Euro continues to accelerate against the Dollar as the trading week comes to a close. Despite looking impulsive, there are striking structures hinting at correction. In the short term, however, more upside is plausible.
WTI holds firm above the $100/bbl barrier and although looking corrective to the upside, a flat offers bullish bias. In the short-term, the correction downwards though might not be down as the downside leg has five waves printed.
Silver has made an impressive comeback but it hangs on a possible correction — proportionally. Can it get to levels that would invalidate a reversal near $24/oz? Highly unlikely. But $22.50/oz is not, at least in the short term.
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.
Daily Elliott Wave Forecast – EURUSD, OIL, SILVER (20.05.22)
Euro continues to accelerate against the Dollar as the trading week comes to a close. Despite looking impulsive, there are striking structures hinting at correction. In the short term, however, more upside is plausible.
WTI holds firm above the $100/bbl barrier and although looking corrective to the upside, a flat offers bullish bias. In the short-term, the correction downwards though might not be down as the downside leg has five waves printed.
Silver has made an impressive comeback but it hangs on a possible correction — proportionally. Can it get to levels that would invalidate a reversal near $24/oz? Highly unlikely. But $22.50/oz is not, at least in the short term.
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.
Open account
Latest Posts
Amega launches a brand new client area… and the crowd goes wild!
16 November 2023Amega reduces spreads up to 50%
25 September 2023Amega is going to the Traders Fair South Africa, 2023
14 September 2023Copycats: How social trading is changing the game.
18 July 2023BRENT 14.07.2023
14 July 2023Categories
Tags