• 4 hours Russian Central Bank Eyes Gold-Backed Crypto
  • 10 hours Alberta’s Unlikely Alliance With The Nuclear Industry
  • 1 day The True Cost Of Opportunity In America
  • 1 day Why Investors Shouldn't Ignore Gold Stocks
  • 2 days Facebook Scrubs Over 2 Billion Fake Accounts
  • 2 days Dow Scrambles To Avoid Fifth Straight Weekly Loss
  • 3 days Is This The World’s First Truly Democratic Stock Exchange?
  • 3 days India’s Wealthiest Set To Hold $23 Trillion By 2028
  • 3 days First Quarter Profits Slip For World's Top Oil Companies
  • 4 days The Yuan May Be China's Biggest Weakness
  • 4 days Hedge Funds Having A Banner Year
  • 4 days Disney Heiress Asks “Is There Such A Thing As Too Much?”
  • 4 days BHP Turns Bullish On EVs
  • 5 days Investors Turn Bullish On America’s Nuclear Decommissioning Business
  • 5 days The $90M Inflatable Rabbit Redefining Modern Art
  • 5 days Huawei’s Fate In The Air
  • 5 days Tesla Slashes Prices Again
  • 6 days The Modern History Of Financial Entropy
  • 6 days Italy’s Central Bank Embraces Sustainable Investing
  • 6 days Trump Lifts Metals Tariffs To Cool Simmering Trade War
How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On AUDNZD And USDCHF

AUDNZD

We have been tracking a potential reversal on AUDNZD and this looks to have happened so far. We have seen a nice impulse wave up in five waves, labeled as wave 1 and a corrective pullback which could be wave 2, possibly in final stages. We believe more upside could follow, but only after the upper corrective channel line is crossed.

AUDNZD, 1H

AUD/NZD 1-Hour Chart

USDCHF

Let's look at the USDCHF. The USDCHF seems to be unfolding as an expanded flat 3-3-5 pattern in the corrective pullback in wave 2) with still some room for lower levels. Support could be around 0.9700 area where we will look for signs of a reversal and wave 2) lows.

USDCHF, 1H

USD/CHF 1-Hour Chart

 


Interested in our services ? Visit our page at www.ew-forecast.com

 

Back to homepage

Leave a comment

Leave a comment