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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

05 - 09
October
weekly
forecast
05 - 09
October

Australian Index   Wave Analysis Last week on Friday, the Australian index rallied steadily to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains above the lower trendline, we expect nothing but  a possible momentum to

2020 EURUSD GBPUSD USDJPY
09
October

Wave Analysis Yesterday, Euro bounced off from the supportive trendline, headed straight to the upperside and is still pretty much bullish. We expect further momentum to the upperside towards the upper trendline. If the price breaks and closes above the upper trendline, then further momentum much h

Wave Analysis Currently, GBPUSD is above the lower trendline, we we continue to see sustenance above the lower trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should breako

Wave Analysis The Us dollar continues to rally above the level 105.744. While we continue to see sustenance above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should br

08
October
07
October
06
October
05
October
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