EURO closed Wednesday 0.50% higher and added another 0.20% on its gains intraday against the DOLLAR. With five waves competing the downside leg, it seems we are now correcting before continuing lower. Will $1.14 hold bulls?
The SPX index soared 1.5% as the #greenback weakened accross the board. For what is worth, the correction might be complete now and a new buillish impulse could have started already. Can the Fed minutes support the rally?
Againts FRANC, USD has been somewhat mixed as participants attempt to demistify risk appetite. Is the correction part of a triangle or just a simple zigzag?
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Daily Elliott Wave Forecast: EURUSD, SPX500, USDCHF (16.02.22)
EURO closed Wednesday 0.50% higher and added another 0.20% on its gains intraday against the DOLLAR. With five waves competing the downside leg, it seems we are now correcting before continuing lower. Will $1.14 hold bulls?
The SPX index soared 1.5% as the #greenback weakened accross the board. For what is worth, the correction might be complete now and a new buillish impulse could have started already. Can the Fed minutes support the rally?
Againts FRANC, USD has been somewhat mixed as participants attempt to demistify risk appetite. Is the correction part of a triangle or just a simple zigzag?
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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