Key Highlights EUR/USD failed to continue higher above 1.0450 and trimmed gains. A connecting bearish trend line is forming with resistance at 1.0385 on the 4-hour chart. GBP/USD is consolidating near the 1.2380 zone. USD/JPY dipped toward the 151.20 level and started a consolidation phase. EUR/USD Technical Analysis The Euro started a fresh increase above […]
Short term Elliott Wave view in Silver (XAGUSD) suggests that cycle from 3.27.2024 low is ongoing as a 5 waves impulse. Up from 3.27.2024 low, wave (i) ended at 25.38 and pullback in wave (ii) ended at 24.73. The metal extended higher in wave (iii) towards 27.33 and pullback in wave (iv) ended at 26.26. […]
The post Silver (XAGUSD) Looking to Extend Higher in a Nest appeared first on Action Forex.
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