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

30 May - 03
June
weekly
forecast
30 May - 03
June

 German Stock's Index Weekly Outlook: Wave Analysis: During the previous trading day, the German stock's index ended up closing as slightly bullish indicison candle. As long as the price does not clearly break and close above the upper trendline, we are expecting a possible rebound from the imme

30 May - 03
June
weekly
forecast
30 May - 03
June

 German Stock's Index Weekly Outlook: Wave Analysis: During the previous trading day, the German stock's index ended up closing as slightly bullish indecision candle. As long as the price does not clearly break and close above the upper trendline, we are expecting a possible rebound from th

2022 EURUSD GBPUSD USDJPY
03
June

Wave Analysis: Previously, the price broke above a key resistance level and headed upwards but later retraced back to the same level. Right now the price is rebounding from the resistance level at the lower trendline towards the upper side, I expect to see a further bullish momentum towards 1.0955

Wave Analysis: During the previous trading days, the price rallied along the upper trendline for a while before bouncing off to the lower trendline at the corrective wave cycle four. Currently the price is on the lower trendline rallying towards the upper side. I expect a rebound towards 1.2855 ib

Wave Analysis: This pair is currently trading in an expanding wedge formation, the price bounced off from the impulsive wave cycle three towards the lower side at the corrective wave cycle four, during the previous trading days. As at now, the price is on the lower trendline, I expect a further bu

02
June
01
June
31
May
30
May
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 .