EWFOREX.NET USDollar costs 3.7299 soles; Bitcoin $39700; US Oil $100.98; Gold $1966 The dollar has been taking a beating since putting in its all-time high at 4.1448 Sol per Dollar on Sep 18 2021. But it looks like it might be over. The chances are good that a bottom has been put in for now […]
Yesterday, Bitcoin broke above the $45821.00 resistance and is up again this morning trading at $47255.00. It is safe to say now that Minute X is complete down at the $3755. Minute Y target it up at the upper channel trend line which should take price to the 52000s. Notice that the 38.2% Minor DvsB […]
EWFOREX.NET Gold Futures are up $9.10 (0.5% gain) this morning trading at 1946.8. Yesterday $GOLD Continuous contract (EOD) gained $15.80—a gain of 0.82% registering a $1937.30 at the close. The intraday low 1851.50 was able to stay above the previous day’s low while the intraday high pushed passed the previous 3 day’s highs, but was […]
Dollar/Sol opens up 3.7924 this morning and is now trading at 3.7923. Last week the USD/PEN gained 1.13% on the week opening up at 7.7389, dropping to a low of 3.7387, and running up to an intraday high of 3.7808 and closing the week there. Commodities, although, cooling off a bit, are still very high […]
USD/PEN: 3.7815 Sol Dollar Index: 98.22 Bitcoin: $40907 BTC Gold: $1933 an ounce US Oil: $104.95 barrel US Dollar index closed down for the week at 98.22. The Buck opened at 99.12 Monday, put in an intraweek high at 99.29 and an intraweek low at 97.72 before closing at 98.22 Friday. It was the first […]
EWFOREX.NET Dollar Sol Closed up 3.7333 well above the 3.70 Feb 18th low. The pair opened down at 3.7014 this morning and ran up all day and closing at the high 3.7333. The odds now favor a move up to the 3.7768 78.6% CvsA triangle. It can also be a flat, in which case it […]
EWFOREX.NET Dollar Sol opened down this Monday morning trading at 3.7019 per USD. This bearish move has two Fibonacci B wave support at the 1.14% 3.6922, the 1.272% at 3.6791 and the 1.382% at the 3.6682. The Elliott Wave structure has the pair in a B wave of a possible triangle form for Intermediate degree […]
EWFOREX.NET US Dollar Sol Slides below the 3.7064 Feb low. The pair is trading at the 3.6845 Soles per Dollar, just short of the Fibonacci 1.212% 3.6780 BvsA support. Inflation along with Commodities are up all over the word driving Dollar Sol down to levels not seen since mid-May of last year. If price keeps […]
EWFOREX.NET Pattern in progression: Minuette Degree Triangle The Crypto is trading at $39400 this Friday morning. The contraction from the 32917 June 13 low appears to be cutting out its Minuette degree c-wave. The ADX has slowed to 19.25 which is no trend while –Di hugs +Di on its downward slope. This is common ADX […]
EWFOREX.NET The US Dollar Continues to Slide Against the Sol Currently, the pair is trading at 3.7250 nearing its 3.7013 Feb 18 support. Dollar sol has been in a downtrend since the 4.1448 Sep 30 2021 high. The Elliott Wave Structure down has price completing a Minor Degree B wave of a larger impulse down […]
