The euro plunged 1.30% against the dollar yesterday following a week attempt to recapture $1.1122.Will it continue its descent? The fourth wave could have been finished now, and the next leg might be registering a fresh low.
Similarly, the franc lost 0.40% against the greenback, with the latter taking over 0.93. With a triangle looking complete, can the upside continue to fresh highs? The long-term sees unity once again.
The price of oil plummeted some 8% off its yesterday highs of $115/bbl and towards the $100 barrier. It still seems to be correcting, and another all-time high could still play out before the actual reversal.
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Daily Elliott Wave Forecast: EURUSD, USDCHF, WTI (11.03.22)
The euro plunged 1.30% against the dollar yesterday following a week attempt to recapture $1.1122.Will it continue its descent? The fourth wave could have been finished now, and the next leg might be registering a fresh low.
Similarly, the franc lost 0.40% against the greenback, with the latter taking over 0.93. With a triangle looking complete, can the upside continue to fresh highs? The long-term sees unity once again.
The price of oil plummeted some 8% off its yesterday highs of $115/bbl and towards the $100 barrier. It still seems to be correcting, and another all-time high could still play out before the actual reversal.
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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