• 8 hours Hawkish Fed Sends Gold Prices Crashing
  • 1 day Bezos Is Heading To Space This Sunday
  • 5 days El Salvador’s Surprise Bitcoin Move
  • 8 days Markets Unfazed As Inflation Hits 13-Year High
  • 8 days How the Token Economy is Disrupting Financial Markets
  • 10 days FBI Investigating 100 Types Of Ransomware Attacks
  • 12 days Fed Ends Corporate Credit Emergency Lending Program
  • 14 days AMC Becomes the Latest Winning Meme Stock After GameStop
  • 16 days The Real Reason Your 401k Has Been Lagging
  • 16 days China Lifts Cap On Births, Allows Three Children Per Couple
  • 18 days The Market Is Ripe For Another GameStop Saga
  • 21 days Senate Grills Big Banks Over Pandemic Opportunism
  • 23 days Cannabis Has A Major Cash Problem
  • 23 days Ransomware Netted Criminals $350M In 2020 Alone
  • 24 days Russia Is Taking On Google
  • 25 days Chinese Regulators Deal Another Big Blow To Bitcoin
  • 27 days Ohio Residents Brave Vaccine for Chance To Win $1M
  • 28 days Inflation Is Coming. Are You Prepared?
  • 29 days Travel Might Get Another Supersonic Disruption
  • 30 days The World Is Running Out Of 6 Key Resources
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Gregor Horvat

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for…

Contact Author

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On EURUSD And Silver

EURUSD

EURUSD is all-over the place; first reaction was down and then a spike up to 1.1111 resistance where bullish price may be rejected. We see potential expanded flat so new surprise can follow once again, this time to the bearish side.

EURUSD, 1H

EUR/USD 1-Hour Chart


Silver

Metals where down following the report but not for long. Silver found a support around 19.20 which could be low of a wave 4) so new bullish leg can be coming in play. Price is already above the upper channel resistance line but we want to see 20.50 broken for a bullish leg up to 21.60.

Silver, 1H

Silver 1-Hour Chart

 


Interested in our services ? We have a Special Offer : Get First 2 Months For The Price Of 1!! Grab the opportunity now at www.ew-forecast.com

 

Back to homepage

Leave a comment

Leave a comment