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

14 - 18 June	weekly forecast 14 - 18 June Weekly Review Gold Weekly Review Wave Analysis Few days ago, gold bounced off from the level 1902.32, however, the price is yet to make any significant move to the lowerside. As long as the price remains below the level 1902.3, we are sellers. The idea is to pick low risk sell positions expecting surge More
2021	EURUSD	GBPUSD	USDJPY
18 June	We're holding onto a possible long term sell position towards 1.14755. Wave Analysis Yesterday, Euro continued to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the level 1.22330, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continua More	We're sellers towards 1.37 Wave Analysis The British pound continues to rally to the lowerside and is still pretty much bearish. As long as the price remains below the Alligator indicator, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive More	We're sellers towards 109.600. Wave Analysis After failing to breakout above the upper trendline, the US Dollar is currently heading to the lowerside. As it is now, we are expecting further momentum to the lowerside and may eventually break and close below the lower trendline. If this is the case, then a momentum towards 108.443 More
17 June	We're sellers towards 1.18840.	We're sellers towards 1.37090.	Hold onto long position towards 116.00.
16 June	Wait for a low risk sell position with an ultimate target set at 1.14755.	As long as the price is below 1.40927, we are sellers towards 1.37080.	Remain long towards 116.00.
15 June	We're sellers towards 1.14755	Wait	We're buyers towards 116.00.
14 June	We’re sellers towards 1.14755.	Wait and buy a breakout above 1.42 towards 1.43.	Watch for a possible buy signal towards 110.90

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: