Tag: AUD

AUDUSD: Happy Giveaway Subscribers

4 audusd 4h

AUDUSD is trading above 0.7550 after recovering from the bottom at 0.7144 registered on May 24th. A rally of more than 400 pips is surely making the bears nervous, especially following the sharp sell-off from 0.7835. This is an excellent example of the fact that traders should never rely solely on the continuation of a trend, […]

AUDUSD Ahead of the RBA Decision

audusd news

AUDUSD was flying above 0.7830 just two weeks ago. On April 21st the pair rose to 0.7834 and everything was looking as if sky was the limit for the bulls. Today, May 4th, AUDUSD plunged to 0.7460 so far. According to the majority of experts, the obvious explanation for the current weakness is the surprising […]

EURAUD to the Target and Beyond

euraud 6.4.16

It was March 23rd, when “EURAUD Could Be Aiming At 1.51” was published. The purpose of that article was to determine which one of the two extremes – 1.4465 or 1.5085 – was more likely to be broken first by EURAUD. As usual, we decided to trust the Elliott Wave Principle and apply it to the price […]

EURAUD Could be Aiming at 1.51

euraud 23.3.16

The EURAUD pair has been in a downtrend for a month since February 11th. Then, on March 10th, the bulls woke up with a bang and lifted the exchange rate from 1.4465 to 1.5085 in just five hours. Today, EURAUD fell to as low as 1.4662, before climbing above 1.4850 so far. Which of the two […]

EURAUD Is Waiting for Confirmation

euraud 1.3.16

EURAUD has been steadily declining since February 11th, when the pair climbed as high as 1.6250, before eventually reversing to the south. Currently near 1.5250, there seems to be no shortage of signs that another significant reversal might occur soon. Let’s examine the hourly chart of the exchange rate, in order to visualize the Elliott […]

AUDJPY To The Target And Beyond

audjpy 22.11.15

It was November 11th, when we published “AUDJPY To Regain Intraday Positive Bias?”. In that article the Elliott Wave Principle helped us come to the conclusion we should expect a significant recovery in AUDJPY. The next chart shows how the forecast looked like 11 days ago. This chart was all we needed to form our […]

AUDUSD, Just One Day Later

audusd 19.11.15

Yesterday we posted an article, called “AUDUSD Bulls Aiming Higher”. We thought the pair has the potential to grow, because we recognized something on its 15-minute chart. A five-wave impulse to the upside, followed by a three-wave retracement. See it below. We saw a nicely-looking 5-3 wave cycle. According to the Elliott Wave Principle, the […]

AUDUSD Bulls Aiming Higher

audusd 18.11.15

Elliott Wave patterns can be found on all degrees of trend, even on the smallest time frames. The AUDUSD exchange rate seems to be giving us a good example. If we take a look at its 15-minute chart, we could see something very familiar – a 5-3 wave cycle. As the chart shows, AUDUSD rose […]

AUDJPY To Regain Intraday Positive Bias?

audjpy 11.11.15

The Elliott Wave Principle is a forecasting method, based on chart analysis. It postulates that trends move in recognizable patterns, called waves. A five-wave impulse, which indicates the direction of the trend, is followed by a three-wave retracement in the opposite direction. When this 5-3 wave cycle is over, the trend resumes. The pattern could […]