AUDUSD

The current AUDUSD structure hints that the primary triple zigzag cycle wave b has completed. Impulsive wave (C) reached equality with wave (A) at the level of 0.757. It is likely that the currency pair could fall to the minimum below…

The current AUDUSD structure indicates a cycle corrective wave b of a triple zigzag. The specified zigzag consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The final wave Ⓩ takes the form of an intermediate degree (A)-(B)-(C) zigzag. Intermediate impulse…

The AUDCAD has been trading in a descending channel since prices dropped out of its six-month ascending channel in September. Bias now turns to the downside as a recent attempt at the back end of last month saw levels dip to the mid 0.92…

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 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,…

GBPJPY Inches Up on Deal Optimism The pound sterling could continue to strengthen against the yen. This is as long as hopes of a limited trade deal keep sellers at bay. Markets have shrugged off August’s slower-than-expected GDP…