The SP500 soared 2.80% yesterday on Fed’s weak hike amidst expectations for more aggressive policy. A break above 4420 could be the continuation signals we’ve been waiting for a while. Can the bullishness transpire into the index?
The Loonie dipped some 0.70% but its structure remains mixed and biased to the upside. After a running flat completion, can bulls make a decent attempt to end the correction in wave (4) a tad higher?
The euro has also dropped against the pound but only a marginal 0.20%. This one though looks like it has already reversed and it could be heading back to 0.95 levels should the ending diagonal structure prevail. Can that be the top quarter opportunity?
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Daily Elliott Waves Forecast: SP500, USDCAD, EURGBP (17.03.22)
The SP500 soared 2.80% yesterday on Fed’s weak hike amidst expectations for more aggressive policy. A break above 4420 could be the continuation signals we’ve been waiting for a while. Can the bullishness transpire into the index?
The Loonie dipped some 0.70% but its structure remains mixed and biased to the upside. After a running flat completion, can bulls make a decent attempt to end the correction in wave (4) a tad higher?
The euro has also dropped against the pound but only a marginal 0.20%. This one though looks like it has already reversed and it could be heading back to 0.95 levels should the ending diagonal structure prevail. Can that be the top quarter opportunity?
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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