Elliott Wave Analysis: AUDUSD Can Follow A Bearish Look

OANDA:AUDUSD   Australischer Dollar/U.S. Dollar
Good Sunday traders! Hope you had a nice weekend, and a pleasant Sunday. Let's take a look at AUDUSD and its mid-term look.

AUDUSD may have recently completed a higher degree three-wave correction within wave IV. Recent drop that followed, away from the 0.8150 region can be an early indication of a change in trend and more weakness to follow. If so, then current weakness can be sub-wave 1) of a bigger five-wave drop, which may unfold in weeks to follow. That said, a decisive breach below the 0.7700 region would suggest even more weakness to come.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
FX and Crypto Service:
Symmetrical triangle pattern here. Very bullish pattern.
ew-forecast giuseppe.grande
@giuseppe.grande, AUDUSD has 5 waves down from September highs, and is not bullish anymore.
love your charts its just funny because short term we could rally or fail a couple hundred pips and still be bearish
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden