A strong support area around 1.080 aligns with the trend line. I am expecting to reach that area for a reasonable R/W.
AUDUSD is making H&S pattern. If pattern competed, then I expect to break the top. First, I need to see the breakneck then pull back. Here are two targets as shown on the chart.
GBPUSD H4, it looks like a H&S pattern to me and it did pull back. Expecting two targets TP1 1.21462 and TP2 1.22173
EURUSD currently is in the range and looking for breaking the range towards the target 1.09364
GBPUSD did not break the top, also there is no reversal candle formation on daily tf. Still very strong up trend on weekly and daily chart.
NZDUSD has formed a H&S Pattern in 4H. Target 0.61280
GBPUSD broke down consolidation, but DXY was too weak to bring it down, however as long as it is within consolidation area, it could still go down. As the bigger picture is uptrend, I do not think downside would be a big move. Most likely the monthly candle will be closed in bullish to finish up EOY with bullish candle.
EURJPY has formed into WolfeWave with MACD Divergence on Daily chart. Expecting price to fall into estimated price of 130.60 to hit Wolfewave target. Technically, target is whenever the line 1 to 4 is touched.
USDCAD made a nice cup pattern and going to retest 1.3560.
Gold is in correction, and I am expecting price to touch 1808.00 before going down. Big fall ahead to 1200 possible.
Inside bar candle has been formed in daily chart. Depends on which side breaks out will determine next move. However, breaking up towards target 1.21400 is more possible.
EURUSD also needs a bigger correction before going back up. Here what I see for this pair.
Here is what I see the correction before continuing upward. It could go lower than 1.16260.
After retesting $1.0000, most likely it is going to break the top. If breaks the top and closed, the next target would be 1.0380.
USDCAD has completed H&S pattern and already broke the neckline. waiting for the reasonable entry with approximate 600 pips profit.
Simple Higher high and higher low-price action. It all depends on current support to hold and to see reversal from here.
Trend line has not broken yet. I expect to see to retest the supply level before going down. However we have NFE news today and it might to break the trendline or going towards supply level. Trade with care.
This is my idea on EURUSD, usually the empty triangle gets fill in, which means I expect more downside and possibly break the low.