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EURUSD UP TREND NEXT MONTH

Analysis: Presumably, the formation of the downward correction of the senior level continues on 4-hour timeframe. At the moment, it is likely that the local correction of the junior level has completed in the wave ii of (с), which took a shape of a plane. If this assumption is correct, the pair will continue to decline to 1.1050 – 1.09 in the wave iii. Critical level for this scenario is 1.12. Breakout of this level will trigger further rise in the pair.
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USDJPY UP TREND NEXT MONTH

Analysis: Presumably, the formation of the long-term downtrend continues. It is assumed that within this trend the fifth wave is being developed. At the moment, it seems that the final fifth wave of the junior level (v) is being formed. If this assumption is correct, the pair can go down to the level of 102. Critical level for this scenario is 104.45
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GBPUSD DOWN TREND NEXT MONTH

Analysis: Presumably, the formation of the first wave 1 of (5), which is taking a shape of a wedge, is nearing completion. Locally, it is likely that the fifth wave of the junior level v of 1 is being formed. If this assumption is correct after the completion of this wave the pair can continue to decline to the level of 1.2750.
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USDCAD UP TREND

Analysis: Presumably, the formation of the upward correction is nearing completion in the wave B of the senior level. At the moment, it seems that the wave с of B is being developed, within which the fifth wave (v) of the diagonal triangle is being formed. If this assumption is correct, the pair may continue to rise to 1.32. Critical level for this scenario is 1.2876
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CHFUSD UP TREND

Analysis: Presumably, the formation of the third wave iii of the senior level continues. Currently, it seems that upward correction as the wave (ii) has completed. If this assumption is correct the pair can decline to 0.9610 – 0.9585 in the third wave (iii). Critical level for this scenario is 0.9990. Breakout of this level will trigger the rise in price.
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