It seems that the cable is moving on bullish correction/ new bullish wave for the short term. I expect the price to make a new low below the 1.3518 level. Then, a new bullish wave to 1.3600 level will be formed. PS: The price may start moving up without making a new low below 1.3518 level
I think Bitcoin will start moving down soon to the $64k-$58k. I don't suggest buying the high for the moment!
According to my analysis, the cable will make another downside wave on Monday. The price should go down below the 1.3419 level one more time before the next bullish movement gets started.
I think the USDCAD will drop today to the 1.24-1.2370 level. Then, it will start a new bullish wave in the next trading weeks.
I expect the EURUSD to drop during FOMC below the 1.1535 level after making some corrections to 1.1620-1.1640 levels.
I expect the downside movements to start during the RBA Rate Statement. The AUDUSD has almost completed a correction wave and should make a new daily low.
The GBPUSD may start moving down to 1.33-1.30 levels in the next week after reaching a new daily high level. The EURUSD will follow it too.
This is an update for my last analysis on this pair, the USDCAD is likely to move down below 1.2300 level during today's BOC rate decision. Then, the pair will start a new bullish movement to 1.30. Let's see!
I suggest you buy GBPCHF next week, the pair should hit a new high level around 1.30-1.32 levels.
The pair is still moving according to my last analysis last year. The upside movements will start in the next few weeks.
This pair is overbought, I expect a strong downside in the upcoming weeks. The pair can drop +300 pips in few days in order to complete the C wave. In general, I suggest you avoid trading this pair for the next weeks until everything is clear because there is a possibility of a strong upward movement to 119-125 in the next few months. You don't want to get stuck...
I'm back again... Let's start with the USDCAD... There is another possible scenario, I will publish it if the price starts moving according to it. But, in the short term, the price will move up.
The price has almost completed the A wave and now we should see some retracement to 0.93xx level before turning down again...
As I was expecting before, the price moved up and now I think the Y wave has already completed now and the price will move down to break the previous low or at least make another correction wave to the 1744 level.
I expect the GBPJPY to reach 148-147 levels this week after the correction ends around 151.50-152 levels.
The price needs to make higher high before turning down.
This pair started the correction as I was expecting in my previous analysis. Now the price should make a new high around 1.1940 level before start falling down to 1.1830-1.1820 level.
We have the USDJPY pair which moves in the opposite direction of Gold, so when the gold starts moving up, the USDJPY will move down. This is what I'm expecting this week, I believe that the USDJPY is overbought, the pair has already reached 110.30 level without any correction on the daily and weekly time frame. For this week, I think the price will move down to...