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…
US SPX500 CRASHES AS US CENTRAL BANK HIKES RATES BY 75 BASIS POINTS!
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…
Gold Continues Downtrend Falling Below Critical Support
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…
Markets Back in Panic Mode US SPX500 RED AGAIN!
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….
Precio del Dolar
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
USD DOLLAR PERUVIAN SOL
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
USD/CAD Breaks Critical 1.32 Resistance
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!
SPX500 Showing Signs Correcting Bearish Trend
EWFOREX.NET TECHNICAL ANALYSIS US Dow 30 Daily Bar Elliott Wave Forecast SPX500 1 Hour Bar Update 7:45 a.m. Lima SPX500: The index tested the 3883 Sept 06 low now resisting and has slid back negative and heading down to Fibonacci 127.2% in what looks like a ending diagonal. The 138.2% is the last support for…
Markets Panic Crashing Risk is Off!
USD/PEN S/ 3.87; EUR/USD $1.00; BITCOIN 20309; GOLD $1705; USOIL 89.22 Yesterday market bloodbath started in the US. US major indexes went into full panic mode early and never looked back closing at the lows. The Dow Industrials fell 1276.37 points–a -3.94%; and the SPX 500 slid 177.72 points which was a whopping 4.32% loss….
TECHNICAL ANALYSIS BTC/USDT Bitcoin Ending Week Rally
EWFOREX.NET THE ELLIOTT WAVE PRINCIPLE Monday 12:15 p.m. Lima Binance Bitcoin $22225; Bloomberg USD/PEN S/3.84; EUR/PEN S/3.90 FXCM EUR/USD $1.01; GOLD $1730; USOIL $87.80 BTC/USDT WEEKLY BAR CHART BTC/USD 4 HOUR CHART BTC/USD 1 HOUR CHART BTC/USD 15 MINUTE CHART