• 11 hours Did North Korean Hackers Just Steal $13M From Global ATMs?
  • 12 hours Asian Tech Stocks Rebound After A Tough Week
  • 13 hours Switzerland Bans New Audi, Mercedes, Porsche Imports
  • 14 hours Sealing Off The North Korea Smuggling Loophole
  • 16 hours This Tech Giant Is Pushing For Blockchain Adoption
  • 18 hours Venezuela’s Gold Reserves Are Reaching Critical Levels
  • 1 day Brexit Woes Weigh On The British Pound
  • 1 day Forget Turkey, This Is The Biggest Threat To European Finance
  • 1 day There’s No Hiding From Google
  • 2 days Turkish Lira Bounces Back After Qatar Bailout Pledge
  • 2 days What Happens If Tesla Goes Private?
  • 2 days China's Most Powerful Weapon In The Trade War
  • 2 days Can The S&P 500 Shake Off Negative Sentiment?
  • 2 days Standards Go Out The Window As Employers Struggle To Fill Jobs
  • 2 days The Two Trillion Dollar Markets Amazon Hasn’t Conquered
  • 2 days Digital Supermodels Outperform Humans
  • 3 days France Could Lose Billions In EU Trade Route Redirection
  • 3 days Beer Giants Are Striking Out With Millennials
  • 3 days What Is Bakkt And Can It Take Bitcoin Mainstream?
  • 3 days Tesla’s Board Delivers A Stern Message To Elon Musk
Time To Buy A Lada? Russian Auto Sales Are Booming

Time To Buy A Lada? Russian Auto Sales Are Booming

Russia’s flagship carmaker was once…

U.S.-Turkey Tensions Take A Dangerous Turn

U.S.-Turkey Tensions Take A Dangerous Turn

U.S.-Turkey tensions have reached a…

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