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

05 - 09 September	weekly forecast 05 - 09 September Weekly Review Brent Oil Weekly Review Wave Analysis: Few days ago, The Brent Oil bounced off a few pips from 105.811-103.907, headed straight to the lowerside but is still above the zone 92.761-91.113. As long as the price does not clearly break and close below the lower zone, we are waiting for More
2022	EURUSD	GBPUSD	USDJPY
09 September	We're sellers Wave Analysis: Just as in the British pound, EURO is still in an active downtrend. The idea here is to keep looking for long term sell positions expecting the price to continue much lower towards 0.97 and will likely head much lower. On this chart, I expect nothing but a possible momentum to the lo More	We're holding onto sell positions towards 1.11 Wave Analysis: Euro continues to rally to the lowerside and is still showing signs of continuing much lower. On this chart, I expect nothing but a possible momentum to the lowerside. yesterday, the price pulled back upwards but could not hit the 50.0% fib level, we are still waiting for a pullback More	We're buyers towards 148.90. Wave Analysis: During the previous trading day, the US dollar continued on its way to the upperside and still showing signs of continuing much higher. If you are on this chart as we are speaking right now, you need to keep looking for low risk buy positions expecting a possible acceleration towards More
08 September	We're sellers towards 0.89.	We're sellers towards 1.11.	We're buyers towards 148.90
07 September	Wait and buy a rebound from 0.98964-0.98839 and will push the price much lower.	We're sellers towards 1.10.	We're buyers towards 148.90
06 September	We're holding onto a long term sell position.	We're sellers towards 1.14.	We're buyers towards 149.90.
05 September	We're holding onto a sell positions.	We're sellers towards 1.13	We're buyers towards 148.90.

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: