The pair has broken out of the 2 months consolidation which completed the right shoulder of the head and shoulder pattern formation, the neckline is broken and retested now i expect the price to drop down to the support levels around 0.62043 and even 0.59402
According to the Eliot wave analysis, Gold has successfully completed it 5 wave bullish movement, now the price is set to form 3 corrective waves, or the ABC and or the 123 moves
The S&P500 consolidate with a bullish reversal pattern, the swing traders are waiting for a breakout of that pattern to enter long, a break of the resistance level around the 4200 handle the price may rise to the levels around 4624 and our resent high at around 4822 is a possible target for Bulls, if the support at around 4095 can't hold the weight, the bears...
Eurusd pair may face a downfall to level 1.0517, if that level can't give enough support for the Euro, downward pressure may continue pressing the price down to the support level at 1.0217
Eurusd pair is set for a short term downfall, the price may fall to the support levels at around 1.0516 if it breaks that support level we may see price fall more further to the level around 1.0217
GBPUSD looks bearish in a short term scale, i expect the price to drop to the support at 1.21886 a break of that level will lead away down to the support level and at around 1.20124
Expect the Ausie Dollar to retreat against Kiwi for the week ahead
Bitoin is retesting the breakout of that neckline on the daily chart time frame
Gold is reversing, trying to attract some few buyers,