Divergence on EURAUD formed Double Top. Impulse candle gives a chance for new downtrend.
Sometimes Elliot Waves help to make some sort of forecasting looking back to what have happened. It clears out that 105 is strong level and due to some fundamental & tech specs we see impulse in USDJPY which can bring us back to 109 for retest and further ideas.
Nice combination of signal we can read from EURGBP chart 4H. It look like it trades in wedge with a potential to correct in uptrend being crossed by 1. previous max at D,W and MN charts which was not broken by new impulse 2. divergence at MACD 3. wedge 5 point structure. Due to fundamental and technical EURGBP can shortly short
CARS.COM potential gap closure at $19-20
Potential reversal figure H&S, EURAUD can retest 1.66 and move down
NZDUSD retested 0.64882 - local minimum in past that was broken by impulse candle for further downtrend. Better watch for 0.63766 level which can stop downtrend and form double bottom or even brake again by impulse for even deeper downtrend for Kiwi.
AUDJPY can retest 73.930 in downtrend. Candlestick model shows a hidden pinbar than can make correction till that level.
AUDNZD looks Long in Flat. As we have 1,03762 updated with local uptrend we have opportunity after correction to see long move with local target 1,05200 or even above.
AUDUSD long idea. It looks like soon we see H&S figure with a possible long trade opportunity
AUDUSD long idea 12-16 Aug 2019