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In this section we show the continuation of the correction of GBPAUD for which we expect in a range of 4H is the illustration of image that we use in this example that the market falls
In this analysis we show the corrections that have been made with the passage of time in the GBP AUD currency
Hello, how are Traders? Thank you for visiting my Analysis today, one of the currencies we analyzed will be the one of AUDJPY where we observe a setback of the 81,141 Finding support which we expect a consolidation accepting said line to continue to rise. Remember that we are in Corrections for which we apply the methods as Harmonics and Wolfe Wave
In this currency, as we can see the behavior of the market, wave 3 has been completed, so the price has progressed in performing wave 4, which this wave has been and carried out by the harmonics method, because B does not pass to X the pattern is respected which waits for D to reach a point of failure which the price will oscillate between 1.50500
The currency EUR USD has finished the cycles of EWT now the market will decide without continuing with the direction or making a reversal, for which we hope that it will consolidate in the area
The price made a setback consolidating in the area waiting for it to break the TD to confirm the rise
The AUDCAD price is only taking a step backwards to the upside
We analyze that the GBPUSD market is having too much turmoil so the market will still be dominated by the Bears for a certain moment of continuation
The GBPJPY market has been consolidated with indications that the market could rise again to stop dominating the bear and start the Bulls
The EURJPY market has been found very consolidated which has been sending us false signals which indicate that the price is being pressed by both sides Bulls & Bears. We analyze the market and we indicate that the price will go back to the consolidation zone.
As we have been witnessing the EURCAD currency market. The Bears have been dominating the market which has been leading it in the EWT momentum zone. Therefore for these setbacks that the market has been doing. We still do not find a consolidated area.