EURUSD is starting a new pullback but may form another descending wave soon, while USDJPY is trying to forming one more wave to the upside to reach 23.6% fibo at 104.74.
USDJPY continues trading sideways; market players can’t decide on their attitude towards “safe haven” assets.
On Tuesday morning, EURUSD is a bit “in the black” due to excellent conditions for a correction.
AUDUSD is rebounding from the cloud’s downside border; USDJPY is correcting with a Triangle pattern, while EURUSD is about to resume falling.
GOLD continues moving sideways; NZDUSD is forming a new correctional wave after finishing the descending impulse, while GBPUSD is still moving to the upside.
After completing their respective corrections, both AUDUSD and NZDUSD are starting to rise slowly.
After completing the descending wave at 1.3520, GBPUSD is growing to reach 1.3626.