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

09 - 13 January	weekly forecast 09 - 13 January Bullish inside bar in Gold Bullish inside bar Wave Analysis: Instead of rallying to the lower side, the yellow metal retraced to the upper side and even broke above 1169.21. Following the bullish inside bar witnessed during the previous trading day on 6th January, we expect an acceleration to the upper side as l More
2017	EURUSD	GBPUSD	USDJPY
13 January	Looking to re-buy the Euro Wave Analysis: Yesterday, the pair broke above the resistance level 1.0612, traded massively long but has currently retraced back to it. The 4H chart is pretty much bullish and as long as the pair remains above 1.06064, we expect a possible bullish wave count to the upper side. The anticipated upwa More	Bears back in control Wave Analysis: The cable retraced slightly higher than expected but ended up closing below 1.2222 with a near perfect exhaustion candle on the daily chart. During this intraday, we expect a possible bearish wave count towards the lower side as along as the pair remains below 1.2222. This bearish ac More	Looking to sell upon a clear rebound from 115.38 Wave Analysis: Yesterday, US Dollar yesterday broke below 115.38, headed massively short but is currently tracing back to the upper side. We expect a the current upward rally to be a mere pullback and should not go beyond 115.38, from where we'll be looking for low risk sell opportunities. A clear More
12 January	Possible triple top formation	Check out for 1.2222	A break below 115.38
11 January	Waiting for a break below 1.05196	Possible pullback mode towards 1.2222	We're flat
10 January	Possible double top formation on the 4H chart	A break below 1.2227	Expect a possible bullish rebound around 115.38
09 January	Remain short as long as below 1.05345	Clear rejection from the pivot level 1.2417	The US Dollar Preparing to continue long

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: