The interesting market for this week could be USDCAD which seems to be trading in final stages of triangle pattern. On the hourly chart we are looking for a wave c) down to complete wave (e) around 1.100 mark.
USDCAD 1h Elliott Wave Analysis
In our latest webinar on Friday (recording) we have covered EURGBP and highlighted a bullish case for the pair. We focused on wave (iv) and said that we need wave c) to complete a corrective retracement from March 12 high. Ideally market is forming an expanding flat correction with new bullish reversal to come from 0.8315/0.8330 support zone. We have this one on our radar screen for longs.
EURGBP 1h Elliott Wave Analysis
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