EURUSD : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Examine long positions with a goal of 1.0635 to 1.0940 from corrections above the level of 1.0180. When the price stays over 1.0180, it is a buy signal. Take Profit: 1.0635 to 1.0940, Stop Loss: below 1.0140.
  • 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 1.0180 mark. A sell signal occurs when the 1.0180 level is broken downward. Take Profit: between 0.9950 and 0.9526; Stop Loss: above 1.0220.
Principal Situation :
Examine long positions with a goal of 1.0635 to 1.0940 from corrections above the level of 1.0180.

Different Situations :
The pair can continue to drop to the levels of 0.9950 to 0.9526 if there is a breakdown and consolidation below 1.0180. 

Analysis :
The daily chart shows the formation of the ascending first wave of the bigger degree (1), and the second wave (2) appears to be the completion of the bearish correction. 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. The first counter-trend wave of lower degree (i) of i of 1 of (3) is unfolding within the third wave of greater degree (3), which has probably begun to form on the H1 time frame. The EUR/USD pair will continue to increase to 1.0635 to 1.0940 if the assumption is accurate. In this case, the 1.0180 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 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account long positions with a goal of 1.2764 to 1.2923 from corrections above the level of 1.2100. When the price stays over 1.2100, it is a buy indication. Take Profit: 1.2764–1.2923, Stop Loss: below 1.2070.
  • 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 1.2100 mark. A sell signal is indicated when the 1.2100 level is broken downward. Take Profit: 1.1900–1.1521, Stop Loss: over 1.2130.
Principal Situation :
Take into account long positions with a goal of 1.2764 to 1.2923 from corrections above the level of 1.2100.

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 1.2100 mark.

Analysis :
The daily chart most likely shows the formation of the ascending first wave of bigger degree 1 of (A), and the second wave 2 of (Ð) is the bearish correction. The bullish corrective has begun to take shape as wave b of 2, and wave an of 2 is created on the H4 time frame. On the H1 chart, wave (a) of b appears to be developing. The GBP/USD pair will continue to rise to 1.2764 to 1.2923 if this forecast is accurate. In this case, the 1.2100 level is crucial since a breakout would allow the pair to continue falling to the 1.1900–1.11521 levels.





USDJPY : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account short positions with a goal of 148.50 to 138.65 from corrections below the level of 158.19. If the price stays below 158.19, it is a sell signal. Take Profit: 148.50 to 138.65; Stop Loss: above 158.70.
  • Alternative scenario : The pair will be able to continue climbing to the levels of 161.96 – 165.50 if there is a breakout and consolidation above the 158.19 level. When the 158.19 level is broken upward, it is a buy signal. Take Profit: 161.96 to 165.50; Stop Loss: below 157.70.
Principal Situation :
With a target of 148.50 to 138.65, take into account short positions from corrections below the level of 158.19.

Different Situations :
The pair can continue to rise to the levels of 161.96 to 165.50 if there is a breakout and consolidation above the 158.19 level.

Analysis :
The daily time frame indicates that the bearish correction is still evolving as the fourth wave, wave (ΐ) of 4, with the ascending wave of bigger degree 3 apparently generated as its portion. With wave á of (Ò) produced as its component, the corrective wave (B) of 4 is apparently complete on the H4 chart. On the H1 chart, it appears that wave (C) of 4 has begun to form. Within this wave, the first wave of smaller degree i of 1 of (C) is produced, wave ii of 1 of (C) is the result of the local correction, and wave iii of 1 of (C) is developing. The USD/JPY exchange rate will continue to decline to the range of 148.50 to 138.65 if the assumption is accurate. In this case, the level of 158.19 is crucial since a breakout would allow the pair to rise to levels 161.96–165.50.





USDCHF : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account short positions with a goal of 0.8724 to 0.8386 from corrections below the level of 0.9201. When the price stays below 0.9201, it is a sell signal. Take Profit: 0.8724–0.8386, Stop Loss: over 0.9250.
  • Alternative scenario : The pair can continue to rise to the levels of 0.9340 to 0.9530 if there is a breakout and consolidation above the level of 0.9201. An indication to buy: the 0.9201 level has been broken upward. Take Profit: 0.9340 to 0.9530; Stop Loss: below 0.9150.
Principal Situation :
With a target of 0.8724 to 0.8386, take into account short positions from corrections below the level of 0.9201.

Different Situations :
The pair can continue to rise to the levels of 0.9340 to 0.9530 if there is a breakout and consolidation above the level of 0.9201.

Analysis :
On the weekly chart, wave (5) of 5 is forming as part of the bearish fifth wave of bigger degree 5. On the daily chart, the ascending corrective appears to have formed as the second wave 2 of (5), with wave c of 2 completed as its component. On the H4 time frame, wave 3 of (5) began to take shape. The USD/CHF pair will continue to decline to 0.8724 to 0.8386 if this forecast is accurate. In this case, the level of 0.9201 is crucial. The pair will be able to continue rising to the levels of 0.9340 to 0.9530 after its breakout.





USDCAD : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account long positions with a target of 1.4800 to 1.5200 from corrections over the level of 1.4255. When the price stays over 1.4255, it is a buy signal. Take Profit: 1.4800 to 1.5200; Stop Loss: below 1.4200.
  • Alternative scenario : The pair can continue to drop to the levels of 1.3923–1.3426 if there is a breakout and consolidation below the 1.4255 level. A sell signal indicates that the price has broken below the 1.4255 mark. Take Profit: 1.3923–1.3426, Stop Loss: over 1.4300.
Principal Situation :
Examine long positions with a target of 1.4800 to 1.5200 from corrections above the level of 1.4255.

Different Situations :
The pair can continue to drop to the levels of 1.3923–1.3426 if there is a breakout and consolidation below the 1.4255 level.

Analysis :
Wave (5) of 5 is forming as part of the ascending fifth wave of bigger degree 5, which is likely still building on the weekly chart. On the daily chart, the third wave of smaller degree 3 of (5) is emerging. Wave iii of 3 is generated as its component, while wave iv of 3 is the result of a local correction. On the H4 chart, wave v of 3 appears to have begun to emerge. The USD/CAD pair will continue to rise to 1.4800 to 1.5200 if this estimate is accurate. In this case, the level of 1.4255 is crucial since a breakout would allow the pair to continue falling to the 1.3923–1.3426 levels.





WTI Crude Oil : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account long positions from corrections over 72.72, aiming for 85.00 to 94.97. When the price stays above 72.72, it is a buy signal. Take Profit: 85.00 – 94.97, Stop Loss: below 72.00.
  • Another possibility is that the pair will continue to fall to the levels of 66.65 to 61.50 if there is a breakout and consolidation below 72.72. A sell signal occurs when the 72.72 level is broken downward. Take Profit: 66.65 to 61.50, Stop Loss: above 73.20.
Principal Situation :
Think about taking long positions from corrections above 72.72 with an 85.00–94.97 goal.

Different Situations :
The asset can continue to fall to levels between 66.65 and 61.50 if there is a breakout and consolidation below 72.72.

Analysis :
Wave B of (2) is developing as a component of the descending corrective, which seems to be continuing to build as the second wave of larger degree (2) on the weekly chart. On the daily time scale, wave b of B appears to have completed forming, whereas wave с of B is still ongoing. The first wave of lesser degree (i) of c unfolding is visible in the H4 time frame, where the local corrective wave iv of (i) is almost finished. WTI will continue to increase to levels between 85.00 and 94.97 if the assumption is accurate. In this case, the 72.72 level is crucial since a breakout would allow the price to drop further to the 66.65–61.50 levels.





XAUUSD : Elliott wave Analysis and Forecast for 26.01.25-31.01.25

Key Takeaways :
  • Main scenario : Take into account long positions with a target of 2880.00 to 3000.00 from corrections above the level of 2576.36. When the price stays above 2576.36, it is a buy signal. Take Profit: 2880.00 to 3000.00; Stop Loss: below 2560.00.
  • Alternative scenario : The pair can continue to drop to the levels of 2464.30 – 2282.23 if there is a breakout and consolidation below the 2576.36 level. A sell signal occurs when the 2576.36 level is broken downward. Above 2590 is the stop loss; 2464.30 to 2282.23 is the take-profit.
Principal Situation :
Take into account long positions with a goal of 2880.00 to 3000.00 from corrections over the level of 2576.36.

Different Situations :
The pair can continue to drop to the levels of 2464.30 to 2282.23 if there is a breakout and consolidation below the 2576.36 level.

Analysis :
Wave (5) of 5 is forming as part of the ascending fifth wave of bigger degree 5, which is apparently developing on the weekly chart. On the daily chart, wave iii of 3 is developing inside the third wave of smaller degree 3 of (5), which seems to be still forming. The H4 chart shows the ongoing development of wave (v) of iii. Should this forecast prove to be accurate, the XAU/USD pair will keep rising, reaching levels between 2880.00 and 3000.00. In this case, the 2576.36 level is crucial since a breakout would allow the pair to continue falling to the 2464.30–2282.23 levels.








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