Euro continued its ascend against the dollar on Monday, reaching $1.07 and receiving rejection – for now. Its structure hints at a final wave up to complete wave C of (4). Can it get past $1.0750 and surprise us all?
The SPX remained under pressure near recent lows with the price action resembling an ending diagonal as time passes. One more leg down would likely confirm the case where wave C will complete, but only if it prints a false break.
The Alibaba stock has plummeted more than 90% from its record highs, and it looks like more is coming. However, it’s highly unlikely it goes much deeper as it takes the form of an ending diagonal, whether in wave (5) or (C). Which one will prevail?
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.
Daily Elliott Waves Forecast: EURUSD, SP500, BABA (24.05.22)
Euro continued its ascend against the dollar on Monday, reaching $1.07 and receiving rejection – for now. Its structure hints at a final wave up to complete wave C of (4). Can it get past $1.0750 and surprise us all?
The SPX remained under pressure near recent lows with the price action resembling an ending diagonal as time passes. One more leg down would likely confirm the case where wave C will complete, but only if it prints a false break.
The Alibaba stock has plummeted more than 90% from its record highs, and it looks like more is coming. However, it’s highly unlikely it goes much deeper as it takes the form of an ending diagonal, whether in wave (5) or (C). Which one will prevail?
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.
Open account
Latest Posts
Amega launches a brand new client area… and the crowd goes wild!
16 November 2023Amega reduces spreads up to 50%
25 September 2023Amega is going to the Traders Fair South Africa, 2023
14 September 2023Copycats: How social trading is changing the game.
18 July 2023BRENT 14.07.2023
14 July 2023Categories
Tags