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

23 - 27 January	weekly forecast 23 - 27 January Gold Silver Oil Weekly Review Gold weekly review: Wave Analysis: During this past trading week, the impulsive wave (5) traded massively long, hit our target TP at 1214.3 and is still showing signs of possible momentum to the upper side. We expect the downward spike witnessed on Jan 18th 2017, to be a mere correction More
2017	EURUSD	GBPUSD	USDJPY
27 January	Downward momentum diminishing but still bearish Wave Analysis: Yesterday, the pair broke below the equilibrium zone, 1.0764-1.0713, headed short and is still pretty much bearish on the daily chart. We're waiting for a retest of the bottom of the equilibrium zone, 1.0713, to go short at low risk. Any clear break above 1.0713 may render futile the More	The cable retracing lower Wave Analysis: Yesterday, the cable retraced to the lower side and is still showing signs of retracing further to the lower side. We expect further bearish corrections to the lower side but should not go beyond 1.2509 from where we'll be looking for low risk buy opportunities. The anticipated upwar More	Bulls eyeing 115.3 Wave Analysis: As previous forecasted, the impulsive wave (c) traded massively long after breaking above 114.02 but is yet to hit our target TP at 115.3. We still expect further momentum towards this target or even a possible break above it. But as long as this level,115.3, protects the upper side, More
26 January	Euro bound within the range 1.0722-1.0771	Bulls eyeing 1.2725	Bears still in control but strength diminishing
25 January	Struggling to hold above 1.0713	The Demand for the Cable still high	Sellers eyeing a possible re-test of 112.59
24 January	Euro retracing lower but still bullish	Bulls eyeing a test of the level 1.2725	Possible double bottom formation
23 January	Waiting for minor bearish pullback to rebuy the green bar	Bulls above 1.2414	Remain short as long as the price remains below 114.01

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: