Wave analysis of the Forex market or Elliott wave principle is the type of technical analysis considering price to be similar to ebbs and flows. All price movements on the Forex market are subject to two types of waves:
- Impulse, or motive, phase – the waves which move price up or down (shown by digits)
- Correction phase: waves that respond to impulse (shown by letters).
| 2016 | EURUSD | GBPUSD | USDJPY |
| 22 4月 | The last trading day was very eventful. Various news boosted a great volatility. At one moment, the pair has soared to the local High, then immediately it turned back to its previous level. The correctional wave 2 of the emerging downward momentum is over. Now we expect a long impulse drop of th | GBP/USD turned to much more volatile than the euro/dollar. It also did its part in yestarday's show. However, when it comes to this pair, these rapid price fluctuations were apparently caused by formation of the wave iii. This wave was formed in the framework of the final or initial diagonal trian | Now we can say that reversal has happened here. This means that formation of the downward momentum has been successfully completed. Now, we assume a rising momentum to be formed, but so far we cannot identify this wave, because the upward movement looks to run without correction. Therefore, openi |
| 20 4月 | |||
| 19 4月 | |||
| 18 4月 |
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
