Sunday, December 13, 2020

$AUDUSD Daily #ElliottWave Count

 AUDUSD Daily Elliott Wave Count

The AUDUSD looks to be headed higher in a final fifth wave toward the .8150 area.  This would probably complete an A wave with a B wave down to follow in the months ahead. 

AUDUSD Daily Elliott Wave Count

AUDUSD Daily Elliott Wave Count
AUDUSD Daily Elliott Wave Count




$EURUSD Daily #ElliottWave Count

 EURUSD Daily Elliott Wave Count

Last week I mentioned the EURUSD targets of around 1.2400 to 1.2450.  I do believe the pair could reach 1.2800 - 1.2850 with a C equal A target on the weekly charts.  If the pair is going to reach the 1.2800 - 1.2850 target the I would expect the wave V to be extended.  

 EURUSD Daily Elliott Wave Count

EURUSD Daily Elliott Wave Count
 EURUSD Daily Elliott Wave Count


 

Friday, December 11, 2020

$AUDNZD Daily #ElliottWave Count

 $AUDNZD Daily #ElliottWave Count

I mentioned in a Tweet last week that the #AUDNZD may be breaking higher out of a down trend channel.  Today the pair had a daily close outside of the channel along with the RSI having the strongest close since Oct. 8th 2020.  The AUDNZD downtrend may be over,  I do believe the pair is headed above 1.1044.

$AUDNZD Daily #ElliottWave Count
$AUDNZD Daily #ElliottWave Count
$AUDNZD Daily #ElliottWave Count


   

$AUDCAD Hour #ElliottWave Count

 $AUDCAD Hourly #ElliottWave Count

As mentioned here with the Daily #Elliott Wave count, I believe the AUDCAD could be heading into a strong 3rd wave.  

Looking at the hourly Elliott Wave Count the pair could be working on the first wave of that strong 3rd wave. 

The pair will need to continue moving up in a serious of 4th and 5th waves. 

$AUDCAD Hourly #ElliottWave Count

$AUDCAD Hourly #ElliottWave Count

$AUDCAD Hourly #ElliottWave Count





$AUDCAD Daily #ElliottWave Count

 $AUDCAD Daily #ElliottWave Count


The Daily AUDCAD Elliott Wave Count is looking very bullish as it could be starting a 3rd wave higher.  

A break of the .9248 level will invalidate the Daily Elliott Wave Count.

$AUDCAD Daily #ElliottWave Count$AUDCAD Daily #ElliottWave Count