EURAUD: Wave 2 Found Buyers At Blue Box Area
Hello Traders, in this article we will go through how EURAUD reacted higher after reaching a blue box area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area...
Tag: EURAUD
EURAUD Shows Bearish Sequence Favoring Downside
The Euro continues to slide against many other major currencies after Russia stopped the gas supplies. The deepening energy crisis causes fear of a recession in the Euro area. Europe has tried to diversify its energy sources...
EURAUD Buying The Dips At The Blue Box Area
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURAUD, published in members area of the website. As our members know, we’ve been favoring the long...
Selling Rallies in the EURAUD Using Elliott Wave Theory
EURAUD is one of 78 instruments that we analyze here at EWF. For some time, we have recommended our clients to keep the downtrend in the pair and that it was preferable to look for sell the...
EURAUD : Trading the Move Lower
The chart below of the EURAUD pair shows clear and visible bearish signals where the pair would find SELLERS and allow a trader to get in the market. A trader should always have a minimum of 3...
Elliott Wave View: EURAUD Can See More Downside
EURAUD shows incomplete sequence from March 19, 2020 high, favoring further downside. The internal of the decline from March 19 (1.98) high is unfolding as a double three Elliott Wave structure. Down from 1.98 high, wave ((W))...
Australian Dollar Extends Weaknesses
Australian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number...
Elliott Wave View: Further Strength in EURAUD
Elliott Wave View: Further Strength in EURAUD Short Term Elliott Wave view in EURAUD suggests the rally from February 21, 2019 low (1.5736) is unfolding as a 5 waves diagonal. Up from 1.5736, wave 1 ended at...
Elliott Wave View: EURAUD Bullish Sequence Favors More Upside
Elliott Wave view in EURAUD shows that the decline to 1.5337 low ended wave b. Rally from there unfolded as a 5 waves impulsive Elliott Wave structure. Up from 1.5337 low, Wave (1) ended at 1.5886, wave...
EURAUD Break and Retest (Apr 17, 2018)
EURAUD recently broke below its head and shoulders neckline to confirm that a downtrend is underway. Price is pulling up to this broken resistance for a retest, and holding as resistance could send the pair down to...