
EURJPY trading on Medium term ABC corrective structure. We can expect some retracement to 120.60 level before the impulse wave downside to 118 level.
SHORT TERM SIGNAL IS BUY upto 120.60.
Medium Term SHORT @ 120.60 -- TP @ 118
The USDCHF currency pair appreciate from monthly support levels and gained nearly 75 pips and trading in between weekly support and resistance zone. There is lot of chance to brake the resistance zone 0.9932 - 0.9939 level and move further upside upto 0.9970 resistance zone on coming days.