EURUSD : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways
- Main scenario : Examine long positions with a target of 1.0632 to 1.0940 from corrections above the level of 1.0200. When the price stays over 1.0200, it is a buy indication. Take Profit: 1.0632 to 1.0940; Stop Loss: below 1.0170.
- Alternative scenario : The pair can continue to drop to the levels of 0.9950 to 0.9526 if there is a breakout and consolidation below the 1.0200 mark. A sell signal occurs when the 1.0200 level is broken downward. Take Profit: 0.9950–0.9526, Stop Loss: over 1.0230.
Principal Situation :
Examine long positions with a goal of 1.0632 to 1.0940 from corrections above the 1.0200 mark.
Different Situations :
The pair can continue to drop to the levels of 0.9950 to 0.9526 if there is a breakdown and consolidate below 1.0200.
Analysis :
A descending correction has apparently evolved as the second wave (2), the third wave (3) has begun to unfold, and the daily time frame indicates that an ascending first wave of larger degree (1) has formed. With the completion of the fifth wave of smaller degree v of C as its component, wave C of (2) seems to have originated on the H4 time frame. A local corrective wave (ii) of i is finished within the H1 time frame, which is presumably where the first counter-trend wave i of 1 of (3) is emerging. The EUR/USD pair will continue to rise to the levels of 1.0632 to 1.0940 if the assumption is accurate. In this case, the 1.0200 level is crucial. The pair will be able to continue dropping to the levels of 0.9950 to 0.9526 after its breakthrough.
GBPUSD : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account long positions with a target of 1.2810 to 1.3054 from corrections above the level of 1.2230. When the price stays over 1.2230, it is a buy signal. Take Profit: 1.2810–1.3054, Stop Loss:below 1.2200.
- Alternative scenario : The pair can continue to drop to the levels of 1.1900 to 1.1521 if there is a breakout and consolidation below the 1.2230 mark. A sell signal is indicated when the 1.2230 level is broken downward. Take Profit: 1.1900–1.1521, Stop Loss: over 1.2260.
Principal Situation :
Take into account long positions with a target of 1.2810 to 1.3054 from corrections above the level of 1.2230.
Different Situations :
The pair can continue to drop to the levels of 1.1900 to 1.1521 if there is a breakout and consolidation below the 1.2230 mark.
Analysis :
The daily chart shows an ascending first wave of larger degree 1 of (A), and the second wave 2 of (Ð) is a corrective to the downside. On the H4 chart, wave an of 2 has formed, and its component is most likely the fifth wave of smaller degree (v) of a. On the H1 time frame, it appears like a bullish wave b of 2 is beginning to form. The GBP/USD exchange rate is predicted to increase to 1.2810 to 1.3054 if the assumption is accurate. In this case, the 1.2230 level is crucial since a breach there would allow the pair to continue falling to the 1.1900–1.11521 levels.
USDJPY : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account short bets below 161.90 with a goal of 148.50 to 138.65 once the correction is complete. If the price stays below 161.90, it is a sell signal. Above 162.20 is the stop loss; between 148.50 and 138.65 is the take-profit.
- As an alternative, the pair might continue to rise to levels between 170.00 and 175.41 if it breaks out and consolidates above 161.90. An indication to buy: the 161.90 level has been broken upward. Take Profit: 170.00–175.41, Stop Loss: below 161.50.
Principal Situation :
After the correction is finished, take into consideration short bets below the 161.90 level with a target of 148.50 to 138.65.
Different Situations :
The pair can continue to rise to the levels of 170.00 to 175.41 if there is a breakout and consolidation above the 161.90 level.
Analysis :
An ascending wave of bigger degree 3 is likely developed, according to the daily time frame, and a bearish corrective is emerging as the fourth wave, wave 4, with wave (ΐ) of 4 completed as its component. On the H4 chart, a corrective wave (B) of 4 is apparently almost finished, with wave Ρ of (Β) forming as its component. On the H1 chart, it appears that the fifth wave of smaller degree v of C is almost finished. If this assumption is accurate, the USD/JPY pair will continue to decline to 148.50 to 138.65 after it is finished. In this case, the level of 161.90 is crucial since a breakout would allow the pair to continue climbing to levels between 170.00 and 175.41.
USDCHF : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account long positions with a target of 0.9340 to 0.9530 from corrections above the level of 0.8992. When the price stays over 0.8992, it is a buy signal. Take Profit: 0.9340 to 0.9530; Stop Loss: below 0.8960.
- Alternative scenario : The pair can continue to decline to the levels of 0.8724 to 0.8386 if there is a breakout and consolidation below the 0.8992 level. The level of 0.8992 has been broken downward, indicating a sell signal. Take Profit: 0.8724–0.8386, Stop Loss: over 0.9025.
Principal Situation :
Examine long positions with a target of 0.9340 to 0.9530 from corrections above the level of 0.8992.
Different Situations :
The pair can continue to drop to the levels of 0.8724 to 0.8386 if there is a breakdown and consolidation below 0.8992.
Analysis :
On the weekly chart, wave (5) of 5 is likely forming as part of a bearish fifth wave of bigger degree 5. Wave c of 2 forms as part of the correction that is still unfolding on the daily chart as the second wave 2 of (5). On the H4 time frame, a wave (v) of c of 2 appears to be developing. The USD/CHF exchange rate will continue to rise to 0.9340 to 0.9530 if this assumption is accurate. In this case, the level of 0.8992 is crucial. The pair will be able to continue down to the levels of 0.8724 to 0.8386 after its breakout.
USDCAD : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account long positions with a target of 1.4800 to 1.5200 from corrections over the level of 1.4295. When the price stays over 1.4295, it is a buy signal. Take Profit: 1.4800–1.5200; Stop Loss: below 1.4260.
- Alternative scenario : The pair can continue to drop to the levels of 1.3970 to 1.3800 if there is a breakout and consolidation below the level of 1.4295. A sell signal occurs when the 1.4295 level is broken downward. Take Profit: 1.3970 to 1.3800; Stop Loss: over 1.4330.
Principal Situation :
Take into account long positions with a goal of 1.4800 to 1.5200 from corrections over the level of 1.4295.
Different Situations :
The pair will be able to continue falling to the levels of 1.3970 to 1.3800 if there is a breakout and consolidation below the level of 1.4295.
Analysis :
Wave (5) of 5 is forming as part of an ascending fifth wave of bigger degree 5, which is likely still building on the weekly chart. On a daily basis, the third wave of smaller degree 3 of (5) is emerging. The H4 chart seems to be showing wave iii of 3. As its component, a local corrective wave (iv) of iii is finished, and wave (v) of iii has begun to unfold. The USD/CAD pair will continue to advance to values between 1.4800 and 1.5200 if the assumption is accurate. In this case, the level of 1.4295 is crucial since a breakout would allow the pair to continue falling to the levels of 1.3970 and 1.3800.
WTI Crude Oil : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account short bets below 78.88 with a goal of 61.50 to 53.60 once the correction is complete. When the price stays below 78.88, it is a sell signal. Take Profit: 61.50 to 53.60, Stop Loss: above 79.20.
- Alternative scenario : The asset will be able to continue increasing to levels of 83.75 to 94.97 if there is a breakout and consolidation above the 78.88 level. A purchase signal occurs when the 78.88 level is broken upward. Take Profit: 83.75 to 94.97, Stop Loss: below 78.50.
Principal Situation :
After the correction is finished, look at short positions below the 78.88 level with a target of 61.50 to 53.60.
Different Situations :
The asset can continue to rise to levels between 83.75 and 94.97 if it breaks out and consolidates above the 78.88 mark.
Analysis :
On the weekly chart, wave C of (2) looks to be developing as a component of a descending correction that is still forming as the second wave of larger degree (2). It appears that a local correction is almost finished as the fourth wave iv of Ρ, and that the third wave of smaller degree iii of Ρ is generated on the daily time frame. Waves (a) and (b) of IV are finished, but wave (c) is nearing the end, according to the H4 time frame. After the correction is complete, WTI will continue to decline to 61.50 to 53.60 if the assumption is accurate. In this case, the 78.88 level is crucial since a breakout would allow the price to rise to 83.75–94.97.
XAUUSD : Elliott wave Analysis and Forecast for 10.01.25–17.01.25
Key Takeaways :
- Main scenario : Take into account short trades below 2728.40 with a target of 2500.00 – 2418.82 once the correction is complete. When the price stays below 2728.40, it is a sell signal. Take profit between 2500.00 and 2418.82, stop loss above 2735.00.
- Alternative scenario : The asset can continue to rise to the levels of 2792.47 to 2880.00 if there is a breakout and consolidation above the 2728.40 level. An indication to buy: the 2728.40 level has been broken upward. Take Profit: 2792.47 to 2880.00; Stop Loss: below 2720.00.
Principal Situation :
After the correction is finished, look for short options below the 2728.40 level with a target of 2500.00 to 2418.82.
Different Situations :
The pair can continue to rise to the levels of 2792.47 – 2880.00 if there is a breakout and consolidation above the 2728.40 level.
Analysis :
Wave 3 of (5) is likely the component of an ascending fifth wave of larger degree (5) that is forming on the weekly chart. On the daily chart, wave 4 of (5) appears to be the beginning of a downward correction, with wave an of 4 forming and wave b of 4 unfolding as its components. On the H4 chart, wave (c) of b is forming, and wave v of (c) is growing inside it. After the correction is finished, if the assumption is accurate, the XAU/USD pair will continue to decline to 2500.00 to 2418.82. In this case, the level of 2728.40 is crucial since a breakout would allow the pair to continue climbing to the 2792.47–2880.00 range.
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