eurusd
Latest Price 1.2446
The current scenario
The Euro is still trading near the 1.2537 level after falling and reaching a low at 1.2335 and rebounding to 1.2474
Site script
Break the bottom 1.2344 The Fibo is targeting 38.6 at 1.2225 and 1.2130 and may reach the acceleration to retest the daily ascending trend and Fibo 61.8 at the price of 1.2031 Bastop last peak composed
A break of 1.2538 means targeting 1.2596 - 1.2644 to retest the bearish weekly trend to form a peak there
gbpusd
Last price 1.4215
Previous Scenario
Close the cable with a candle, reversing it below 1.4280 (Azzawi 540) and waiting for further downside to the upside down to the angle 480, which also represents the 38th Fibonacci of the last wave from the bottom 1.3757 at 1.4036
The current scenario
The pair reached its target at 1.4036 and made a low at 1.3980 before rebounding to 1.4270 high
Expected scenario
Steady ahead we expect further downside for targets 1.4185 and 1.4105 and breaking the 1.4105 level we expect targeting 1.4060
In the medium term
A break below 1.3980 means further downside and targeting 1.3933 and 1.3786
A break above 1.4341 and stability above it allows for further upside and targeting 1.4540
usdjpy
109.60 Current price
The current scenario
USD / JPY hit a low of 270 and 108.33 before rebounding to retest the downtrend on the hour as well as breaking the support at 108.80. The pair is expected to continue its decline to 107.82
On average, the pair is still trading sideways after falling from 118.60 high
It is expected that we will see a rise from the bottom of the triangle as in the attached chart and the level 315 above the price of 106.51 which also represents the Fibonacci 61.8 and the weekly trend rising
AUDUSD
Current price 0.7996
Previous Scenario
The Aussie rose from the bottom 0.7494 targeting the important resistance 0.8116 which represents the trend of the peaks of 0.8160 and 0.8125 and is expected to witness a rebound of the pair below this resistance
Expected scenario
Breaking the last bottom .8040
We expect the pair to continue its downside move towards the 50-day Fibonacci targets from the bottom of 0.7808 at 0.7975, 0.7940 and 0.7845 above the top 0.8118
Good Luck
