WTI Crude Oil: Elliott wave analysis and forecast for 13.01.2023 – 20.01.2023
2023-01-13 2023-01-13 WTI Crude Oil: Elliott wave analysis and forecast for 13.01.2023 – 20.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 94.22 with a target of 63.00 – 54.50 once the correction is completed. Alternative scenario: breakout and consolidation above the level of 94.22 will allow the asset to […]
AMZN Primary Wave Ⓐ Nears Completion
The current AMZN structure suggests a corrective trend. It is assumed that a zigzag is formed, which consists of cycle sub-waves a-b-c. After the end of the impulse growth of wave a, prices declined. This could indicate the beginning of a bearish correction b. It could take the form of a primary zigzag Ⓐ-Ⓑ-Ⓒ. In […]
USDCAD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 USDCAD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.3452 with a target of 1.3975 – 1.4205. Alternative scenario: breakout and consolidation below the level of 1.3452 will allow the pair to continue declining to the levels of 1.3220 […]
USDCHF: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 USDCHF: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 0.9192 with a target of 0.9550 – 0.9810. Alternative scenario: breakout and consolidation below the level of 0.9192 will allow the pair to continue declining to the levels of 0.9087 […]
EURUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 EURUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions above the level of 1.0361 with a target of 1.1020 – 1.1300 once a correction formed. Alternative scenario: breakout and consolidation below the level of 1.0361 will allow the pair to continue declining to the levels […]
GBPUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 GBPUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions above the level of 1.1673 with a target of 1.2674 – 1.2963 once the correction is completed. Alternative scenario: breakout and consolidation below the level of 1.1673 will allow the pair to continue declining to the […]
USDJPY: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 USDJPY: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 129.40 with a target of 138.24 – 140.57. Alternative scenario: breakout and consolidation below the level of 129.40 will allow the pair to continue declining to the levels of 127.32 […]
WTI Crude Oil: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 WTI Crude Oil: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 84.05 with a target of 63.00 – 54.50 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 84.05 will allow the asset to […]
XAUUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 XAUUSD: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 1866.32 with a target of 1741.81 – 1711.41. Alternative scenario: breakout and consolidation above the level of 1866.32 will allow the pair to continue rising to the levels of 1920.84 […]