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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 Waves Forecast: EURUSD, OIL, GOLD (22.03.22)
EURO has started its trading week on bad footing against the DOLLAR after having printed a 1% decline early on Tuesday. Its structure, however, hinted at bearish movement since the last video. Are we heading for a fresh low, or is the current price action a sideways continuation?
OIL had an impressive rally of 7.50% on Monday but its momentum wanes and it’s unlikely to keep going up for much longer. Whether this is the end of wave B or encircled a will be known after we fall towards the base channel. Until then, can WTI break $115/bbl in the short term?
GOLD has continued its sideways trading but prices getting trapped hint at an impending breakout. It rose 1% on Monday but its range has been 1.5% wide, suggesting the pattern might take its course soon. Will it be up above $2k/oz, or has the correction ended prematurely at $1950/oz?
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