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Amega Global Ltd is an investment company authorised and regulated under the Financial Services Commission, Mauritius, Investment Dealer Licence: GB22200548. Findeavour Ltd is authorised as a technology service provider to Amega Global Ltd. Company number 12971852, United Kingdom.
No services are provided to residents or citizens of the USA, North Korea, Iran, Mauritius and the Russian Federation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read and ensure you fully understand our Risk Disclosure Policy before investing.
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Daily Elliott Wave Forecast: EURUSD, USDCHF, EURJPY (15.04.22)
Euro plummeted 1.50% versus the dollar on Thursday before exchanges closed for the long weekend. With the 5th wave completed at a fresh low, the cycle might have ended. Can bulls reclaim $1.10 early next week?
The Swiss franc has weakened against the dollar too, soaring some 1.30% to 1-month highs and counting. If this is indeed the impulse we expected, can we see a break of the 0.9460 or will the trend reverse once again?
Yen continued to range against the euro, and judging by the pair’s structure, we might be in for a correction down to 120.00 in the medium-term. It seems the triangle pattern identified weeks ago, might have expanded. A week ago, though, prices were 10% lower.
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