GBPAUD optimal posible long setup as market got into support zone at Fibonacci 50%. This match with Elliot correction wave ABC. Thus could lead market long into Fibonacci extention -23.6% at 2.1442.
EUR/AUD in support zone waiting for long move after breaking out through 1.4727 level. This is Fibonacci 50-61.8% zone and the end of Elliot correction wave ABC. If break out happens, potential target would be at Fibonacci -23.6 at price level 1.523.
AUDNZD correction could be over with the ABC Elliot wave and after dropping into Fibonacci retracement level 50%. At this point I expect price go long until reach Figonacci extention at -23.6%.
GBPUSD possible go down to next support level to Fibonacci Lows to Highs 50-61.8%. It is possible because price got into reversal after meeting Weekly Fibonacci 50% level as resistance and brokent down last swing of Fibonacci 50% and 61.8% level.
USDJPY reach bottom support zone as Elliot Waves setup 12345 ends at price 121.4. Its Daily Fibonacci LL to HH zone of 50-61.8%. Here is best entrance zone to go Long into target zone at Fibonacci exetention 23.6% at price 127.625
Price is on the way in Elliot wave point 4 to 5 at 1.6828. It is Fibonacci from LH HH as Elliot waves points 1 and 3 50% bounce to a projection 23%. This is Target zone where Weekly swing hights to lows Fibonacci 50% level should be pierced. But on daily we have double top formed allready. Just need to wait for price to break this Resistance level at 1.6575.
GBP/USD could go long for last Elliot wave after correcting down to last Fibonacci 61% in LH HH at 1.5624. Target zone is at last weekly swing Fibonacci retracement 61% level at 1.6187 and last LH HH daily swing Fibonacci extention 61% at 1.6222.
AUDNZD - at the moment price have broken weekly swings Higher Low Lower Low Fibonacci 16.8% level at 1.133. And on daily going on last swing of Elliot waves to point 5 wich will be in 1.15-1.1532 zone. This Target zone is at last daily swings Lower High and Higher High at Elliot waves point 1 and 3 Fibonacci extention 50-61%.
GBPAUD seems going to bounce up as meets strong support at 2.02853 as beeing old strong level and it is near last Lower High and Higher High Fibonacci 61.8% level just below support at 2.026. I am taking Long trade with a target to higher old strong level at 2.09826 with a small stop loss at 2.0258
I think price has pierced 61% of Fibonacci from lows in March 13-16 to highs in May 15. Now going down in second Fibonacci extention down price got into correction of last lows to lows at Fibonacci 50%. Good entrance point for short.