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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

18 - 22
January
weekly
forecast
18 - 22
January

DJI30 weekly Review  Wave Analysis Just before  the end of last week, Dow Jones lost a few points but is still pretty much bullish. While we continue to see sustenance above the blue indicator line, we expect nothing but a possible momentum to the upperside.  The anticipated bulli

2021 EURUSD GBPUSD USDJPY
22
January

Wave Analysis Few days ago, Euro broke above the upper trendline and is still pretty much above this trendline, while the price remains above both the upper trendline and also above the level 1.21006, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is

Wave Analysis The British pound continues to rally to the upperside perfectly as previously forecasted. As long as the price remains above the end of the previous impulsive wave (iii), we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuati

Wave Analysis The US Dollar continues to rally to the lowerside despite the previous forecast that this pair could continue to the upperside. As long as the price remains below the upper trendline, we are waiting for a rebound from the upper trendline to pick a low risk sell position with an ultim

21
January
20
January
19
January
18
January
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