Wave-Watcher

Wave-Watcher Updated 

On the 4-hour chart, the EURUSD pair is currently completing its corrective waves. A bullish move is anticipated. However, a potential reversal and correction could occur around the key ABCDE correction point at 1.08221. Despite the possibility of a pullback at this level, shorting the pair may carry high risk. The broader outlook suggests that the bullish...

Wave-Watcher Updated 

After completing its motive 1-5 wave pattern upwards, the pair has initiated a correction phase. We are currently observing the development of the C wave in this correction. Upon the completion of this C wave, I anticipate a bullish movement aimed at filling the existing market gap. Once the gap is filled, I expect a reversal, providing a potential sell opportunity.

Wave-Watcher Updated 

The pair is currently correcting downwards, and as indicated on the chart, we can expect the E Wave to hit the 0.382, 0.5 or 0.618 Fibonacci levels at 1.07845, 1.07494, 1.07143, respectively.

Wave-Watcher Updated 

A low-risk short opportunity for EUR/USD from close to the resistance of the previous trend line.

Wave-Watcher

A head and shoulders pattern can be formed for USD/CAD, and I anticipate a sell opportunity for the pair from slightly above the trend line.

Wave-Watcher

In my analysis on the EURUSD pair, it appears that we have completed our 1-5 minor waves and are presently undergoing a corrective ABC wave downward towards the current wave Fibonacci major levels. Following this correction, an uptrend move is anticipated to reach previous wave's Fibonacci levels.

Wave-Watcher

In my short-term wave projection for XAUUSD, I anticipate a price reduction driven by an impulsive wave downward.

Wave-Watcher

In the 1-hour chart, USDCAD has completed its 1-5 waves and completed a correction with wave A. Now, it's poised for a downward movement with wave B, followed by an upward movement with wave C targeting the daily resistance level. From there, a new downward wave can be expected.

Wave-Watcher

Upside Breakout: If the price breaks above the upper red trend line with confirmation, it suggests a bullish breakout. Downside Breakout: If the price breaks below the lower green trend line with confirmation, it suggests a bearish breakout. Entry: Upside Breakout: Consider a long position with confirmation above the upper red trend line. Look for a move toward...

Wave-Watcher

Corrective waves are almost finished. We could see impulsive waves starting soon.

Wave-Watcher Updated 

As shown USDTRY is correcting & could touch 38-50% FIBO levels of the last motive wave.

Wave-Watcher

USDTRY has two potential movements from this point as illustrated.