I expect another rally after a correction in stock market for the last month of the year as Santa rally!
Based on my analysis an ABC pattern is going to happen as a corrective pattern for the recent bullish impulsive waves.
0.62921 is the price target for AUDUSD which is a resistance zone
The dow jones index, which is the value of the 30 largest US-registered corporations, is probably going to touch higher price levels after a corrective wave.
Gold is going to touch 1850 and 1830 before its mid-term bullish targets above 2000
Considering Risk-off sentiment and the relation between NZD and AUD
I suppose China's weak PMI data and lack of demand, would affect Australia's trade balance and tomorrow RBA will skip!
Weakness can be seen in the bullish trend and price movement in comparison to the other bullish waves but I think USDJPY would complete its upward cycle due to the economic situation
In order to complete a cycle of waves, the cable is probably going to touch the specified price levels.
I know that this analysis would be somehow challenging and controversial one! Considering the US PMI and labour market data, I expect a corrective C wave which is probably the last correction of wave 2 of the major 5th wave. Remember that the bullish target for the final 5th wave is around 2400 and above. The invalidation level is specified on the chart!