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[TriciaWilson]

USD/CAD Technical Analysis

~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
~~ Now, it has taken down a bearish trendline as well.
~~Hence, we expect the pair to be bullish in the short-term.

[TriciaWilson]

CHF/JPY Wave Analysis

~~ After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase.
~~ It is now at a strong price action support zone and at the final stage of wave A.
~~ Hence, we expect the pair to be bullish in the near-term.

[TriciaWilson]

NZD/USD Technical Analysis

~~The counter was in a consolidation phase after a solid down move.
~~ The consolidation resembles a bearish flag pattern.
~~ Further, the entire setup could be interpreted as a head and shoulder pattern.
~~ Hence, we expect the pair to be bearish in the near-term.

[TriciaWilson]

EUR/USD Technical Analysis
~~ As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone.
~~Now, the bearish flag formation has also broken down, validating the wave C.
~~ Hence, we expect the pair to be bearish in the short-term.

[TriciaWilson]

EUR/GBP Technical Analysis

~~ The upside movement of the pair is capped by a bearish trendline.
~~ It attempted a breakout but fizzled out and the price action has formed an H&S pattern instead.
~~ Hence, we expect the pair to be bearish in the near-term.

[TriciaWilson]

USD/CAD Wave Analysis

~~ The counter has been consolidating in a sideways correction for the last few days.
~~ It could be interpreted as an ABC correction and the recent down move as wave B
~~ We expect the pair to find support in this zone head higher.

[TriciaWilson]

EUR/CHF Technical Analysis

~~ The counter has formed a dragon pattern.
~~ In a downtrend, it made a 38% retracement from the low and then rendered a false breakout.
~~ Further, it is on the verge of breaking out the trendline (a break validates it).
~~ Hence, we advise traders to be long in the counter once it crosses 1.730.

[TriciaWilson]

USD/CHF Wave Analysis

~~ The counter has been in a downtrend since the start of this year.
~~ The price was consolidating in a narrow for the last few months which could be interpreted as wave 4 of Elliott wave.
~~ Now it is on the brink of rendering a bearish breakout.
~~ We expect it to breakdown and complete wave 5.

[TriciaWilson]

Crude Oil Wave Analysis

~~ The strong upmove from below zero levels in the crude oil was consolidating for the last few months.
~~ It could be interpreted as wave 4 of Elliot wave which also resembles a bullish flag pattern.
~~ We expect the pair to be strongly bullish after it crosses the resistance at 41.90.

[TriciaWilson]

CAD/CHF Technical Analysis

~~ The counter has consolidated and formed a base at the lower.
~~ It could be interpreted as multiple inverted and shoulder patterns.
~~ Now, the pattern has broken out and hence we expect the pair to be bullish in the short-term.