AUD/USD Elliott Wave technical analysis [Video]
|AUD/USD Elliott Wave technical analysis – Day chart
Function: Bullish Trend.
Mode: Impulsive.
Structure: Orange wave 3.
Position: Navy blue wave 1.
Direction next lower degrees: Orange wave 4.
Details: Orange wave 2 seems complete; orange wave 3 is now active.
Invalidation level: 0.63734.
The daily Elliott Wave analysis of AUDUSD shows a bullish trend with strong impulsive behavior. Orange wave 3 is currently unfolding within the broader navy blue wave 1, indicating the beginning of a potential major uptrend. The next expected step in this wave sequence is orange wave 4, a corrective move likely to follow wave 3’s completion. Observations suggest orange wave 2 has ended, and orange wave 3, typically the longest and strongest wave, is now underway.
The current bullish trend is backed by consistent upward momentum, driven by buyer interest. A break below 0.63734 would invalidate the wave count and change the bullish outlook. The daily timeframe gives this analysis broader context and reliability. With wave 3 usually providing the clearest upward strength in Elliott Wave theory, this setup suggests significant upside potential. Traders should watch for confirmation signs of continued wave progress while maintaining awareness of the key invalidation level.
AUD/USD Elliott Wave technical analysis – Four-hour chart
Function: Bullish Trend.
Mode: Impulsive.
Structure: Gray wave 3.
Position: Orange wave 3.
Direction next higher degrees: Gray wave 3 (begun).
Details: Gray wave 2 seems completed; gray wave 3 is in play.
Invalidation level: 0.63734.
The 4-hour chart analysis of AUDUSD indicates a strong bullish trend via Elliott Wave interpretation. The pair is moving through gray wave 3 inside orange wave 3, marking a potent upward phase. Following gray wave 2’s apparent completion, the chart suggests the start of a typically aggressive and extended wave 3 movement. This phase is often the most trade-worthy due to clear momentum and trend direction.
As long as prices remain above 0.63734, the bullish structure holds. The impulsive wave characteristics align with rising buyer pressure and support sustained gains. This 4-hour timeframe offers a detailed yet broader view, helping traders track real-time developments while filtering minor fluctuations. The analysis supports continued upside if wave patterns remain intact and can help guide trade entries and exits.
AUD/USD Elliott Wave technical analysis [Video]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.