Hello traders, welcome to a new Forex blog post. In this one, we will discuss AUDUSD short-term Elliott wave analysis. We believe the forex pair is still within a bearish corrective cycle from late September 2024. Thus, the current minor bounce should fail at some point, leading to a further intraday sell-off. From the perspective […]
The post AUDUSD Elliott Wave Analysis: Short Term Favors Downside From Bounces appeared first on Action Forex.
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The stock market is trading higher midday. The S&P 500 gained 0.32% and the tech-heavy Nasdaq Composite added 0.56%. The Dow Jones Industrial Average rose 0.4%, while the Russell 2000 Index lost 0.3%. Nvidia shares Read more…