ew-forecast.com's  Instablog

ew-forecast.com
Send Message
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
My company:
ew-forecast
  • Elliott Wave Forecast For AUDUSD: Bear Market Rally 0 comments
    Jul 18, 2013 4:27 AM | about stocks: AUD

    AUDUSD recovered nicely in this week from 0.9000 psychological level, but rally may not last long as we suspect that current bullish leg is wave C), final leg of a three wave recovery in blue wave (4). It seems that pair has made a flat correction, which means that market can turn sharply bearish very soon. Keep an eye on minor impulse down for evidence of a downtrend continuation. We will be tracking hourly price action on intra-day page very closely.

    If you are interested in our analysis then you can try us absolutely FREE FOR 7 DAYS!

    Visit http://www.ew-forecast.com/service/ for more details.

    (click to enlarge)

    Regular flat

    A Flat is a three-wave pattern labeled A-B-C that generally moves sideways. It is corrective, counter-trend and is a very common Elliott pattern.

    (click to enlarge)

    If you are interested in our analysis then you can try us absolutely FREE FOR 7 DAYS!

    Visit http://www.ew-forecast.com/service/ for more details.

    Stocks: AUD
Back To ew-forecast.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • Article about $OIL and $CAD with a lot of charts.. will OIL and CAD gain? >>>>>> https://goo.gl/ffjWjX
    about 22 hours ago
  • EURAUD is turning up strongly... price now 200 pips away from our highlighted support area! >>> http://goo.gl/P9yyzz
    Sep 9, 2016
  • USDCHF: Before Brexit happened and today! Just listen the price action. https://t.co/M9drn1oKNw
    Jun 24, 2016
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.