20 Jun 2025, 02:47 · Views 70

#GBPJPY 🇬🇧🇯🇵 Sometimes the market feels confusing; price moves up and down, and it’s hard to know what’s really going on. But when you step back and look at the bigger picture, things start to make more sense. That’s what Elliott Wave helps us do. 💡 Be patient. Stay focused. Let the waves show you the way. 🌊

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CLOVER GOLD FX

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DXY 4H chart has completed a clear five wave impulsive structure topping at wave 5 before breaking below thi major blue trend line drawn from wave 2 to wave 4, signaling a shift from bullish momentum into a corrective phase. After forming wave a price is now attempting a weak wave b pullback that is struggling near the previous support-turned-resistance and the dotted bearish trend line, keeping the market vulnerable for a further drop toward the anticipated wave c zone around 98.00. This technical bearish setup aligns strongly with current fundamentals as slowing U.S. inflation, softer labor market data, and weakening consumer spending are increasing expectations of upcoming Federal Reserve rate cuts reducing the dollar’s yield advantage. At the same time improving global risk sentiment and strengthening performance in other major economies are creating pressure on the dollar, decreasing its safe-haven demand supporting the probability of a deeper corrective move on the chart.

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AUDUSD on the 4hour chart is showing a clear ascending flat support structure that has been respected multiple times indicating strong buyer interest at lower levels the recent corrective pattern has completed its abc formation suggesting the potential beginning of a bullish impulse the market is now reacting from the support zone aiming toward the highlighted resistance area where sellers may attempt to regain control as long as price remains above the ascending trend line the overall sentiment stays bullish and a continuation toward the upper resistance zone is likely

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Price following the pattern hope so will rise from the bottom to top

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#cadchf #cad #chf The CADCHF 14H chart shows that the pair has been trading in a clear downtrend forming a falling wedge pattern after an extended bearish move. The recent solid breakout from the wedge signals a potential shift in momentum as buyers start gaining strength. The breakout candle indicates increased bullish activity suggesting that the market may attempt a corrective rally toward the next resistance area shown by the red arrow. This upward move represents a possible reversal phase where price could retest previous structure levels before deciding its next major direction. Overall the chart reflects early signs of recovery with the breakout acting as a key confirmation for short term bullish continuation.

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USDJPY on the daily is approaching a critical technical decision area after completing a clean impulsive drive into long-term descending trendline resistance while riding the upper boundary of the rising channel from the B-wave low. Price has delivered a near textbook five-wave advance into this supply zone and is now showing signs of exhaustion with rejection wicks and loss of bullish momentum near the highs. This structure favors a corrective rotation back toward the channel base as profit taking and mean reversion pressure build. Unless price can hold above the trendline with strong continuation candles the higher probability remains a pullback phase targeting deeper liquidity below before any sustainable upside can resume.

CLOVER GOLD FX