Main

Elliott waves analysis

This forecast is based on the Elliott Wave Principle which states that investor psychology is the motor behind the stock markets. In this analysis however, the analyst not only observes the previous price patterns, but also takes into account the correlation between different pairs before releasing forecasts.

Subscribe to our RSS
Elliott waves analysis feed

Start
trading

OPEN
DEMO ACCOUNT

Elliott waves analysis

17 - 21 January	weekly forecast 17 - 21 January Gold is within a range Gold Weekly Review Wave Analysis Gold is currently trading within a range. As long as the price remains below the level 1849.21 and above 1728.30, I expect nothing but a possible momentum to the lowerside. As it is right now, I expect a possible break below the lower trendline and also bel More
2022	EURUSD	GBPUSD	USDJPY
21 January	We are buyers Wave Analysis: The Euro bounced back from the upper trendline to the lower trendline in the previous corrective wave count,we currently expect momentum to the upperside towards 1.1495 or even muuch further.On the flipside if the price breaks and closes below the lower trendline the n that would be More	We are buyers from 1.3588 towards 1.3845. Wave Analysis: This pair has been rallying between the upper and the lower trendline for a while now,currently the price is in a corrective move at the lower trendline,As the price is we are looking for bullish momemtum towards 1.3845 which is on the upper trendline in a move to complete the impul More	We are buyers from 113.65 towards 114.45. Wave Analysis: The US Dollar is curently on a downtrend,as it is now we are waiting for a rebound to the upper trendline then the price to continue to the lower trendline in a move to complete the corrective and impulsive waves counts.If you are in this chat now you should look at buy positions aro More
20 January	Wait for a break above the resistance zone to pick a buy towards 1.1495.	We are sellers towards 1.3515.	We are buyers for now.
19 January	We are sellers towards 1.0880.	We are sellers with our take profit at 1.3020.	We are buyers with an ideal target at 116.
18 January	We are buyers from 1.1400 with our target at 1.1510.	We are sellers from the upper trendline with an ideal target at 1.3560.	We are buyers towards 115.40.
17 January	We are sellers from 1.1418 towards 1.0945.	We are sellers from 1.3675 with an ideal target at 1.3050.	We are buyers from the lower trendline up to 117.05

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.

© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.

Riston Capital Ltd (20623 BC 2012) with registered address at Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines.

Elliott waves analysis

Our best awards: