This is what I currently see on the hourly timeframe.
NZDCHF has been trading in a sound channel to the upside. According to EW we're currently in the last 5th wave and I expect price to rip all the way up to the 61.8% Fib.
Looks like we're about to see a ripper to the upside. The first target is the 38.2% fib and the second target is the 61.8%-67% fib.
Solana did a textbook motivewave all the way up to $256 before retracing into the fourth wave of the preceding wave count. I expect it to bounce to $60 now.
Looks like the EW motive wave will soon create a triple top, which will give as a nice opportunity to short this pair. So far it has been trading perfectly withing the trend channel. The Blue box is the final target to the upside, before it begins it's way down into the red box.
Looks like GBP wants to make a run for that 1.2550 level.
Looks like EURGBP finally found a bottom and is setting up a nice move to the upside. Price has crossed both the 100 and 200 daily SMA and is trading above both of them. Wait for the pullback into the 61.8% retracement before you go long. The take profit area is at around 0.900 (Blue box). If we get the retracement that'll give us over 450 pips.
When you look at the chart you'll see that it has formed a nice and clear triple top. I expect it to drop into the area between the 61.8% - 67%fib.
After forming a double top on the weekly chart it's time to short soybeans. The low of the 4th wave (blue box) is the target.
Haven't posted anything in weeks due to personal issues. Here's another analysis of the AUDNZD pair on daily chart. As we can see it has completed a 5 waves move to the upside and I expect it to retrace into the blue box, which happens to be the 61.8% retracement of the entire move starting from 11 Sept. 2021 until 16 June 2022. We just broke out of a rising...
CADJPY has completed a nice motivewave to the upside and should now retrace into the territory of wave 4. Also MACD histogram is pointing down, so we have a bearish convergence on both the chart and the histogram. I expect our second target to be at aroud 95(The bottom green box).
Didn't catch this move from the very beginning, but it's still strong and grinding up inside a bullish channel. The green MA is a 100 SMA and the black one is a 200 SMA and as you can see price is moving away from them to the upside. Take profit zones are outlined green. The first profit zone should be between the 61.8 - 67% Fib
CHFJPY with mid term target. The pair has established a nice channel to the downside and I expect a bounce at around 130.750.
Our first target, as outlined earlier was hit. We're now inside a very clean bull flag and we should bounce off the green support box at around 61.8% - 67% fib, before we resume our next leg up and finish our fifth wave. For reference see my earlier analysis from April 22nd.
Looks like AUDCAD has finally found a bottom at the 261.8% Fib, which happens to be the end of the A wave. We had a nice uptrend from 28th of January until the 5th of April, where it topped out and formed a rising wedge. It then retraced into the area of the 4th wave from 16th of March. I now expect price to run up into the green box, before it starts...
EURAUD has just completed a very clean Wave 1 and a corrective wave 2 and is now trading in a wave 3 to the upside. I expect wave 3 to top out at around 1.491. Wave 5 should end at around 1.528. Both take profit targets are outlined in my analysis (The green boxes). Happy trading.
Badger has completeted a retracement to the 61.8% Fib and is inside a nice bull flag. We are also seeing a nice and clean 5 wave EW pattern followed by 5-3-5 ABC Zig Zag pattern all the way down to the 61.8% fib. I expect it to rip to the targets, as outlined on the chart.(Blue lines). We should top out at around $17, followed by a retracement to around $13.
As you can seen the British Pound has completed 5 waves to the downside and is trading in a corrective ABC wave. Wave B found support at the 61.8% fib and wave C is on. My take profit targets are the two blue boxes. We are also witnessing the process of forming an inverse H&S pattern. MACD is showing a strong convergence as well.