GBPUSD seems not able to continue to 1.42000 and is about reverse seeking liquidity. 1.40000 is the first target, a breakout there will lead us to 1.39000.
AUDNZD is playing in a channel in the daily time frame. The down-trend is over, and a new up-trend just started.
AUDNZD is moving in a bearish channel, it's facing now a high volume resistance and clearly forming a correction pattern which means that price don't want to go up. Seems like we are going down.
EURUSD was in an up-trend in the past month due to Dollar weakness and Euro strength, Dollar seems recovering, and EURUSD just close the week below 1.20600 after testing 1.21000. For this week price could drop reaching 1.18900.
AUDUSD was ranging in the past two weeks and price show a strong daily resistance at 0.78000-0.78200 (which is a psychological level too), and seems that it is not able to break it and forming a triple top. If we expand the view to the daily bar chart, AUDUSD is about to complete a head and shoulders pattern. For this week we are looking for short setup, and...
Price faced a strong resistance at 130.600 and look like it is not able to make a valid breakout. Yen index showing strength. The short scenario have higher odds. Let's wait a breakout of the trendline. Loading.....
Congrats for those who take this when I published it on Monday. 150 pips achieved... Monday xauusd analysis⇩⇩⇩⇩⇩⇩
DOLLAR INDEX seems like reacting well to ELLIOTT WAVES. And dollar should recover after two bearish months.
EURUSD is facing now a strong weekly resistance, and seems like we are going down, and DOLLAR index seems recovering. Let's go bears.
DOLLAR is getting weaker and give us opportunities in gold. Gold is swinging in a clear channel. waiting for a buy confirmation.
EURJPY was ranging in the last two weeks. YENN index is showing strength. PATIENCE....
As we said last week, JPY will strengthen and EURJPY will fall.
EURUSD is about to complete a 62% retracement like the EURO index and USD index. It is a crucial level for determining the next direction
YEN index showing strength, causing a reversal in EURJPY. Bulls pressure on the euro will soon weaken. Will see how much the 130.1 resistance area will hold. Let's wait a correction to go short.