Forex Trading Technical Analysis CFD REPORT

US Dollar CFD: 79.00
Essentially waiting for the Dow and SP to complete their rallies which should be now or covering their Gaps, but looking at the Euro struggling at SG2 13372 would look to short from here so the SP has probably found its high now too at 1200, meaning the Dollar should now work higher off the 79.00 and move above 80 creating the first high above the level TL8

EURUSD 1.3360
TradingLevels: The 13372 is the second resistance point from the 134 and it seems fitting to short it from here, at least for the short term if not the long term as the Elliott wave count can also fit, even though there is another count to take the Euro higher to 13472. The main support for the Euro is the 133 and 13272 under this creates the next degree of weakness, but we also need to understand that these lows are part of an old low on the daily weekly charts and is also part of the 130 MinorLevel support and in turn the top of Minor Group1, so the 133 is also a group1 a sublevel group1 so this is the refined point of support for the Euro as is the 80 for the Dollar
Elliott Wave: Just looking for the last high around the 13440 down to the 133, this move is in five waves so the rall back up to SG2 13372 can be the rally target
Trading Strategy: We are looking for the short, we need the US indices to line up too and we don’t have confirmation that the US have found their tops, that may have but we need to see the impulse waves down, the 11650 is essentially the first high above the 11500 MediumLevel, so anywhere near this 11650 can be the high,  basically the Euro has been in a rally and corrective pattern can simply double in size while they are waiting for other markets to line up, so the Euro can make a new high to 13472,  but at the same time the current high at 13440 can be the wave (ii) high as the move down is in five waves and the rally back to 13372 zone seems fitting to short from

AUDUSD 1.00
TradingLevels: TL1 | 1.00 is the resistance and the Elliott Wave count suggests a turn here, so just allow time to see if the 1.00 develops as support or resistance as a larger (a) (b) (c) correction is unfolding
Elliott Wave: That should be the top of the Wave (a) rally, Wave (b) across or down to 99 should now unfold, b waves are in three smaller waves abc 5-3-5 waves within the abc
Trading Strategy: Expect downside, but just be careful trading around large numbers as large orders can change hands and creates sharp moves