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FX.co ★ Torben Melsted. Daily Forex Analytics.

If you want to achieve success in trading, you definitely need high-quality analytics. Unfortunately, experience has proven that not every trader is able to analyze the market situation. The Forex Analysis section contains reviews of experts who research various financial events and have a wealth of experience in Forex trading. Analytical reviews and forecasts are published on a daily basis so that you do not trade blindfolded but have a significant layer of information at hand.
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Torben Melsted

Elliott wave analysis of Litecoin for November 29, 2023

Litecoin broke above minor resistance at 69.38, indicating that the corrective decline from 76.75 has been completed and a new rally to re-test this peak and ultimately above should...
iconRelevance until2023-11-30
Analytical expert:
2023-11-29T05:01:50

Elliott wave analysis of EUR/USD for November 29, 2023

There was no time for a second dip to just below 1.0898. EUR/USD moved directly above the neckline resistance at 1.0965 and thereby triggered the Shoulder/Head/Shoulder bottom for a continuation...
iconRelevance until2023-11-30
Analytical expert:
2023-11-29T04:57:09

Elliott wave analysis of Litecoin for November 28, 2023

We have seen the expected minor corrective dip to support at 67.65 and should soon see Litecoin recover again for a re-test of resistance at 71.55. A break above here...
iconRelevance until2023-11-29
Analytical expert:
2023-11-28T06:21:11

Elliott wave analysis of EUR/USD for November 28, 2023

We are looking for a small flat correction to unfold. This means another dip to just below support at 1.0852 to complete the flat correction and set the stage...
iconRelevance until2023-11-29
Analytical expert:
2023-11-28T06:17:27

Elliott wave analysis of Litecoin for November 24, 2023

We expect Litecoin to break above minor resistance at 70.27. A break above here will confirm that the corrective decline from 76.75 has been completed with the test of 65.26...
iconRelevance until2023-11-27
Analytical expert:
2023-11-24T05:08:07

Elliott wave analysis of EUR/USD for November 24, 2023

We continue to look for EUR/USD to move a bit lower to test support at 1.0785. This could complete the correction from 1.0963 and the right shoulder of an inverse...
iconRelevance until2023-11-27
Analytical expert:
2023-11-24T05:03:54

Elliott wave analysis of Litecoin for November 23, 2023

Ideally, Litecoin completed the wave ii/ correction from 76.75 with yesterday's test of 65.26 and a new impulsive rally should be unfolding. To confirm that the corrective decline from 76.75...
iconRelevance until2023-11-24
Analytical expert:
2023-11-23T06:00:37

Elliott wave analysis of EUR/USD for November 23, 2023

We have seen EUR/USD move lower in a temporary corrective wave, which we expect will be a bit deeper than what we have seen till now. We expect minor resistance...
iconRelevance until2023-11-24
Analytical expert:
2023-11-23T05:55:57

Elliott wave analysis of Litecoin for November 22, 2023

Litecoin has tested support at 65.45 and should be ready for the next impulsive rally higher through resistance at 71.79 that will confirm the correction from 76.75 has been completed...
iconRelevance until2023-11-23
Analytical expert:
2023-11-22T05:16:10

Elliott wave analysis of EUR/USD for November 22, 2023

EUR/USD found resistance at 1.0945 and we could see an inverse S/H/S bottom unfolding. If this is the case, we will likely see a temporary setback to support near 1.0785...
iconRelevance until2023-11-23
Analytical expert:
2023-11-22T05:06:56