UnknownUnicorn7370629

UnknownUnicorn7370629

AUDUSD. The correction has completed at the 38.2 fib level and the price will turn bearish for the next week. As US dollar is gaining more strength, most of the XXXUSD pairs will remain bearish. Last week was a correction period for all the pairs. We saw GBP turning bearish after some economic data and the upcoming week will provide more opportunities to look for...

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AUDUSD. The correction is close to finishing and the price will soon drop again as the dollar will gain more strength in the coming week.

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EURUSD. We are currently in a corrective phase after an impulse last week. Tomorrow the price should start moving lower, followed by another impulse to the downside next week.

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GBPUSD. It seems like an ABC correction that should extend to the previous resistance (and 100% of wave a). The price will be bearish once the correction is over.

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TSLA. Price is still in the corrective phase. Buying opportunities will come up after a few more weeks or downward movement.

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EURUSD. At the resistance and Fibonacci retracement zone. Today can be a good short on this pair. Manage risk while trading.

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NZDUSD. Short after a retracement to the resistance zone. Wait for the price to turn bearish. Manage your risk levels.

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BTCUSD. Bitcoin. A simple breakdown of the price action on Bitcoin. There seems to be a good possibility of the price sliding lower, or at least back to the 30k level. A break of the 30k level may imply more weakness in the coming weeks. Though it is clear that we're only in a corrective phase on all the cryptocurrencies, it may be a good idea to wait and see the...

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CADJPY. The downward seems more likely from this point and the previous waves can be marked as completed 5 waves. Remember, this will remain an alternate move only, until the upward trend channel breaks to the downside. We can expect a good downward move from this point. USDCAD has also started its impulsive move to the upside this week. This also implies...

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Gold . XAUUSD . It seemed like gold had started the bullish cycle once again until we saw the dollar strengthen this week. As the price is running back in the downward channel, the short scenario seems more likely and we may see another low on Gold into the 1650s. The alternate scenario ( bullish ) is mentioned below. Manage risk while trading.

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NZDCAD. The price seems to be correcting for the past few weeks and as it could be retesting the previous downtrend channel. We could see a buying opportunity on the pair very soon.

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XAUUSD . Gold . The price is moving in a corrective pattern and should continue to the upside from 0.5 fib level. Watch out for buying signals around the current price level for a higher target. Manage risk while trading

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CADJPY. The upward movement can only be counted as a corrective pattern as ABC. This means a potential reversal is coming, but it seems like there's still more room left for upward momentum. The 200% fib level coincides with very strong resistance on the weekly and could signal a reversal sign from there. For the short/medium term, long positions can be...

UnknownUnicorn7370629

BTCUSD. Bitcoin. The pair will break the consolidation very soon and give short term opportunities to buy/sell. It clearly isn't ready for the '100k' move yet, so it seems to be a better idea to make short term trades and look for higher momentum to opt for another high on the price. There can be a possible correction further to the downside, or a possible double...

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USDJPY. The pair will go through another down correction which will mark the C wave. After the retracement to 50-61.8 fib level, the uptrend shall continue with higher targets to the upside.

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AUDUSD. The correction is very complex and tedious on the 2nd or the B wave. There's a good possibility for one more push upward into the resistance area 0.7812-16. After which, the downward correction may continue towards 0.74. Manage risk while trading.

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NZDUSD. The correction has almost ended on the pair. Look for longing opportunities from the previous trendline.

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NZDCHF. Don't miss the next move to the upside. The ABC correction seems to be completed and the next impulse should begin here as the price retraced to 61.8 fib. level.