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Analysis Technical analysis

AUDUSD 23.05.2022

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.71107-0.71016 and it is going to the target zone №2 0.72017-0.71926. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.70070-0.69979. In case of the […]

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Analysis Technical analysis

AUDUSD 13.05.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.69019-0.68928 and it has a potential to reach the target zone №2 0.68109-0.68018. The best prices to try to have a short position are the control resistance zone 0.69287-0.69196. In case of the price is fixed upper the control […]

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Analysis Technical analysis

AUDUSD 06.05.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.70839-0.70748 and it has a potential to reach the target zone №2 0.69929-0.69838. The best prices to try to have a short position are the control resistance zone 0.71771-0.71680. In case of the price is fixed upper the control […]

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Analysis Technical analysis

Daily Elliott Wave Forecast: XAUUSD, USOIL, AUDUSD (05.05.22)

Gold rose following a 5-wave downside print and is likely to go higher in the short-term as part of a minuette correction. Invalidation lies at $1920/oz, but in the interim, $1893/oz and $1905/oz make good resistance. Oil still resembles a triangle, but this is the second time we had to postpone wave e. A break […]

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Analysis Technical analysis

Daily Elliott Wave Forecast: GOLD, USDCHF, AUDUSD (03.05.22)

Gold plunged on Monday after breaking outside a bearish and bullish channel. With (encircled) wave ii completed, we could see momentum increase as wave 3 seems imminent unless we head back towards 1900/oz. The Swiss franc continued weakening against the greenback but the pair’s structure hints at further upside as there is no evident wave […]

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Analysis Technical analysis

AUDUSD 29.04.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.70834-0.70752 and it has a potential to reach the target zone №2 0.70009-0.69927. The best prices to try to have a short position are the control resistance zone 0.71455-0.71373. In case of the price is fixed upper the control […]

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Analysis Market overview

Top Market Opportunities 25.04.2022 – 01.05.2022

This week we will get releases on the US and EU GDP figures, inflation data from EU countries, and the bank of Japan’s central banking meeting. Last week’s corporate earnings was badly performed by Netflix. There is now concern on whether Meta, Alphabet and Amazon will be able to beat expectations this week as IMF […]

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Analysis Technical analysis

AUDUSD 22.04.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.73309-0.73227 and it has a potential to reach the target zone №2 0.72484-0.72402. The best prices to try to have a short position are the control resistance zone 0.74321-0.74239. In case of the price is fixed upper the control […]

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AUDUSD 14.04.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.74134-0.74052 and it has a potential to reach the target zone №2 0.73309-0.73227. The best prices to try to have a short position are the control resistance zone 0.74823-0.74741. In case of the price is fixed upper the control […]

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Daily Elliott Wave Forecast: EURUUSD, SPX500, AUDUSD (12.04.22)

Euro’s 0.50% gain against the dollar was largely reversed by day’s end on Monday but its structure resembles a corrective structure downward which may be an ending diagonal. Going up or down intraday won’t change much in the medium term. The SPX plummeted some 1.70% but its overlapping structure hints at a leading diagonal. If […]

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