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EURUSD

EUR/USD:
Estimated pivot point is at the level of 1.1350
Breakout and consolidation of the price above the level of 1.1350 will allow the pair to continue the rise up to 1.15 – 1.16.
Presumably, the formation of the fifth wave (v) of i of 3 has completed. Locally it is likely that the correction has begun as the wave ii of 3. If this assumption is correct, the pair can decline to 1.1050 – 1.0820. Critical level for this scenario is 1.1350. Breakout of this level will trigger the rise in the pai…
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GBPUSD

GBP/USD
Estimated pivot point is at the level of 1.4115
In the short-term: buy the pair above the level of 1.4218 with the target of 1.4690. In the medium-term: wait for the completion of the impetus and sell below the level of 1.47 with the target of 1.40 – 1.34.
Analysis: Presumably, the formation of the upward correction as the fourth wave 4 of the senior level is nearing completion. It is assumed that a zigzag with the irregular plane has been formed in the wave b of 4. Locally, it seems tha…
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USDCHF

USD/CHF:
Estimated pivot point is at the level of 0.9912.
Sell the pair from correction below the level of 0.9912 with the target of 0.95 – 0.9470.
Breakout and consolidation of the price above the level of 0.9912 will allow the pair to continue the rise up to the level of 1.0130 - 1.02.
Analysis: Presumably, the formation of the downward impetus continues in the third wave iii of C. At the moment it is likely that the third wave of the junior level (iii) of iii is being developed, within which …
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USDJPY

Estimated level SELL of 113.84.
Sell the pair from correction below the level of 113.84 with the targets of 107.00 – 106.60.
Analysis: Presumably the formation of the downward impetus continues in the third wave of the senior level. At the moment it is likely that the upward correction has completed as the fourth wave (iv) of iii, which has taken a shape of a triangle. The fifth wave (v) of iii is being developed within which one-two impetus of the junior level is being formed. If this assumptio…
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USDCAD

USD/СAD: Downtrend dominates.
Estimated level of SELL1.3400.
Analysis: The decline in the pair continues and it seems that the zigzag will gradually turn into impetus. Locally it is likely that the third wave is nearing completion and upward correction as the fourth wave might develop. If this assumption is correct, after the completion of the correction the pair will continue to decline to 1.28. Critical level for this scenario is 1.3400
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