Understanding cycle structures helps traders navigate complex forex moves with clarity. AUDJPY analysis showed Elliott Wave principles identified a corrective end and anticipated a sharp 400‑pip sell‑off. The Forecast: Identifying the Wave 2 Peak In our September 21, 2026 analysis, AUDJPY was completing a 3‑wave rally from the 108.90 region. The rally into 112.61 marked […]
The post Elliott Wave Analysis: AUDJPY Corrective Decline Plunges 400 Pips appeared first on ActionForex.
Key Highlights Gold declined toward $4,120 and started a consolidation phase. A bearish trend line is forming with resistance at $4,260 on the 4-hour chart. WTI Crude Oil dipped below $92.50 and might extend losses. Read more…
Australian consumer sentiment deteriorated sharply in October, with the Westpac–Melbourne Institute Consumer Sentiment Index falling 4.7% from 84.4 to 80.4. The weakness was especially pronounced after the latest RBA rate hike. Sentiment among the 60% Read more…
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