• 772 days Will The ECB Continue To Hike Rates?
  • 772 days Forbes: Aramco Remains Largest Company In The Middle East
  • 774 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,174 days Could Crypto Overtake Traditional Investment?
  • 1,179 days Americans Still Quitting Jobs At Record Pace
  • 1,181 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,184 days Is The Dollar Too Strong?
  • 1,184 days Big Tech Disappoints Investors on Earnings Calls
  • 1,185 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,187 days China Is Quietly Trying To Distance Itself From Russia
  • 1,187 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,191 days Crypto Investors Won Big In 2021
  • 1,191 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,192 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,194 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,195 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,198 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,199 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,199 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,201 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

USDCAD and AUDUSD Intraday: Elliott Wave Analysis

USDCAD still trapped in a sideways price action within fourth wave that can be a triangle, but in that case swing lows from wave a) and c) must hold. At the same time, keep an eye on 1.0757 swing, move above it will open door for 1.0800.

USDCAD 1h Elliott Wave Analysis

USDCAD 1-Hour Elliott Wave Analysis Chart

AUDUSD hit 78.6% retracement level and is now reversing from the highs. I am still looking at rally from 0.9327 as a three wave retracement, which means that bears remain in the card, but would love to see that impulse down through 0.9378 and 0.9360 to make sure that we are on the right track.

AUDUSD 1h Elliott Wave Analysis

AUDUSD 1-Hour Elliott Wave Analysis Chart

 


Interested in our analysis? Get now 1 month of full service for just 1€. http://www.ew-forecast.com/service

 

Back to homepage

Leave a comment

Leave a comment