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Elliptt

AUDJPY : Intraday ViewOn this cross of AUDJPY, we see a possible corrective pullback that can be in late stages. This corrective pullback in the A-B-C form is after a five wave drop from February highs, so there is a good chance for the continuation of this pair to the downside. We will wait for the confirmation of the reversal and if we see 5 waves down and a corrective pullback we might consider this structure good for a short trade. www.ew-forecast.com @ewforecast
by ew-forecast
11
USD Index Could Reach Higher Levels After Temporary PullbackUSD index made an impressive run higher in the last 24 hours, to the upper side of a trading channel where gains can be limited, but not for long. What we see is wave (iii) at the high so pullback will be wave (iv) that can retrace back to 96.00 area before uptrend will continue. We think that price is headed up to 97.00 area in the next few trading days. www.ew-forecast.com
TVC:DXYLong
by ew-forecast
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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