Forex Wave analysis and forecast

Wave analysis is a type of technical analysis of the market. According to it, the basis of any market fluctuations is Elliot waves. Making market predictions based on wave patterns doesn’t require any indicators and is considered one of the most descriptive types of analysis. Thus, Elliott waves are interpreted as a graphical method of technical analysis, which makes it possible to understand the behaviour of market participants by studying price movement waves.

Wave analysis is considered a complex method, but it is recommended that every trader know its basics. This is necessary to understand the algorithms for the movement of the working currency pair, to see the point at which the currency pair is located during the movement, as well as to know further prospects - all this data helps to obtain wave analysis. On this page, you can familiarize yourself with the conclusions and market forecasts from RoboForex experts, made using wave analysis.

20.06.2017

Wave Analysis 20.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like after completing the diagonal triangle in the wave [5] of c, the EUR/USD pair finished the wave [a] or [w].
19.06.2017

Wave Analysis 19.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It’s highly likely that the GBP/USD pair is falling in the wave (5).
16.06.2017

Wave Analysis 16.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like the EUR/USD pair finally completed the wave [a] or [w].
15.06.2017

Wave Analysis 15.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like last week the EUR/USD pair completed the wave [a] or [w].
13.06.2017

Wave Analysis 13.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like last week the EUR/USD pair completed the wave [a] or [w].
12.06.2017

Wave Analysis 12.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It’s highly likely that last week the EUR/USD pair completed the wave [a] or [w] with the diagonal triangle [5] of c inside it.
09.06.2017

Wave Analysis 09.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

The EUR/USD pair is falling, which means that it probably completed the wave [a] or [w].
08.06.2017

Wave Analysis 08.06.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like the EUR/USD pair is still forming the wave [a] or [w].