GBP/USD could start a bullish impulse in Intermediate (C) (green).
EUR/USD could begin a bullish impulse and an aggressive rise in Minute iii (green).
USOIL (WTI) could start a bullish sequence in an impulsive manner.
XAG/USD is expected to continue the bullish sequence and the impulse, within the currently labeled extension.
XAU/USD could continue the bullish sequence in an attempt to finalize Minor 3 (green). If and when that occurs, a consolidation would be expected, followed by a last bullish wave.
DXY could commence an extension in Minute iii (red) of Minor C (red).
Flash-back: I called the previous big drop: Down-trend unfolded with overlaps. Elliott Wave Analysis EUR/GBP labeled in an Intermediate degree (A)(B)(C) (red) sequence. Patterns: - Running Flat in Minor B (blue), sub-wave of Intermediate (A) (red) - Expanding Flat in Intermediate (B) (red) 1 - Expecting a pull-back and then a last drive on the...
USD/CAD labeled in a Primary degree X (turquoise), within a Double Three pattern in its Minor WXY (purple) sub-waves.
AUD/USD labeled in a Bullish Intermediate (C) (blue), with Minor 1 (green) and Minor 2 (green) complete. Expecting a Bullish Impulse, a rally, to start and show a big extension in Minor 3 (green).
USD/CHF labeled in an Intermediate degree (B) (blue), within a Double Three pattern in its Minor WXY (purple) sub-waves. MInor W & X (purple) finalized and within Minor Y (purple), its Minute A & B (red) sub-waves have also completed. Expecting Minute C (red) to commence a bearish sell-off, with a sustained down-trend, in an aggressive and impulsive manner.
USD/JPY labeled in a Minor degree ABC (red) sequence, with Minor A (red) and Minor B (red) finalized, showing a Bearish Cypher in Minor B (red). Minor C (red) already started, with Minute i (red) and Minute ii (red) finalized. Expecting a Bearish Sell-off in Minute iii (red) of Minor C (red), with an extension and a sustained down-trend.
GBP/USD labeled in a Minor degree ABC (green) sequence, with Minor A (green) and Minor B (green) finalized, showing a Double Three in Minute degrees WXYXZ (purple). Expecting a Bullish Rally in Minor C (green), with an extension and a sustained up-trend.
EUR/USD labeled in a Minor degree C (light blue) wave, with Minute degrees i & ii (green) complete, showing a Zig-Zag in Minute ii (green). Minute iii (green) has started its sub-waves Minuette (i) & (ii) are also complete, with a Running Flat in Minuette (iii) (black). Expecting a rally, a bullish impulse and an Extension.
Silver labeled in a Bullish Impulse, with an extension in play in Minuette ( iii ) (black) of Minute iii (green). Expecting a rally, a bullish journey.
Gold labeled in a Bullish Impulse, with an extension in play in Minuette (iii) (black) of Minute iii (green). Expecting a rally, a bullish journey.
Minute degree ABC (red) sequence with a Running Flat in Minuette (iii) (black). Expecting a bearish impulse and an extension, a USD sell-off.
WTI (Crude Oil) labeled in a Bearish Impulse, with an Extension. Expecting a last sell-off and then a bullish trend.
XAU/XAG – Monthly Resistance & Support: Resistance: 86.00 Support: 74.00 XAU/XAG – Summary: Expected to start a Bullish Swing from the current 79.00 Levels and complete the Ending Diagonal pattern at or around 86.00 Levels Bearish Impulse expected at or around 86.00 Levels