• 1,051 days Will The ECB Continue To Hike Rates?
  • 1,051 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,053 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,453 days Could Crypto Overtake Traditional Investment?
  • 1,457 days Americans Still Quitting Jobs At Record Pace
  • 1,459 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,462 days Is The Dollar Too Strong?
  • 1,463 days Big Tech Disappoints Investors on Earnings Calls
  • 1,464 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,465 days China Is Quietly Trying To Distance Itself From Russia
  • 1,466 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,469 days Crypto Investors Won Big In 2021
  • 1,470 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,471 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,473 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,473 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,476 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,477 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,477 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,479 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