Report
Hendra Lau

EURAUD : Another Rally Higher?

EURAUD BUY/LONG Trade Setup: February 2017 EURAUD found a bottom, rallied higher and has been trending higher since.  Traders should continue to follow the trend  and look for possible signals for any buying opportunities. At the moment the pair can extend higher as long as the September 20/2018 low holds. A simple A-B-C (Red) Elliott Wave correction can be seen and has possibly terminated in the blue box, where we at EWF, expected the pair to find buyers and bounce. The move/wave higher, from September 20/2018 low, can now be possibly labelled as red wave 1 and at the current moment we are expecting for the possible red wave 2 to terminate

Provider
Elliott Forecast
Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

Analysts
Hendra Lau

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