NZDCHF currently formed a Bullish Flag and already broke out, hence a possible completion of Wave 4 and will continue to go up to complete Wave 5 in an uptrend.
CADJPY is expected to go down after a formation of Bearish Gartley pattern and the break of the Rising Wedge, we have yet to see to go down till support level.
GBPCAD clearly rejected at support level, we may yet to see a correction wave to the upside.
AUDJPY Upside is still in play and will continue to go up to complete Wave 3, although AUDJPY is still in a correction wave and may go up within the week.
AUDNZD Bearish Butterfly is in play and we are looking for a long-term Buy to complete the Harmonic Pattern.
We are still looking AUDUSD Upside long-term, right after the completion of Bullish Cypher. Price is now currently testing at resistance level which seems likely to break given the fact that USD will weaken due to FED interest rate cuts.
EURNZD will continue to go down to complete Wave 5, also noted then there is a falling wedge in play but will continue to look downside till support level.
EURAUD is about to complete its Head & Shoulder pattern, apparently we have yet to see the completion of Wave 5 in a downside move.
GBPAUD is in a downward channel, currently forming a Bearish Gartley so we expect to go up only after it reverses from the support level. In Elliot Waves, we expect to complete Wave B within this week then go up for Wave C.
AUDCHF has already break the falling wedge and will continue to go up and test the next resistance level. Fundamentally it is expected to go up long-term as Aussie benefits from the US-China Trade recently, CHF is also expected to be weak soon in a risk-off sentiments.
We are expecting NZDJPY to continue to go up after it successfully took out the resistance-turned support level and the break of Bullish Flag though it has yet to test and break the next resistance level. Fundamentally, NZD is benefits from the recent US-China trade and risk-off sentiments for JPY thus weak.
NZDCHF has already broke its Bullish Flag right at the resistance-turned support level and will continue to go up. We are expecting to go up and break the next resistance level as it has tested many times already thus increases the likelihood to break upward. Fundamentally, NZD will benefit from US-China trade at G20 Summit and risk-off sentiments on CHF.
NZDCAD has already broke the pennant and has confirmed a bullish upside and will continue to go up. Fundamentally, NZD is expected to strengthen due to US-China G20 Summit which went well with their trade talks.
USDJPY will test the next resistance level and the long trend line in a downtrend, once it breaks then it is a confirmed long-term uptrend. Fundamentally, we expect USD to go up as Trump is very nice during the G20 summit which is very good for the US Tech Companies whose most of billions of their sales is coming from China so we expect USDJPY to go up, lastly JPY...
AUDJPY will test the next resistance level although most likely it will break the resistance level as it is tested multiple times already. Fundamentally, JPY will weak and AUD will go strong due to US-China trade from G20 Summit as Aussies is dependent on China thus we will gonna see a long-term upside for the AUDJPY.
Well, this should be obvious as Aussie is dependent on China. With Trump agreed with China not to add anymore tariffs, unban of Huawei and restart of trade talks is good for Aussies. Technically speaking it shows an uptrend after the break of resistance-turned support level.
We are expecting GOLD to go down due to US-China trade hence strengthen USD making Gold to drop, Trump wants to maintain US economy at its peak so we may seeing more downside. Technically, it forms a triangle so a break of it may confirm GOLD shorts.
We are expecting EURAUD to go down in a downtrend continuation. Fundamentally it will drop due to US-China risk-off sentiments.