Picture of the author

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.

Elliott waves analysis

19 - 23
September
weekly
forecast
19 - 23
September

Gold Weekly Review Wave Analysis: On the 4 hours chart shown above, gold is currently in an active bearish momentum. As long as the  price remains below the two moving averages, I am   looking at nothing but a possible momentum to the lowerside. The anticipated bearish price rally

2022 EURUSD GBPUSD USDJPY
23
September

Wave Analysis: Euro is currently heading to the lowerside. While the price remains below the three moving averages, I expect nothing but a possible momenytum to the lowerside. The anticipated bearish price rally is the continuation of the last iumpulsive wave (5) and should break below 0,98 and may

Wave Analysis: The British pound is currently heading to the upperside. As long as the price remains below the three moving averages, I expect nothing but a possible momentum to the upperside. The anticipated bearish price rally is the continuation of an impulsive wave count and will see the price

Wave Analysis: Just as previously expected, the US Dollar rallied to the lowerside but failed to sustain itself below the 52 period moving average. This is a sign that the buyers could still be in control. As long as the price remains above this zone, I expect nothing but a possible momentum to the

22
September
21
September
20
September
19
September
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .