EurUsd moving up within parallel trend lines.
Looks like ABC correction after sharp drop is done. Should continue going down. Or we could also see double correction.
EurUsd is up in a long run. We don’t know when correction will be over but we know fiber is in uptrend.
Expect minor correction on D.
UsdCad Blue wave (A) is complete. We don’t know where blue wave (C) will end. Canadian Dollar.
EurGbp is going to retest the trend line. And that area is ~50% of fibonacci retrecement & 161.8 of fibonacci extension.
XauUsd should test $1830 again. Precious Metal
EurUsd that trend line has already been tested 3 times. If broken, price should find support around 1.1505.
XauUsd should continue down. Gold should revisit 1860 zone again.
Wave 5 & 3 have given divergence. Expecting ABC correction which will complete wave 2.
XauUsd is correcting. That support zone is ~35% correction.
Strong divergence on D. Ascending trend line should break. Possible closest target is 1.15055, sl @ 1.2013.
Red trend lines are parallel. 1.169 is an important level. If broken then price can extend lower till 1.15.