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AUDUSD
AUDUSD Intermediate Correction Nears Completion Level
The current AUDUSD structure hints at a corrective wave b. This takes the form of a triple zigzag, as the final primary wave Ⓩ is currently under development
The bullish wave Ⓩ is an intermediate (A)-(B)-(C) zigzag.
Intermediate…
AUDUSD Impulse To Complete Triple Zigzag
AUDUSD continues to form a corrective triple zigzag wave b of the primary degree.
At the time of writing, sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ are fully complete.
The final bullish wave Ⓩ is an intermediate (A)-(B)-(C) zigzag.
In the medium term,…
AUDUSD Triple Zigzag Hints at Trend Reversal
The current AUDUSD structure hints at the formation of a cycle degree a-b-c zigzag.
Corrective wave b is a complete triple zigzag and consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ .
In the medium term, we could see a long decline in impulse wave c…
AUDUSD Bullish Trend Nears Terminal Point
AUDUSD seems to be forming a triple zigzag pattern consisting of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
Primary sub-waves Ⓦ-Ⓧ-Ⓨ and Ⓧ are complete.
In the near future, we can expect wave Ⓩ to lead prices higher to 0.773.
At that level, wave Ⓩ will…
AUDUSD Triple ZigZag in Its Final Leg
AUDUSD seems to be forming a triple zigzag in cycle wave b. The bullish pattern consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
The current structure suggests that we are in the final wave. Wave Ⓩ is a standard zigzag (A)-(B)-(C) of the…
AUDUSD Trend Poised to End Soon?
AUDUSD's pattern resembles a triple zigzag consisting of waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
The first four parts of the primary degree pattern seem fully complete.
Prices suggest that the correction wave Ⓧ has ended. This is a potential signal that…
AUDUSD Impulse Not Finished Just Yet
AUDUSD seems to be forming a zigzag consisting of primary waves Ⓐ-Ⓑ-Ⓒ.
With waves Ⓐ and Ⓑ complete, we can expect wave Ⓒ to complete the bullish pattern soon.
Bulls have managed to complete minor sub-waves 1 and 2. We can expect the…
AUDUSD Consolidation to Offer Breakout
Aussie bulls failed to break the descending trendline TR2 twice now. With bears having had an easier job against weakening bulls, a breakout of the ascending channel starting Mar 26 occurred on May 11.
A test of the short-term low at TR1…
AUDUSD: 0.650 Likely To Complete Correction
The AUDUSD structure shows a bearish impulse consisting of waves ①-②-③-④-⑤.
The first four parts of the primary degree pattern appear to be fully completed.
At the time of writing, the intermediate wave (1) of ⑤ is complete.…