Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD by Igor Tereshchenkov
USDJPY
Presumably, initials are forming in a large downtrend to an area below $100. Everything is the same as a week earlier. Now I am taking a short position on all kickbacks, which I also wish for you.
DXY
Instead of the triangle in the wave “iv”, which I assumed a week earlier, a regular zigzag formed in it. This zigzag in theory may turn out to be the wave (w) of [ii], so for now, I would not take a short here. It is better to look at the long-on euro, in my opinion
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AUDUSD
The pair goes according to the option from the last update, where now there is an exit up from triangle “4”. I’m in long, I plan to increase it slightly with a stop at the gray level at the beginning of next week.
NZDUSD
Similarly to the Australian dollar, the exit from the triangle “4” began. You can add a little margin on the kickbacks. The approximate length of the wave “5” should be comparable to the length of the wave “1”.
EURUSD
Analysis by Igor Tereshchenkov @EightyNineWaves
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