gbpcad I see a sequence of minimums and maximums each time higher, the first correction was much deeper and faster which in wave 4 we appreciated a slow and superficial correction, very good correlation between waves
Silver right now giving a new upward impulse, possible formation of a final diagonal and then making a much larger correction.
usdcad momentum and clear correction with slow accumulation which an explosive reaction to the rise is expected, let's see it together.
a very solid intersection between the bullish channel and the bearish channel together with the 61.80% fibonachi which shows us a rejection of the upside, we will see a possible rise in nzdusd.
eurusd, in my opinion, we make downward decisions hoping that the price will fall to the 61.8% levels of the previous impulse. Let's wait for its development in the coming days.
We are seeing a possible correction to take purchases. The analysis is based on Elliot waves.