EURUSD
The confirmation of the EURUSD starting its 5th wave (orange) is when price breaks below the bottom (green line).
4 hour EURUSD:
One of the most likely alternative wave counts (usually there are multiple options) could be that current wave 1 (purple) is a wave C of a bigger correction, which is still part of wave 4 (orange)
60 min EURUSD:
GBPUSD
Yesterday’s strong fall could be part of a new down trend which means that the wave 4 (red) is completed at the recent top.
4 hour GBPUSD:
An alternative scenario is that price is making an ABC correction as part of a bigger wave X consolidation.
60 min GBPUSD:
USDJPY
The USDJPY uptrend is accelerating and pushing above the resistance top (red line) as the analysis is being made.
4 hour USDJPY:
This recent push up is most likely part of a wave 3 (green).
60 min USDJPY:
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