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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

30 August - 03
September
weekly
forecast
30 August - 03
September

 SPX500 Weekly Review Wave Analysis During the previous trading week, SPX500 continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains within the inner channel, we expect nothing but a possible momentum to the uppers

2021 EURUSD GBPUSD USDJPY
03
September

Wave Analysis: During the past few days, Euro has been continuing to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, keep looking for low risk buy positions expecting the price to continue to the upperside with the next ideal target set

Wave Analysis: During the previous trading day, the British pound rallied to the upperside but could not break above the upper trendline. As long as the price remains below the upper trendline, we are looking for a possible long term sell position. This is the continuation of an impulsive wave coun

Wave Analysis: During the previour week, nothing much has been happening on this pair, we expected an impulsive surge to the upperside, however, that is yet to happpen, as it is now, we expect price to pullback again towards the lower trendline to give us the correct opportunity to look for a possi

02
September
01
September
31
August
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August
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