Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Elliott wave Analysis

Filter:
All instruments
Popular
EUR/USD
GBP/USD
USD/CHF
USD/JPY
AUD/USD
Brent
XAU/USD
All instruments:
Forex
USD/CAD
EUR/JPY
EUR/GBP
NZD/USD
EUR/AUD
GBP/JPY
CAD/JPY
EUR/CAD
NZD/JPY
GBP/CHF
CHF/JPY
EUR/NZD
GBP/AUD
CAD/CHF
AUD/NZD
NZD/CAD
GBP/CAD
AUD/CHF
Metals
XAG/USD
XAU/USD
XPD/USD
XPT/USD
XCU/USD
Energy
WTI
Brent
Indexes
S&P500
DOW30
DXY
Select
AUD/CAD
AUD/JPY
AUD/SGD
AUD/USD
BTC/USD
CHF/BGN
CHF/RON
CHF/SGD
CHF/TRY
EUR/CHF
EUR/CZK
EUR/DKK
EUR/HKD
EUR/HUF
EUR/ILS
EUR/MXN
EUR/NOK
EUR/PLN
EUR/RON
EUR/RUB
EUR/SEK
EUR/SGD
EUR/TRY
EUR/USD
EUR/ZAR
GBP/BGN
GBP/CZK
GBP/DKK
GBP/HKD
GBP/HUF
GBP/NOK
GBP/NZD
GBP/PLN
GBP/RON
GBP/SEK
GBP/SGD
GBP/TRY
GBP/USD
GBP/USD
GBP/ZAR
HKD/JPY
NZD/CAD
NZD/CHF
SGD/HKD
SGD/JPY
TRY/JPY
USD/BGN
USD/CHF
USD/CNH
USD/CNY
USD/CZK
USD/DKK
USD/EUR
USD/HKD
USD/HUF
USD/ILS
USD/JPY
USD/MXN
USD/NOK
USD/NOK
USD/PLN
USD/RON
USD/RUB
USD/SEK
USD/SGD
USD/TRY
USD/ZAR
All Forex brokers
All Forex brokers
Admiral Markets
Alpari
EXNESS
FBS
FIBO Group
FxPro
FXTM
HYCM
IG
Instaforex
NordFX
RoboForex
Analysis of EUR/USD and GBP/USD for July 14. Euro ignores weak statistics from the EU and Germany and continues moderate growth
Relevance up to 12:00 2020-07-15 UTC+2 EUR / USD On July 13, the EUR/USD pair gained about 40 basis points and thus, continues the process of constructing the alleged wave 5 in C in B, in particular its internal wave 3. Thus, the entire wave 5 in C in B can turn out to be very long and complex, ....
5
Elliott wave analysis of GBP/JPY for July 14, 2020
Relevance up to 07:00 2020-07-15 UTC+2 GBP/JPY fell a bit lower than we expected. The question is whether a deeper correction is needed before the next impulsive rally occurs or short-term key-support at 134.26 will be able to protect the downside for a rally above short-term key-resistance at 135....
0
Elliott wave analysis of EUR/JPY for July 14, 2020
Relevance up to 07:00 2020-07-15 UTC+2 EUR/JPY is again testing short-term resistance at 121.96 which is expected to cap the upside for a break below 121.09 indicating renewed downside pressure towards 119.26 and 118.23 and maybe even closer to 117.00. A break above 121.96 will change the prefer....
0
Analysis of EUR/USD and GBP/USD for July 13. What could result in a new outbreak of coronavirus in the US? Disappointing forecasts by Anthony Fauci
Relevance up to 13:00 2020-07-14 UTC+2 EUR / USD On July 10, the EUR/USD pair gained about 15 basis points and thus continues the process of building the expected wave 5 in C in B. The entire wave 5 in C in B can be very long and complex, since at this time the markets are trading very chaotical....
6
Simplified wave analysis and forecast for EUR/USD, USD/JPY, and GBP/JPY on July 13
Relevance up to 09:00 2020-07-14 UTC+2 EUR/USDAnalysis:In the dominant upward wave of the European currency since March, the last incomplete section was the correction of the last part of the wave. The structure of this downward wave lacks the final section (C). The price is located at the lower b....
5
Elliott wave analysis of EUR/GBP for July 13, 2020
Relevance up to 07:00 2020-07-14 UTC+2 EUR/GBP is holding above key support at 0.8912. The decline from 0.9175 is now losing downside momentum which could indicate a corrective bottom being in place. However, it will take a break above minor resistance at 0.9010 and more importantly a break above ....
4
Elliott wave analysis of EUR/JPY for July 13, 2020
Relevance up to 07:00 2020-07-14 UTC+2 EUR/JPY may find resistance near 121.44 for renewed downside pressure. After the break below short-term key resistance at 122.10 last week, we have shifted our preferred count to wave 2. A second dip should be expected to 118.23 and maybe even closer to 117.0....
5
EUR/USD and GBP/USD forecast for July 10. No important news is expected today. EUR and GBP trade opposite, while COVID-10 outbreak in the US still weighs on the markets.
Relevance up to 17:00 2020-07-11 UTC+2 EUR/USD On July 9, the EUR/USD pair lost about 45 basis points and made an unsuccessful attempt to break through the 127.2% Fibonacci level. Thus, the current wave marking remains unchanged and is still set to form an upward wave 5 in C and B. If this scenar....
10
Simplified wave analysis and forecast for GBP/USD and AUD/USD on July 10
Relevance up to 07:00 2020-07-11 UTC+2 GBP/USD Analysis: On the price chart of the British pound, the formation of a complex corrective bearish structure of the daily scale continues. In the last incomplete section from June 10, the middle part of the movement (B) is close to the end. Forecast: To....
4
Elliott wave analysis of EUR/GBP for July 10, 2020
Relevance up to 06:00 2020-07-12 UTC+2 EUR/GBP is now at the cross-road. The corrective target at 0.8946 is being tested. It may protect the downside if our bullish count is correct. A break above minor resistance at 0.9010 and more importantly a break above resistance at 0.9068 is now needed to ....
3
Elliott wave analysis of EUR/JPY for July 10, 2020
Relevance up to 06:00 2020-07-12 UTC+2 EUR/JPY took the wrong turn yesterday and failed to break above key resistance at 122.10 and instead plunged down through the support-line at 121.14. Thus, a new impulsive rally is unlikely to unfold. The correction in wave 2 has not completed yet and a deepe....
3
Analysis of EUR/USD and GBP/USD on July 9. Boring end of the trading week.
Relevance up to 14:00 2020-07-10 UTC+2 EUR/USD On July 8, the EUR/USD pair gained about 55 basis points and thus continued to build the expected wave 5, C, or B. I expect a continued improvement of the instrument's quotes in terms of the building of this wave, after which the prolonged decline i....
8
Simplified wave analysis and forecast for EUR/USD, USD/JPY, and GBP/JPY on July 9
Relevance up to 10:00 2020-07-10 UTC+2 EUR/USD Analysis: The direction of the price movement of the European currency since the beginning of June is set by a flat corrective wave. To date, its structure has not been completed. The price is close to the upper limit of the price range formed last mo....
14
Elliott wave analysis of GBP/JPY for July 9, 2020
Relevance up to 07:00 2020-07-10 UTC+2 GBP/JPY is heading towards key-resistance at 136.35. This resistance is expected to ultimately give way for a continuation towards the former peak at 139.74. Resistance will be seen at 137.30. In the short-term, we expect support at 135.01 and more importantl....
7
Elliott wave analysis of EUR/JPY for July 9, 2020
Relevance up to 07:00 2020-07-10 UTC+2 Support near 121.31 gave away for a dip to the 121.10 target (the low was seen at 121.14) before the next push higher through minor resistance at 121.87. The pair rose to key-resistance at 122.11. Thus, a break above here will pave the way for an impulsive ra....
5
Analysis of EUR / USD and GBP / USD on July 8. The forecast for the Eurozone GDP has worsened, but is still optimistic.
Relevance up to 13:00 2020-07-09 UTC+2 EUR / USD On July 7, the EUR / USD pair lost about 40 basis points, but the current wave markings still include the upward set of waves as parts of wave 5 in C and B. Thus, another increase in quotes will occur, targeting the levels near the 161.8% and 200.....
2
Simplified wave analysis and forecast for GBP/USD, AUD/USD, and EUR/JPY on July 8
Relevance up to 08:00 2020-07-09 UTC+2 GBP/USD Analysis: The upward wave of the British pound, which began in March, gave rise to a new long-term trend. In the last 3 months, a complex correction structure has been formed. In its last section from June 10, an intermediate corrective pullback is fo....
9
Elliott wave analysis of EUR/GBP for July 8, 2020
Relevance up to 07:00 2020-07-09 UTC+2 EUR/GBP broke below short-term important support at 0.9000. It may dip to 0.8946 before the next rally to the short-term important resistance at 0.9068 which confirms renewed upside pressure. The break below short-term key support at 0.9000 indicates a temp....
6
Elliott wave analysis of GBP/JPY for July 8, 2020
Relevance up to 07:00 2020-07-09 UTC+2 GBP/JPY continues to push higher. If it breaks above resistance at 134.59, it should act as support for the next impulsive rally towards the next minor target at 136.35. In the longer term, we are looking for GBP/JPY to rally back to the 139.74 peak. If suppo....
6
Analysis of EUR/USD and GBP/USD on July 7. Conflict in the South China sea, rising cases in the US, and strong ISM index
Relevance up to 12:00 2020-07-08 UTC+2 EUR/USD On July 6, the euro/dollar pair gained 65 basis points but lost most of it on Tuesday night and in the morning. Thus, the current wave markup remains unchanged, however, it becomes very complicated. I still expect to build a wave 5, C, or B. Until a ....
10
Simplified wave analysis and forecast for EUR/USD and USD/JPY on July 7
Relevance up to 08:00 2020-07-08 UTC+2 EUR/USD Analysis: In the European currency market, an upward wave of the daily scale has been forming since March. The last unfinished section started on June 5. This is a flat correction. The wave structure is not complete today. The price is at the lower bo....
3
Elliott wave analysis of EUR/GBP for July 7, 2020
Relevance up to 07:00 2020-07-08 UTC+2 After a nice run to the 61.8% resistance target at 0.9183 we saw that EUR/GBP corrected a bit stronger than we had expected. However, EUR/GBP met strong trendline support near 0.9000, which is expected to protect the downside from renewed upside pressure thro....
7
Elliott wave analysis of EUR/JPY for July 7, 2020
Relevance up to 07:00 2020-07-08 UTC+2 EUR/JPY is currently testing support near 121.31, which ideally will be able to protect the downside for the next impulsive rally higher towards 122.12 and beyond for a move closer to the peak at 124.43. If, however, support at 121.31 gives away, a drop to 12....
7
Analysis of EUR/USD and GBP/USD. Unemployment rates pass their peak both in EU and US, thus proving recovery in labor markets. US faces new COVID-19 outbreak
Relevance up to 13:00 2020-07-07 UTC+2 EUR/USD On July 3, EUR/USD gained just a few pips. So, the ongoing wave structure remains intact. I still expect bullish wave 5 inside C and B to develop. If this prediction comes true, the pair will continue its climb from the current levels towards 161.8%....
5
Simplified wave analysis and forecast for GBP/USD, AUD/USD, and EUR/JPY on July 6
Relevance up to 10:00 2020-07-07 UTC+2 GBP/USDAnalysis:A flat correction wave has been forming in the British pound market over the past 3 months. The extremes of the graph show a distinct stretched plane. The last part of it is incomplete. An intermediate correction has been developing for the la....
9
Elliott wave analysis of GBP/JPY for July 6, 2020
Relevance up to 07:00 2020-07-07 UTC+2 After the break above resistance at 133.65 GBP/JPY should continue to push higher towards the next minor target at 135.90. A break above here will confirm a continuation towards the 139.74 peak and ultimately a break above here too for a rally closer to 148.3....
9
Elliott wave analysis of EUR/JPY for July 6, 2020
Relevance up to 07:00 2020-07-07 UTC+2 EUR/JPY continues to move higher. It is now trying to break above the last weeks' sideways consolidation indicating renewed upside pressure towards 122.12 as the next minor upside target. In the longer term, EUR/JPY should continue to move higher towards the ....
7
Simplified wave analysis and forecast for EUR/USD, USD/JPY, and GBP/JPY on July 3
Relevance up to 10:00 2020-07-04 UTC+2 EUR/USDAnalysis:The short-term exchange rate of the European currency sets the algorithm for the rising wave from March 20. During the entire past month, the price forms a counter structure, which does not yet go beyond the correction of the last part of the ....
21
EUR/USD and GBP/USD analysis for July 2. Tensions between Washington and Beijing slowly escalate. Markets reluctant to buy USD.
Relevance up to 16:00 2020-07-03 UTC+2 EUR/USD On July 1, the EUR/USD pair advanced by only 15 basis points. Thus, the current wave marking did not indicate any significant changes. However, I still expect the upward wave 5 to enter C or B area. If this scenario is true, the quotes will resume th....
5
Simplified wave analysis and forecast for GBP/USD, AUD/USD, and EUR/JPY on July 2
Relevance up to 10:00 2020-07-03 UTC+2 GBP/USD Analysis: The daily chart of the British pound is dominated by an ascending wave structure. Since April, a corrective stretched plane has been developing in its structure. Its last section started on June 10 and is not complete at the time of analysis....
11
show more

Was the information useful for you?

Categories

Forex Analysis
Forex Technical Analysis
Fundamental Analysis
Forex Market Overview
Daily Forex Forecasts
Weekly Forex Forecasts
Monthly Forex Forecasts
Forex Trade Ideas
Stock Market Analysis
Fractal Analysis
Forex Wave Analysis
Forex Trend Analysis
Ichimoku Analysis
Fibonacci Analysis
Candlestick Analysis
Forex Murrey Math Lines

Most Popular

Week
Month
All time