Oil prices keep rising as the simple zigzag identified sessions ago seems to be playing out. Soon, we will know if this is a triangle.
Meanwhile, the yen continues to weaken against the #greenback as the structure remains impulsive to the upside. However, we are likely to see a terminal wave in the short term.
The prices of silver remain under pressure as the last 5-wave motive move of the regular flat is not looking complete just yet. Will it turn into an open diagonal, though?
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Daily Elliott Wave Forecast: USOIL, USDJPY & SILVER (07.01.22)
Oil prices keep rising as the simple zigzag identified sessions ago seems to be playing out. Soon, we will know if this is a triangle.
Meanwhile, the yen continues to weaken against the #greenback as the structure remains impulsive to the upside. However, we are likely to see a terminal wave in the short term.
The prices of silver remain under pressure as the last 5-wave motive move of the regular flat is not looking complete just yet. Will it turn into an open diagonal, though?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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