EURUSD
A wave 4 (blue) typically does not exceed the 50% retracement. A break above the 50% makes a wave C (magenta) more likely.
4 hour EURUSD:
A WXY (green) could be unfolding within wave 4 (blue).
60 min EURUSD:
GBPUSD
A bearish wave 3 (magenta) could potentially translate into a decline towards the 161.8% or 261.8% Fibonacci targets. The latter is equal to the weekly bottom (green line).
4 hour GBPUSD:
A breakout (red arrows) could extend the wave 5’s (red and dark red). Eventually price will retrace for wave 4 (magenta).
60 min GBPUSD:
USDJPY
The burst of price momentum stopped at the resistance trend line (purple).
4 hour USDJPY:
The NFP on Friday caused price to retrace for a wave Y.
60 min USDJPY:
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