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

11 - 15 September	weekly forecast 11 - 15 September Bitcoin could retreat further Bitcoin weekly review: Wave Analysis: For the better parts of this, Bitcoin has been in a steady up rising almost hitting the highs of $4500. This cryptocurrency recoiled back last week almost 10% the value it gained few months ago. We expect this cryptocurrency to gain value and should rise fu More
2017	EURUSD	GBPUSD	USDJPY
15 September	Expect further bearish corrections Wave Analysis: Yesterday, we witnessed a possible extension of the previous corrective three wave cycle with the first impulsive wave (a) extending lower. During this intraday, we still expect a possible extension of this three wave cycle but should not go beyond 1.1688, or may break below. If you' More	Bulls charged but expect corrections Wave Analysis: Perfectly as previously forecasted, the corrective wave (iv) barely broke below 1.3163, before coming to a sudden halt. We expect the massively upward rally that began the previous trading day, to be the unfolding of both the impulsive waves (v) and (E) to the upper side but have gon More	Looking for a sell position Wave Analysis: As previously anticipated, a corrective wave continued higher but could not rise above the daily resistance line 110.72. We expected a possible rebound from this resistance line to short this pair with an ultimate target at 102. The anticipated bearish price rally is the continuation More
14 September	Heading to the oversold	Waiting to re buy the cable	Short USDJPY around 110.72
13 September	On the sidelines	We're long	Look for a short position around 112.00
12 September	Corrections	Wait for a clear break above 1.3275 to	Waiting
11 September	Remain long with your target at 1.33.	Bulls still in control	Wait for corrections

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: