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Hello traders!

Today we will talk about 10Y US Notes and its negative correlation with USDJPY .

10Y US Treasury yields keeps pointing lower, as we see a bearish triangle formation within wave 4 correction that can send the price even lower for wave 5. If that's the case, then respecting correlations, USDJPY can see more gains for wave 5, as we also see a bullish triangle pattern within wave 4.

As you can see, triangle, a continuation pattern can be approaching the end, as we see the final subwave "e" in progress, so ahead of NFP report, be aware of that final 5th wave before we will see reversals.

Be humble and trade smart!
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Bearish Looking 10Y US Notes Can Push USDJPY Higher by ew-forecast on TradingView.com

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Hello traders.
Here is Quick Intraday video outlook for USD, NZD and SP500.
 

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Hello traders!

Today we will talk about EURNZD currency pair in which we see nice and clean bearish impulse in progress with room for more downside pressure, while it's trading within channel range.

As you can see, we are tracking a higher degree wave (3) that can push the price much lower, especially if we consider an extended wave 5 of (3) with room down to lower channel support line and 1.58 - 1.55 area. So, be aware of more weakness this year, just watch out for a short-term pullback in subwave "iv".

Trade well!
 

Elliott Wave Analysis: EURNZD Remains Bearish by ew-forecast on TradingView.com

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Hey traders,

Cryptos are recovering, but there can be some slow down on BTCUSD here at 58k-60k area. Support is at 54k-52k, while break below 50k is a trend changer; not only for BTCUSD but even others.

We will also look at BCHUSD and DSHUSD.
 

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Hello traders and investors!

In this article we want to update our previous CADJPY chart, where we mentioned and highlighted a completed W-X-Y correction and bullish reversal.

As you can see, CADJPY is trading nicely and impulsively bullish as expected long time ago and the main reason is also a rally on Crude oil . We see room for more gains within an extended wave »v« of 3 which can push the price even up to 92-93 area or higher, just watch out for a pullback in subwave (iv) of »v« or higher degree wave 4, as we see it approaching June highs.

Be humble and trade smart!
 

Elliott Wave Analysis: CADJPY Remains Bullish - Update by ew-forecast on TradingView.com

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Cryptocurrencies are moving higher and it can have something to do with President Joe Biden who blamed Republicans for blocking efforts to raise the U.S. borrowing limit. Keep in mind that more USD, more printing, more US debt is what drives the value of the currency lower. The USD is losing power and as an alternative and speculation to the USD traders will turn into "gold", or in the digital era, they will focus on cryptocurrencies.

Technically we see some nice intraday impulses across the board which can take prices higher after any pullbacks.

Bitcoin is approaching September highs, after a decisive break out of a base channel that also acted as a support after a retest earlier this week. We can see a nice and sharp move up, currently into 52k-53k area where the bitcoin may slow down as former high can represent a strong resistance. So, be aware of some slow down before the uptrend may resume, ideally after the fourth wave. Support on nay set-back from here would be at 48k , but if we see extensions above 53k and towards 56k, then, of course, 53k would be the support to watch.

Regarding the bearish side, pay attention to 45k. Move below that lv. would invalidate the current bullish trend .

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Hello traders.

Today we will talk about Aussie which is in a downtrend for the last few months, because of a lockdown in Australia and speculation regarding FED tapering which makes USD strong. However, lockdowns are expected to be removed in Australia in October, so economic activity is expected to go back to normal which can be positive for AUDUSD. In fact, we have a very similar price action compared to last year, when market also topped in September and then bottomed through October and November after lockdowns were removed. So, can we see something similar this year? Indeed we can, but HSI (Hang Seng Index) is an issue here, however, in this video will show you a 40-50week cycle that can project end of a bear market on HSI. At the same time we see COT data at extremes with short positions, so  may change in weeks ahead which can cause a shift in trend.
 

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