• USD/CAD is near its marked 1.39418 downside reference; USD/JPY resumes lower with 156.963 in view.
  • EUR/USD and GBP/USD charts project renewed advances, capped by 1.12148 and 1.34340 references.
  • AUD/USD may complete an upswing near 0.707 before a pullback toward 0.70094.

EURUSD Elliott Wave Analysis

EURUSD Elliott Wave Analysis
 
EUR/USD is 1.11669 after rebounding from its recent low and then pulling back. The chart labels the recovery as a W-X-Y correction, with wave (b) near completion and a renewed advance projected toward the marked 1.12148 upside level. The printed invalidation is 1.11045; a break below it would invalidate this recovery count. Compared with October 27, when the pair was at 1.11378 and the chart used 1.11129 as invalidation, price has recovered while the invalidation boundary has shifted lower. The near-term bullish path remains conditional on holding above 1.11045.

AUDUSD Elliott Wave Analysis

AUDUSD Elliott Wave Analysis

At 0.70275, AUD/USD is consolidating below its recent wave-3 high. The chart projects another advance in wave 5, with a red A top around 0.707–0.708, followed by a decline toward 0.70094. The price zones are visual estimates except for the explicitly marked decline reference. On October 27, the working path anticipated an A high near 0.705–0.706, a dip near 0.698 and a further rise. The current count instead places the near-term push higher first and labels the subsequent decline at 0.70094. A sustained break below that level would extend the correction beyond the first marked objective.

USDJPY Elliott Wave Analysis

USDJPY Elliott Wave Analysis
 
USD/JPY stands at 157.538, turning lower after its rebound from 156.076. The chart’s five-wave decline labels (i) through (v) and projects further downside to 156.963. The red 158.604 level remains the stated invalidation above the recovery structure. This is a meaningful change from October 27: the prior chart expected a corrective rise toward 158.2 before renewed weakness, and price has now turned down from that rebound area. A move through 156.963 would extend the decline; a break above 158.604 would invalidate the displayed bearish interpretation.

USDCAD Elliott Wave Analysis

USDCAD Elliott Wave Analysis

USD/CAD is 1.39670, extending the decline anticipated in the October 27 chart, which showed 1.39685 as further downside. The current count allows for a corrective bounce toward the 50% retracement near 1.4000, followed by another leg lower. The chart’s next downside reference is 1.39418. No formal invalidation is printed on this chart, so the 50% retracement is a resistance reference rather than a confirmed ceiling. A sustained move above the rebound zone would delay the immediate downside path; a rejection there would support the projected continuation lower.

GBPUSD Elliott Wave Analysis

gbpusd Elliott Wave Analysis

GBP/USD is 1.33943 after rallying from the 1.32726 low marked as invalidation. The chart shows the advance reaching 1.34340 and projects a modest pullback toward roughly 1.337–1.338 before another attempt higher. The 1.34340 label is the chart’s upside reference, while 1.32726 remains the explicit invalidation for the broader recovery. This follows through on the October 27 setup, which projected a wave (x) low near 1.327 and a wave (y) recovery toward 1.344–1.345. That rebound has now occurred; the current question is whether the shallow pullback can hold above the marked invalidation.