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

20 - 24 December	weekly forecast 20 - 24 December Buy Brent Oil along the lower trendline Brent Oil weekly Review Wave Analysis During the previous trading week, Brent oil bounced off from the lower trendline, headed straight to the upperside and is still showing signs of continuing much lower. As it is right now, we are looking for further momentum to the upperside and m More
2021	EURUSD	GBPUSD	USDJPY
24 December	We're expecting a possible long term sell position Wave Analysis Yesterday, nothing much happened on the Euro, we expected a possible rally and a rebound from the upper trendline, however, the price barely bounced off from this trendline, as it is right now, I expect nothing but a possible rally to the lower trendline. If the price breaks below thi More	We're buyers towards 1.3380 Wave Analysis: During the previous trading day, the British pound rallied to the upperside and even went above the level 1.3373. As long as the price remains above this level I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the l More	We're buyers towards the upper trendline. Wave Analysis: Yesterday, the US Dollar 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 further to the upperside towards the upper trendline. On the flipside, if the price break below the lower trendline, th More
23 December	We're waiting	We're watching for a possible buy above 1.3373 towards 1.3606.	We're buyers towards the upper trendline.
22 December	We're on the sidelines	Wait and buy a break above 1.3373 with your target at 1.3694	Expect a possible long term buy position towards the upper trendline.
21 December	Wait	Watch for a possible buy signal from around 1.31947 towards 1.33667.	We're temporarily on the sidelines.
20 December	We're sellers towards 1.11881.	We're on the sidelines.	We're still expecting further momentum to the lower trendline.

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: