Over all global trend is bullish. In short term we can expect some correction. Go short @ 1.1855 -- TP 1 @ 1.1694 -- TP 2 @ 1.1650
I am looking for short term upside upto 1.3330 as BREXIT Issues, after that strong downside is possible upto 1.2750 level.
GBPUSD price approach to 1.3169 strong intraday resistance zone we can Sell with take profit of 1.3080 -- 1.3072.
USDCAD Possible reversal @ 1.3185 level. We can clearly see hidden bullish divergence formed on 4 hour time frame and also as per wave analysis wave C of ABC corrective pattern is still upside upto 1.3500.
Possible reversal on GBPUSD pair @ 1.3130 level. As per wave analysis GBPUSD pair progressing on corrective ABC pattern, In this wave B Of C to be completed at 1.3130 level. Impulse wave C downside to 1.2800 level is possible on coming weeks.
All major currency pairs fell into the sideways pattern. USDCAD approaching 1.3245 support level before further upside.
USDJPY pair medium term pattern is more complex. As per My wave count this pair near to reversal level of B wave of ABC corrective pattern and also we can clearly see ending diagonal pattern is forming on wave C of b.
AUDUSD Price action is sideways from Monday. As per wave analysis Short term corrective ABC pattern is forming. Already wave A & B are completed wave C is progressing, target for this short term impulse wave is 0.6863 to 0.6875.
USDCHF further upside on intraday is stopped by weekly resistance zone @ 0.9916 - 19 levels. I am looking for price might go move downside towards monthly support levels @ 0.9860 - 50 Zone on coming days.
My last post on GBPJPY target reached @ 140.80 level on Monday but proper reversal price action not happened in that level price broke that important resistance level. Right now pattern formation looks like Irregular pattern is possibility is very so i am looking for further price action on coming days. If price moves above 140.80 level then we can expect 141.65...
EURUSD pair is currently trading near to the weekly resistance Zone 1.1080 - 90 levels, I am looking for Eurusd broke this resistance zone and move upside to 1.1120 level on coming days.
I am looking for final leg upside on short term corrective structure. GBPUSD BUY @ 1.2918 -- TP @ 1.3025 -- SL @ 1.2840
USDCAD pair medium tern trend is upside but short term we can expect downside upto 1.3185 and 1.3150.
Crude oil currently trading on sideways pattern, As per elliott wave pattern Double Zig Zag pattern is forming . I am looking final leg upside to finish this pattern. Enter Long @ 55.35 -- TP @ 59.00 -- SL @ 54.00
GBPJPY trading under complex corrective pattern on short term. Due to very short and short term signals are showing buy signals that why pair went sideways, but medium term signal in short side. We can expect impulse wave upto 140.90 is possible on coming days.
EURUSD well supported by Weekly support zone from here we can expect retracement to 1.1050 - 60 level.
EURJPY trading on Medium term ABC corrective structure. We can expect some retracement to 120.60 level before the impulse wave downside to 118 level. SHORT TERM SIGNAL IS BUY upto 120.60. Medium Term SHORT @ 120.60 -- TP @ 118
EURUSD fell into monthly support levels yesterday and could not penetrate that support zone. Short term we can expect corrective upside upto 1.1085 - 90 zone.