Main >
Analytics
>
Fresh forecast
>
Elliott waves analysis
>
Weekly Review

Weekly Review | 08 April 2022

 Natural Gas Weekly Review

Weekly Review

Wave Analysis:

During the previous trading week, The Natural gas continued to the upperside and is showing signs of sustaining itself above the 61.8% fib level. As it is now, I expect the price to pullback towards 61.6% fib level to give us a good place to look for more buy positions expecting the price rise above 6.520. On the flipside, if the price breaks and closes below 61.8% fib level, then this will be an ideal place to consider further sell positions towards 50.0% fib level.

Trade Recommendations:

We're waiting for a pullback towards 61.8% fib level, to pick a low risk buy position.

 Gold Weekly Review

Wave Analysis:
Last week, Gold rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an implsive wave cycle and may see the price break above  2037 and may continue much higher. Basically, we are buyers on this chart.
Trade Recommendation:
Look for low risk buy positions towards 2037.0
 
CAC40 Weekly Review
Wave Analysis
Last week, CAC40 rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I expect nothing but a possible momentum much higher. The ideal here is to keep looking for more long positions to the upperside expecting a possible breakout above 7328.2 to push the price much higher with the next ideal target set at 7800.90 and may extend uch higher. ON this chart, only buyers appear to have the uppper hand.
Trade Recommendations:
We're buyers towards 7328.2
Bob Stan
Agree with the review?
Traders' opinion:

Close
Login

Show password

Hide password

 Forgot password?
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .

Our best awards:

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 does not provide services in the following countries.
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.