Elliot waves analyst📈📉

Most pairs have open this week correctively and they have been trading on that phase till today .remember we are to avoid trading corection phases and wait for expansion moves , so trade accordingly

USDJPY 1H

Have a great trading week

XAUUSD (GOLD) 1H.. to me this will be the best pair to trade this week as this pair should keep selling as it is trading on wave (3) which is incomplete so more selling opportunities

XAGUSD 1H .. UNLESS this war ends today and people stop buying the dollar, we will keep on selling silver and gold and the waves confirm this bias as we are still trading sub-wave 3 of wave (3)

EURUSD 1H ... also we are still expecting price to keep trading lower as we have only 3 waves out of 5 we should have in an impulse

EURUSD 4H

GBPUSD 1H ...as we were expecting an expansion to the downside since last week price should continue with that path until we finish this wave (3)

GBPUSD 4h ... this pair also should remain bearish this week we are trading this wave (3)

USDCHF 1H .. PRICE is trading on wave (3) so there will be great buying opportunities through the week

AUDUSD 1H .. a continuation from last week analysis . We should keep looking for selling as the impulse is still trading in wave (3)

DXY 1H ... the dollar index will most likely remain bullish this week unless we get the whole week of correction which is highly unlikely . So if the dollar is bullish that means we are selling currencies that are paired against the dollar and buying those that dollar is the major currency

The following are this week my point of view on how the market will act

This week I think gold will be the star , there will be great trading opportunities on gold and silver

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