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

27 - 31 August	weekly forecast 27 - 31 August Gold still depreciating Gold weeklly review Wave Analysis During the previous weeks, after a break below the weekly support level 1203.19, Gold markets pulled back to the same level but failed to breakout above it, as long as the price remains below 1203.19, we expect a possible momentum to the lowerside. The anticipat More
2018	EURUSD	GBPUSD	USDJPY
31 August	We're looking for a rebuy from 1.1584 Wave Analysis After a momentum to the upperside earlier this week, euro is currently pulling back to the lowerside but is still above 1.15967-1.14430. The zone just stated above is a key weekly supportive zone and as long as the price remains above this zone, we expect nothing bu More	Wait for asell from 1.30612 Wave Analysis During this week, the cable has been in a constant up trend and is now approaching a key weekly resistance level 1.30612. This is a potential sell place and as long as it protects the upperside, we're waiting for a clear rebound from it to pick a long short position. The aim here is t More	We're short Wave Analysis After an attempt breakout above the upper trendline, the US Dollar is now below the same trendline but within the falling wedge formation. While the price is within the falling wedge formation, we expect nothing but a possible momentum to the lowerside. As long as the price remains wi More
30 August	wait	Still Bullish on the intraday charts	On the sidelines
29 August	We're long from 1.1619.	wait	we're short
28 August	we're long above 1.1659.	we're waiting for a short position from 1.3066	we're short towards the lower trendline
27 August	We're long	Long towards 1.3100	We're short from the upper trendline

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: