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Elliott waves analysis

This forecast is based on the Elliott Wave Principle which states that investor psychology is the motor behind the stock markets. In this analysis however, the analyst not only observes the previous price patterns, but also takes into account the correlation between different pairs before releasing forecasts.

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Elliott waves analysis

21 - 25 November	weekly forecast 21 - 25 November Weekly Review Silver Weekly Review Wave Analysis Gold continues to rally above the immediate trendline. While the price remains above the immediate lower trendline, I expect nothing but a possible momentum to the lowerside upperside. While the price remains above this trendline, buyers are in full contr More
2022	EURUSD	GBPUSD	USDJPY
25 November	We're buyers towards 1.05. Wave Aanlysis After a break above 1.03085, Euro continued to the upperside and is still showing signs of continuing to the upperside. As it is right now, I am looking for nothing but a possible momentum to the upperside, As I said previously, we are looking for a possible break beyond the previous More	We're buyers towards 1.23. Wave Analysis The previous day's close saw the British pound close as a bullish candle. On this chart, I am looking for nothing but a possible momentum to the upperside. On this chart, I am looking for nothing but a possible momentum the upperside. The idea on this chart, I expect nothing but a po More	We're flat for now Wave Analysis The US Dollar continues to consolidate, not giving us any signals. As we mentioned during the previous trading day, we are looking for a possible breakout above the level 137.870 to push the price to the lowerside towards 130.90 and will push the price much lower. On the flipside, sh More
24 November	We're buyers towards 1.17	We're buyers towards 1.22.	We're on the sidelines.
23 November	We're sellers towards 1.00848	We're buyers towards 1.20060	We're sellers towards 137.870.
22 November	We're sellers towards 1.00848.	We're buyers towards 1.20.	We're waiting to buy a break above 142.354 towards 145.777.
21 November	We're sellers towards 1.02035.	We're buyers towards 1.21.	We're sellers towards 125.610.

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Elliott waves analysis

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