USDJPY
USDJPY seems to be going through Wave iii of Wave [iii] slowly but steadly, possibly towards Resistance levels made at the previous Wave [iii] lowest.
Next week we can expect a correction in Wave iv before another move up with Wave v to complete Wave [iii].
60Mins
4Hours
Daily
Weekly
USDCAD
USDCAD got a rejection from 200EMA (Hourly Chart), although looking at the 4Hour Chart seems like there is still room up towards its 200EMA before it does the last run down towards the lower Trend line.
60Mins
4Hours
Daily
USDCHF
USDCHF stopped at Resistance levels and going slightly sideways through Wave iv of Wave (iii).
Next week should expect Wave iv to finish and do a last run towards Resistance levels created by previous Wave (c) and Wave (iv), best seen in the 4Hour Chart.
60Mins
4Hours
Daily
EURUSD
EURUSD finished the week shy of touching the lower Trend line.
Next week we should see the end of Wave v to complete Wave (i) to then start the corrective Wave (ii) upwards.
The alternate count stands now as an extended Wave v for a break through the lower Trend Line to make a lower Wave (i).
60Mins
4Hours
Daily
EURCHF
EURCHF made an impulsive move to the downside to what it appears to be Wave i of Wave(iii) on a double top formation with previous Wave (c).
Although less likely now that we have seen this impulsive move downwards is worth keeping in mind the alternate count can still be triggered by crossing over Previous Wave (iv) highest @1.1340.
Next week we should expect Wave ii correction to reach %61.8 Fib retracement of Wave i before continuing impulsive waves to the downside to continue Wave (iii).
60Mins
4Hours
Daily
EURGBP
EURGBP has Wave iv underway towards 200EMA levels (Hourly-Chart).
Next week we should expect Wave iv complete and another drop down towards Support levels to complete Wave v and, hence, Wave (i) at levels of support @0.8653.
60Mins
4Hours
Daily
Weekly
GBPUSD
GBPUSD seems to have completed Wave (c) and Wave [ii] with an impulsive Wave i of Wave (i) downwards.
Although there is still a possibility of a comeback to the upper trend line for an slightly more extended Wave [ii].
Next week we can expect a start of Wave ii correction and once completed (if the alternate count is not triggered on the way up), an impulsive Wave iii downwards to break the lower trend line towards Support levels (around @1.2700).
60Mins
4Hours
Daily
AUDUSD
AUDUSD is starting to show more of a downtrend to what it supposedly can be called a Wave (ii) downwards, although the lack of price action makes this counts harder to identify.
60Mins
4Hours
Daily
Weekly
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