If today's (7th July) close is above the monthly pivot, it confirms the up move and the initial target is 1.3045 (R3).
See the chart analysis for the details.
One more dip to 1.1176 area is expected for EUR/USD. Following up move will bring the price to 1.1465 area. Breaks above 1.11297 (without breaking below 1.1207) invalidate this view and the bottom is already in place.
Sell GBP/USD and TP @ 1.2515. Following up move brings the price above 1.2900.
USD/CAD is in long term down trend and the minor wave C of ABCDE structure of the major wave-I is near completion. Minor wave-D brings the price back to 1.3858 and the following wave-E completes the major wave-I at about 1.3000.
See the chart for the analysis. Support in this week is @ 1.1025, Profit target is 1.1310.
GBP/USD Selling opportunity. See the chart and my previous posting.
GBP/USD losing steam, 1.2325-1.2390 is a resistance area. Next downward target is 1.1790.
1.2016 is a minor support for GBP/USD, 1.2250 is a resistance. The next downward target is 1.1790.
The initial resistance for the gold is at 1527.00, Buy gold again @ 1480.00, TP1 is 1575.00, TP2 is 1605.00.
Short term support for USD/CAD is in the vicinity. Trade - 1: BUY @ 1.2960, SL @ 1.2950, TP @ 1.3140 Trade - 2: SELL @ 1.3140, SL @ 1.3150, TP @ 1.2840.
Sell GBP/USD @ 1.2630 with SL 5 pips above, TP @ 1.2360. Good Luck!!
GBPUSD found a short term support and continues the down trend to 1.2410 area. Trade 1; SELL @ 1.2565, SL @ 1.2580, TP @ 1.2410. Trade 2; BUY @ 1.2410, SL @ 1.2370, TP @ 1.2850.
Final up leg for EUR.USD is starting soon. BUY EUR.USD @ 1.1240, SL @ 1.1230, TP @ 1.1424.
Gold is facing weekly resistance (R3) soon. Trade - 1; SELL GOLD @ 1460.00, SL @ 1470.00, TP @ 1425.00. Trade - 2; BUY GOLD @ 1425.00, SL @ 1420.00, TP @ 1570.00
GBP/USD SELLing opportunity is there with CAUTION. SELL @ 1.2760, SL @ 1.2770 (on Daily Close basis), TP @ 1.2360.