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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

21 - 25
February
weekly
forecast
21 - 25
February

 SPX500 Weekly Review Wave Analysis During the previous trading day, the SPX500 rallied to the lowerside but failed to break below the lower trendline. While the price is contained above this trendline, this will give us an ideal place to consider a possible long term buy position. The idea

2022 EURUSD GBPUSD USDJPY
25
February

Wave Analysis: The Euro and the Great British Pound seems to be moving in the same direction.From this chat, unless the price breaks above the upper trendline then we we will be looking for buy pisitions towards 1.1350, but as of now we expect a rebound from the upper trendline to the lower side to

Wave Analysis; The Great British Pound is currently on a corrective wave,if you are looking at this pair right now we expect a rebound from the upper trendline towards the lower side around 1.3190 or even much lower.Unless the price breaks and closes above the upper trendline, then we will be buyer

Wave Analysis: During the previous trading hours, the US Dollar bounced off from the upper tredline towards the lower side in a move to correct the impulsive wave cycle three.The price is on the lower trendline as at now, I expect a rebound to the upper side towards 116.25, in continuation of the i

24
February
23
February
22
February
21
February
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