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 […]
EWFOREX.NET El gas natural cayó más de un 50% por debajo de su máximo histórico. Sin embargo, el petróleo ha subió más del 3,3% esta mañana tras perder un 12% en la sesión de ayer. Los Emiratos Árabes Unidos pidieron a la OPEP que aumente la producción. La OPEP no fue clara en su mensaje […]
BTC/USDt Update 11:00 a.m. Wednesday March 9, 2022 at Subminuette Degree: The move up from the March 7th low is carving out an impulse. Price is at 44460 in the final swings of what looks like a flat at Submicro degree. This will complete micro 4 near lower channel support. A move below the 41318 […]
BTC/USDt Update 10:00 a.m. Wednesday March 9, 2022. Bitcoin is now trading at $42230—about a 9.2% gain so far today. This is a nice move but still short of the 45400 resistance. If the move from the 32917 Jan 23 low is a triangle, then we can expect a drop in price soon. A move […]
