{"id":33000,"date":"2012-10-18T13:53:11","date_gmt":"2012-10-18T17:53:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=33000"},"modified":"2012-10-18T13:55:31","modified_gmt":"2012-10-18T17:55:31","slug":"video-audusd-look-to-the-1-05-area","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/10\/18\/video-audusd-look-to-the-1-05-area\/","title":{"rendered":"(VIDEO) AUD\/USD: “Look to the 1.05 Area…”"},"content":{"rendered":"

8-minute video by EWI’s Currency Specialty Service editor shows you how the Elliott wave concept of “waves within waves” allows you to find both the short- AND long-term trends. <\/span>
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By Elliott Wave International<\/span><\/h3>\n

In mid-July, AUD\/USD, the exchange rate between the U.S. and Australian dollar (and a popular forex pair) was trading near 1.0100.<\/p>\n

But Elliott wave analysis told EWI’s Currency Specialty Service<\/em> editor, Jim Martens, to expect a big rally: all the way to 1.05, at least.<\/p>\n

Three weeks later, AUD\/USD indeed rose to that target — and then some. On August 7, AUD\/USD hit a high of 1.0600 — a 400-pip rally.<\/p>\n

There is a lot more to this story.<\/p>\n

Watch the entire 8-minute video Jim Martens recorded for his subscribers on July 13. It’s a great lesson in using Elliott to find multiple trading opportunities at various degrees of trend.<\/p>\n

The video also gives you a taste of the kind of analysis you get 100% free for 7 days<\/strong><\/a><\/span>, starting on October 17, during our special event for currency traders: Forex FreeWeek.<\/strong><\/a><\/p>\n

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Join EWI’s Forex FreeWeek now >><\/strong><\/a><\/span><\/p>\n

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