Short Term Elliott Wave view in AUDUSD suggests that cycle from 9.30.2024 high is in progress as an impulse. Down from 9.30.2024 high, wave 1 ended at 0.6434 and wave 2 rally ended at 0.6528. Pair resumed lower in wave 3 towards 0.6176 as the 1 hour chart below shows. Wave 4 rally ended at […]
The post Elliott Wave View Looking for AUDUSD to Resume Lower appeared first on Action Forex.
Daily Pivots: (S1) 1.0261; (P) 1.0286; (R1) 1.0333; More… EUR/USD’s recovery from 1.0176 extends higher today but stays below 1.0435 resistance. Intraday bias remains neutral while further decline is still expected. On the downside, break Read more…
Dollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering a degree of relief to traders and investors. Treasury yields also retreated, with the 10-year Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Michael Kors bags have a reputation for quality and style. That Read more…