• 365 days Will The ECB Continue To Hike Rates?
  • 365 days Forbes: Aramco Remains Largest Company In The Middle East
  • 367 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 767 days Could Crypto Overtake Traditional Investment?
  • 772 days Americans Still Quitting Jobs At Record Pace
  • 774 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 777 days Is The Dollar Too Strong?
  • 777 days Big Tech Disappoints Investors on Earnings Calls
  • 778 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 780 days China Is Quietly Trying To Distance Itself From Russia
  • 780 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 784 days Crypto Investors Won Big In 2021
  • 784 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 785 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 787 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 788 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 791 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 792 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 792 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 794 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On 10-Year US Notes And AUDJPY

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

 

Back to homepage

Leave a comment

Leave a comment