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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: GER30, GBPUSD, USDJPY (08.06.22)
DAX seems to be printing a correction to the upside near the 15k or above. The completion of the ABC pattern is expected to provide traders bearish signals unless the main scenario gets invalidated to an ending diagonal.
The British pound has probably ended its correction in wave B against the dollar and this hints at a short-term upside but only in wave (4). Once the correction ends, the pair could start sliding back to multiyear low levels.
The greenback has reached multiyear record highs against the Japanese yen but its volumes are low, suggesting the 5th might be in sooner than many expect. It seems that the 135 zone is major resistance. Can it hold, and first, can it get there?
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