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AUDUSD

AUDUSD Primary Wave Ⓧ Completion

A few weeks ago we talked about the AUDUSD currency pair. It is assumed that a bearish intervening wave x of a cycle degree is formed. It looks like a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Perhaps at the level of 0.710 we saw the end of the primary…

The Week Ahead: Side Effects

EURUSD sinks as US economy outperforms The US dollar surges to a ten-month high against the euro as the Fed tightening looms. Amid sell-off in risk assets, the greenback has outperformed thanks to its safe-haven status and the taper…