A double zig-zag can be in progress on the USD Index down from the 96.98 level. We specifically see sub-wave c) of y in play which can look for support and a bullish reversal near the 95.90/95.70 region.

The S&P 500 made a five-wave rally from the 2802 level.

AUD/USD is unraveling a nice and clear five-wave rise from the lows.

As expected, after the nonfarm payroll report the U.S. dollar/Japanese yen (USD/JPY) currency pair dropped perfectly from projected resistance,.

All three of these currency pairs--the euro/U.S. dollar (EUR/USD), Aussie dollar/U.S. dollar (AUD/USD) and the British pound/U.S. dollar (GBP/USD) -- currency look great and are easy to count. Looking first at the GBP/USD, we see a five-wave drop in play down from 1.3213 area which is a trait of a bearish impulse, and which suggest where the intra-day trend can be going.

We noticed that some of the cryptocurrencies can be completing a big bullish triangle pattern. In 2017, we have seen sharp and impulsive rise in the whole Crypto market, but later in the beginning of 2018 cryptocurrencies began to fall and we noticed that some of them can be approaching the end of a correction soon.

We have seen an attempt of a new push up on stocks indices in the last few sessions with E-mini S&P500 moving into 2815 level while German DAX rallied yesterday toward 12770. If the DAX will stay in uptrend and U.S. markets also later, the U.S. dollar/Japanese yen currency pair can see more upside as well, but maybe after a deeper pullback as part can be stepping into a fourth wave after that intraday reversal down from 113.00 area.

As expected, gold made nice three waves of correction back to projected 1250 support level, but there can be room for deeper and more complex correction down to around 61,8% Fib. retracement and 1245 level.

The Aussie/U.S. dollar currency pair made a strong and firm break below the 0.7512 bearish level and the lower corrective channel line. The U.S. dollar/Swiss franc currency pair is trading higher today, unfolding a nice and clear bullish structure from the 0.9786 low.

The Aussie/U.S. dollar currency pair made a strong and firm break below the 0.7512 bearish level and the lower corrective channel line. The U.S. dollar/Swiss franc currency pair is trading higher today, unfolding a nice and clear bullish structure from the 0.9786 low.