USD is rallying on better than expected Jobless Claims. We can see some sharp moves against the AUD and CAD in the last few hours, with Aussie trading close to Oct 03rd low that can be out soon if we consider that flat correction in wave 4 can be finished. There is room for a fifth wave fall to complete red wave 3) near 0.7750/0.7720 region.
AUDUSD, 1H
E-mini S&P500 remains trading at new all-time highs, now still in wave 3 which can be nearing a completion at current 261.8% Fib. level of wave 1 from 2, and with an ending diagonal at the top. Market may also slow down ahead of tomorrows NFP figures, so we think fourth wave set-back may show up in the near-term; in normal circumstances that would be back to 2528.
S&P500, 1H
