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

31 October - 04 November	weekly forecast 31 October - 04 November Sell Dow Dow Weekly Review Wave Analysis: Ealier this week, Dow bounced off from the zone 32964, and is currently heading to the lowerside. As it is right now, we are looking forward to a possible sell towards 32219, and may likley break and close below it, on this chart, I looking forward for a po More
2022	EURUSD	GBPUSD	USDJPY
04 November	We're sellers towards 0.96. Wave Analysis Euro is currently rallying in a bearish manner. Following the previous day's Crash, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last two impulsive waves 5 and (c) and will likely see the price accelerate t More	We're sellers towards 1.10588. Wave Analysis: During the previous trading day, the British pound rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts, as it is right now, I expect nothing butt a possible momentum to the lowerside. This is the continuation of the previous correction More	We're watching for a sell from 148.293. Wave Analysis On the 1 hour chart attached, the US Dollar is approaching a significant resistance level 148.293, this is a good level and while the price does not close above it, we are waiting for a rebound from it to pick a possible long term sell position back towards 147.292, if this level is More
03 November	We're sellers towards 0.96.	We're sellers towards 1.12	Wait
02 November	Wait and sell a break below 0.98577 towards 0.97090.	We're on the sidelines for now expecting a bullish rally towards the previous week's highest high	We're buyers towards 148.393.
01 November	Waiting for a potential buy signal towards 1.0108.	We're buyers towards 1.16620.	We're on the sidelines for now.
31 October	We're sellers towards 0.98070	We're sellers towards 1.12625	We're long towards 149.392

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.

Elliott waves analysis

Our best awards: