Elliott Wave Analysis On 10-Year US Notes And AUDJPY

By: Gregor Horvat | Tue, Mar 22, 2016
Print Email

10-year US notes recovered last week from aorund 128'15 where market might have completed a five wave decline which can be a reason for some sideways price action on E-mini S&P500. However, we will be looking for a resumption of a bearish trend on 10-year notes as soon as we see a completed a-b-c bounce that can be underway to 130-131 area.


10-Year US Notes, 4H

10-Year US Notes 4-Hour Chart

When 10-year will turn down yields will rally and support stock price which can also be good for higher AUDJPY.


AUDJPY, 4H

AUDJPY 4-Hour Chart

 


If you like our trading analysis, you can visit our website at --> www.ew-forecast.com

 


 

Gregor Horvat

Author: Gregor Horvat

Gregor Horvat
www.ew-forecast.com

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on www.ew-forecast.com. EW-Forecast.com provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). Website: http://www.ew-forecast.com/

Copyright © 2013-2017 Gregor Horvat

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com