EURAUD is bearish, however, sideways price activity since June of 2020 can be part of a corrective pause within a bigger trend. We are talking about a complex, W)-X)-Y) ... Read More
EURAUD made a firm drop, down from 1.98 high, which was set in March. We can see that price made a five-wave development, which is first evidence for a ... Read More
Hello traders, EURAUD is in a bearish trend, down from 1.980 level, as we see a clear five-wave in the making. At the moment we are observing a five-wave ... Read More
EURAUD made a break out of a corrective channel line which was connected from twelve of March. We see this impulsive break as a suggestion that a higher degree ... Read More
EURAUD is currently unfolding a bigger, complex correction, up from midpoint of January when a five-wave decline had fully unfolded its five-wave drop. We are now observing a complex ... Read More
EURAUD still looks corrective in wave 4) here. Why? Base channel support line acts as a resistance, also ideal resistance around previous wave iv and ideal 38,2% Fibo. retracement. ... Read More
Elliott Wave Analysis: AUDUSD Overlook Aussie is one of the strongest today RBA Monetary Policy Meeting Minutes. We have seen sharp move up on AUDUSD and down on ... Read More
Intraday bias in EUR/AUD remains neutral for the moment. he bullish convergence conditions in 4 hours and daily MACD started to argue that a bottom is already in place. ... Read More
Intraday bias in EUR/AUD remains neutral as consolidations from 1.4652 continues. As long as 1.4964 resistance holds, near term outlook stays bearish and deeper decline is still expected. Below ... Read More
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