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We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
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  • AUDUSD: Intra-day Change In Trend; Could See 0.9500 0 comments
    Jun 11, 2013 3:57 PM | about stocks: AUD

    Five wave rally from the lows suggests that trend has changed on AUDUSD, at least temporary. As such, we expect minimum three wave rise now, possibly through 0.9500 level. Near-term pull-back may look for a support around 0.9380/0.9400. Aggressive, contra-trend traders will be looking for long intra-day opportunities while 0.9326 low is in place.
    AUDUSD 15min

    (click to enlarge)


    Stocks: AUD
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