• 2 days Ireland Balks At Biden’s Global Tax Plan
  • 5 days Robinhood To Trade On Nasdaq Targeting $32B Valuation
  • 9 days Facial Recognition Is Watching You
  • 10 days Biden’s $3.5T ‘Human Infrastructure’ Workaround
  • 10 days The Fed’s $3 Trillion Headache
  • 13 days Why Bitcoin Could Struggle To Recover After Epic Crash
  • 13 days Wells Fargo Back In The Spotlight Over Personal Loan Cancellations
  • 14 days Delta Variant Real Threat To Economic Recovery
  • 17 days JEDI Drama Continues With Microsoft Contract Cut
  • 19 days DiDi Shares Take a Beating From Chinese Regulators
  • 20 days Thousands Of Companies Hit In Latest Ransomware Attack
  • 20 days Jobs Report Has Big Numbers, But Still Big Problems
  • 21 days Robinhood’s ‘Mission’ Questioned in $70M Fine
  • 24 days Didi Just Went Public, And Uber Is Loving It
  • 25 days Islamic Finance On Track To Hit $3.7 Trillion
  • 26 days The Lumber Bubble Is Bursting
  • 30 days A New Entry In The Two Trillion Dollar Club
  • 30 days 3 Upcoming IPOs To Watch As IPO Market Rebounds
  • 32 days Welcome To The Used Car Bonanza
  • 33 days The Year Of The Retail Investor Keeps Getting Bigger
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Gregor Horvat

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for…

Contact Author

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On EURUSD And EURAUD

Euro broke above the 1.1000 mark, so it looks like that rally from 1.0849 is now surprisingly strong with a structure of a double zigzag that can reach 1.1080 area soon.

EURUSD, 1H

EUR/USD 1-Hour Chart

EUR is also looking very strong against other currencies, even against the AUD despite a nice push up on metals today. EURAUD is underway to 1.4520 short-term target, but it may get even to 1.4600 by the end of the week, if today's price will end the day above the channel line.

EURAUD, 1H

EUR/AUD 1-Hour Chart

 


Interested in our services? We have a Special Offer: Get 14 Days Access For 1€!! Grab the opportunity now at www.ew-forecast.com You can even subscribe to our Twitter account -> @ewforecast

 

Back to homepage

Leave a comment

Leave a comment