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The BTC/USD pair after a great spike is currently in a correction mode.
It is forming a descending triangle pattern and break out below support levels will validate the pattern.
Hence we suggest traders to take a short call only after a break out below the support level of 5890.
The EUR/USD is currently in a long term corrective rally.
We expect the correction to be of the form WXY wave which comprises of multiple ABC waves.
As of now, we have presented the next ABC move in this chart.
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The NZD/USD pair has formed a inverse head and shoulder pattern in the 15-min chart.
It has crossed the neckline and consolidating above it.
Hence we expect the pair to move towards the next resistance level placed at 0.64723.
The EUR/GBP pair has formed a head and shoulder pattern on the daily charts.
It has currently hovering around the neckline.
We expect the bears to instigate strong pressure only it crosses the neckline.
The EUR/USD pair is currently witnessing a strong selling pressure.
It has broken the strong support of 1.16505.
Based on price action, we expect the pair to witness a small correction and then move on to the support level of 1.15305
The 4 hour chart of Gold has formed a full elliot wave analysis pattern
It is currently making corrective waves in the form of the bullish flag pattern
we expect the price to be take support at the potential reversal zone and then up for the another bullish impulse move.
The 15 minute chart of GBP/AUD has forming a full elliot wave and Head & shoulders pattern
we can expect to be bearish up to the support level which is the neck line.
a break below the neck line would makes the potential selling pressure for the deeper downside moves.
The 4 Hour chart of EUR/AUD has formed the Full Elliot wave pattern
It is currently making 'c' corrective downside moves with the running flag formation of further upside forecast bias after the corrective moves.
The AUD/USD pair is currently in a downtrend in the daily chart.
It is currently trading at the trend line and and is facing rejections at the trend line.
Hence we expect the pair to be bearish from here.
The EUR/NZD pair is currently in an uptrend and forming an elliot wave.
It has completed its 4-th wave and currently resuming its 5-th wave.
Hence we expect the pair to go the levels of 1.79500 from here.
The EUR/USD pair after a good move is now consolidating in an ascending triangle pattern.
Hence we expect the pair to continue its bullish momentum.
Fresh long positions can be initiated when the pair makes a bullish crossover above the resistance.
To validate our previous analysis, the pair moved down of 5th wave completed and now currently it is in the correction which also formed bullish butterfly pattern
So, it is expected to be bullish for short term with the correction move.
The 4 Hour chart of EUR/AUD has formed the full Elliot wave pattern
After completed impulse moves, currently it is in the making of c correction wave
so,It is expected to be bearish and would reach the expected target.