Category Archives: AUD

Elliott Wave Analysis of AUD/USD (Australian Dollar)

The Elliott Wave analysis of AUD/USD published on 24th May in wavetimes suggested that any recovery to 0.8550 levels will find fresh sellers. The downside objective was below 0.7800. To our delight, the currency ran into a brick wall on … Continue reading

Share
Posted in AUD | 3 Comments

Elliott Wave Analysis of AUD/USD Australian Dollar 24 May 2010

There are two interesting developments in a chart that makes me sit up and take notice. One is an extending fifth wave, The other is a failed fifth wave. The Australian Dollar or AUD/USD had posted a failed fifth wave … Continue reading

Share
Posted in AUD | Tagged | Leave a comment

Elliott Wave Analysis of AUD/USD Australian Dollar

AUD has had a failed fifth wave Continue reading

Share
Posted in AUD | Tagged | 2 Comments

Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the … Continue reading

Share
Posted in AUD, GBP, India | Tagged , , , , , , | 3 Comments

Elliott Wave Analysis of Australian Dollar

This page gives you an example how one could use Elliott Wave Analysis to trade AUD/USD or the Australian Dollar. It was back in April 2001 that the Australian Dollar commenced its bull market run from a low of 0.4773. … Continue reading

Share
Posted in AUD | Tagged , , , , , , , , , | Leave a comment

AUD in a complex correction

Traders often lose money when trying to squeeze additional profits during a complex correction. Wave theory is quite clear. Corrections tend to alternate between simple and complex patterns. Also, the market tends to correct a prior impulse wave both in time and price Continue reading

Share
Posted in AUD | Tagged , , , | Leave a comment