Elliot waves analyst📈📉

XAUUSD 4H (gold).. since price didn't move much last week we are still waiting for the completion of this wave (4) then keep trading higher

If I were to pick a pair that will most likely present high probability trades it will be this pair . We are trading wave (3) on the daily timeframe so we will be looking for selling opportunities . Any bullish move we treat it as a pullback to allow us to keep selling . Remember short term trade ideas are build from long term plans

USDCAD 4H

USDCAD 1D

GBPUSD .. I truly don't see a continuation here unless am wrong in naming the pro waves . So I will update the chart letter but am expect some sort of reversal here

NOW the ripple effect on the dollar index trading lower is EURUSD trading higher as this wave (c) seems to want to form an extended wave (5)

EURUSD 1H

EURUSD 4H

The dollar index unless we get a truncated move here on wave (5) that will cause immediately change in the direction , price should continue lower forming a normal wave (5)

DXY 1H

DXY 4H ..

AUDUSD 1H .. this ending diagonal pattern should create a nice selling opportunity . If dollar gains momentum up then we will look for selling opportunities on this pair

This is what I think todays trading will do so we should look for waves that align with this .. again don't force selling if you don't see it then leave it

EURUSD

GBPUSD

So agin with the market stalling at the start we are focussed on the daily bias

Also on GBPUSD a lot of possible scenario I can't commit to anyone because I can't count definitively DXY , but if I had to endorse one bias then I would be trading this

GBPUSD 4H

GBPUSD 1D

NOW with eurusd my analysis usually depend on the dollar index wave count but since last week I cast seem to get a clean count on that index which makes me second guess my analysis a lot on almost all major pairs . But these two are the most likely scenario and hopefully this week the index will clean its self and we can start trading it again