• 1,155 days Will The ECB Continue To Hike Rates?
  • 1,155 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,157 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,557 days Could Crypto Overtake Traditional Investment?
  • 1,561 days Americans Still Quitting Jobs At Record Pace
  • 1,563 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,566 days Is The Dollar Too Strong?
  • 1,567 days Big Tech Disappoints Investors on Earnings Calls
  • 1,568 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,569 days China Is Quietly Trying To Distance Itself From Russia
  • 1,570 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,574 days Crypto Investors Won Big In 2021
  • 1,574 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,575 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,577 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,577 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,581 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,581 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,582 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,584 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to…

Contact Author

  1. Home
  2. Markets
  3. Other

$AUDUSD Short-term Elliott Wave Analysis

Short term Elliottwave structure suggests rally to 0.7504 ended wave ((w)), and pullback to 0.7283 ended wave ((x)). As pair already breaks above 0.7504, it has resumed the next leg higher in wave ((y)). Internal of wave ((y)) is unfolding in a double three where wave (w) is proposed over at 0.7512, and wave (x) is currently in progress towards 0.733 - 0.7397 area before the rally resumes. We don't like selling the proposed pullback and prefer buying wave (x) dips in the area above as far as 0.728 pivot stays intact.

AUD/USD Short-Term Elliott Wave Analysis Chart
Larger Image

 


At EWF we offer 24 hour coverage of 50 instruments from Monday - Friday using Elliott Wave Theory as primary tools of analysis. We provide Elliott Wave chart in 4 different time frames, up to 4 times a day update in 1 hour chart, two live sessions by our expert analysts, 24 hour chat room moderated by our expert analysts, market overview, and much more! With our expert team at your side to provide you with all the timely and accurate analysis, you will never be left in the dark and you can concentrate more on the actual trading and making profits. Check out our 14 day Free Trial to sample everything EWF has to offer.

 

Back to homepage

Leave a comment

Leave a comment