Elliott Wave analysis & trading strategies for top stocks - Apple, Tesla, Amazon, Nvidia, Microsoft, Meta Platforms, Netflix, Alphabet. Peter suggests a cautious start on Monday, emphasizing strategic long trades based on evolving wave patterns

Anything below $1,980 would obviously be very negative, especially considering that the 200-day EMA is racing towards that level. 

The BTC/USD pair bounced back from last week’s low of 38,505 to a high of 43,000. It still remains much lower than the year-to-date high of 49,100.

The AUDUSD has been experiencing an ongoing downtrend, with the potential for significant market changes in the near future.

USD/CAD moves in an upward direction on risk aversion sentiment. Upbeat WTI prices could limit the losses of the Canadian Dollar. Biden administration and the US military formulate plans, including the possibility of carrying out strikes into Iran.

Elevated geopolitical tensions in the Middle East dampened risk sentiment. Recent data indicated a moderate increase in US prices for December. The US Federal Reserve will most likely keep rates unchanged on Tuesday.