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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

07 - 11 March	weekly forecast 07 - 11 March Buy Brent Oil now CAC40 Weekly Review Wave Analysis Last week, the French stock's index rallied intensely to the lower side and is still showing signs of continuing much lower. As it is right now, I expect a possible extension of the last impulsive wave (c) to the lowerside and may see the price break below More
2022	EURUSD	GBPUSD	USDJPY
11 March	We are buyers towards 1.1395. Wave Analysis: Previously this pair rallied to the lower side,currently the price is on the lower trendline,we expect a bullish momentum to the upper side towards 1.1395 in continuation of the corrective wave cycle four.Alternatively should the price break clearly below the lower trendline, then th More	We are buyers towards 1.3580. Wave Analysis: This pair has been trading within the upper and the lower trendline fo a while now,currently the price is on the lower trendline in an impulsive wave cycle three.We expect a rebound to the upper side towards 1.3580 in continuation of the corrective wave cycle four.However, should th More	We are short term buyers. Wave Analysis: The US Dollar previously rallied along the lower trendline for quite sometime.Recently the price bounced off and is currently headed to the upper trendline towards 117.40 or even much.The anticipated bullish momentum is a continuation of the impulsuve wave cycle five.If you are looki More
10 March	We are sellers towards 1.0670.	Wait.	We are short towards 114.75.
09 March	We are sellers.	We are short.	Wait.
08 March	We are buyers.	We are buyers.	We are sellers towards 114.45.
07 March	We are short.	We are short term buyers towards 1.3575.	We are buyers.

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Elliott waves analysis

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