Bitmarketperu.com USD/PEN S/3.8647; Bitcoin $16586 Gold $1770; USOIL 88.39 EUR/USD $1.0328 COPPER $3.8537 The rally from the $15588.0 Nov 9th low has fizzled into a contraction with its resistance at the $18199.00 and support at the $15815.21 Nov 14th low. Structurally, the pattern has the potential to run up to the $18464.27. There is a […]
USD/PEN S/3.8950; EUR/USD $0.9999; BITCOIN $16801; GOLD $1702.30; USOIL $85.70 EWFORE.NET US DOLLAR/ PERUVIAN SOL fell below the Fibonacci 61.8% Intermediate 2vs1 today hitting a low of 3.88. The Elliott Wave Structure counts five waves at the 3.6222 2021 low. The rally to the near 4.0007 Oct 2022 high is overlapping and most likely a […]
EWFORX.NET USD/PEN S/3.9360; EUR/USD $0.9784; BITCOIN $19284; GOLD $1659; USOIL $82.24; Fundamental This morning markets blood red again! The Dow Jones Futures is down 1.06%. And Europe isn’t faring any better with the Stoxx 600 down -1.43%. And Asia closed red last night with Shanghai down -0.13%. Fundamentals German inflation hit 10% in September. A […]
EWFORE.NET USD/PEN S/3.9172; EUR/USD $0.9839; BITCOIN $19019 GOLD $1674; USOIL 83.59 Bank of England raises rates for the 7th time. Last night the Bank of England hiked its key interest rate by 50 basis point to 2.25% as the global fight against inflation continues. Asian stocks closed red last night. The Nikkei 225 (-0.58%), Hang […]
EWFOREX.NET USD/PEN 3.9087; EUR/USD $0.9840; BITCOIN $18456 GOLD $1673; USOIL $83.03 US CENTRAL BANK RAISES FED FUNDS RATE The US Federal Reserve raised its fed funds rate to 3.25—a 75 basis point hike. This was the fifth consecutive hike by the Fed as it chases rising bond yields. The US 10-year yield hit an intraday […]
EWFOREX.NET USD/PEN S/3.8985; EUR/USD $0.9894 BITCOIN $19361 GOLD $1667; USOIL 83.78 Gold is trading at $1671—19.5% below the 2075.48 Aug 01 high. Structurally, the drop below the 1676.85 low leaves the yellow metal potentially falling considerably lower. Price is now well below the weekly 144/169 tunnel. Despite the monthly being above the tunnel, the weekly […]
US SPX500 moved up above the 3883 Minuette (i) low only to fall back down below it sending markets into the red once more. It is clear that global markets are paying very close attention to the US stock market. The dollar is boss pretty much across the board as investors dump everything for cash. […]
EWFOREX.NET USD/PEN S/3.8757; EUR/USD $0.9994; BITCOIN $19070 GOLD $1665; USOIL 83.80 USD/PEN DAILY BAR CHART EUR/USD DAILY BAR CHART
EWFOREX.NET USD/PEN 3.8751; EUR/USD $1.002; BITCOIN $19545 GOLD $1675; USOIL 85.39 Dollar Sol upside 3.9122 61.8% retrace of leading diagonal. Elliott Wave Structure
EWFOREX.NET US dollar broke above C$1.32 critical 2 year resistance. C$1.47 in sight. The dollar continues to outperform the majors. Dollar Yen is at 143–a level not seen since 1998! And the technical outlook has USDJPY hitting the 160!
