EURO’s downward consolidation against the dollar point at an ending diagonal that is most probably going to print another leg down below $1.1265. Once in, a decent throwback can be expected to complete minor wave 2.
DOLLAR is at its peak against the YEN but this might change soon as the bearish leg from 116 top hints at the completion of a flat pattern. Can bulls take over, or let the trend continue a bit longer?
OIL persisting at highs is a signal of a correction rather than the end of the upward movement. Despite moving higher, the upside might be limited any way it’s looked upon as the 5th and last wave is right around the corner above $87.70.
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Daily Elliott Wave Forecast: EURUSD, USDJPY, WTI (26.01.22)
EURO’s downward consolidation against the dollar point at an ending diagonal that is most probably going to print another leg down below $1.1265. Once in, a decent throwback can be expected to complete minor wave 2.
DOLLAR is at its peak against the YEN but this might change soon as the bearish leg from 116 top hints at the completion of a flat pattern. Can bulls take over, or let the trend continue a bit longer?
OIL persisting at highs is a signal of a correction rather than the end of the upward movement. Despite moving higher, the upside might be limited any way it’s looked upon as the 5th and last wave is right around the corner above $87.70.
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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