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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

04 - 08 November	weekly forecast 04 - 08 November Weekly Review Natural Gas Weekly Review Wave Analysis Ealier today, natural gas jumped above the upper trendline and is still pretty much above this trendline. As long as the price remains above this trendline, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is More
2019	EURUSD	GBPUSD	USDJPY
08 November	Sell Euro towards 1.1010. Wave Analysis Euro rallied intensely to the lowerside and even went below the supportive trendline. As long as the price is contained below the supportive trendline, we expect a possible continuation of the impulsive wave (c) to the lower side and should break below 1.1010 towards 1.0890. This vie More	Sell the cable with your take profit at 1.2585. Wave Analysis Instead of bouncing off of the supportive trendline as previously forecasted, the cable rallied to the lowerside and even went below the supportive trendline. As long as the price is contained below this trendline, we expect noting but a possible momentum to the lowerside, the antici More	We're buyers towards 109.60. Wave Analysis During the previous trading day, the Us dollar rallied to the upperside and even went above the upper trendline, As long as the price remains above this trendline, we expect nothing but a possible momentum to the uppe rside, the anticipated bullish price rally is the continuation of More
07 November	Sell Euro towards 1.0990.	Buy a bounce from the supportive trendline with your take profit at 1.2990.	Sell the Us Dollar with your take profit at 107.90.
06 November	Wait	Buy a bounce from around 1.2835.	Buy the US Dollar towards the upper trendlline.
05 November	Waitiing for a sell from 1.11825.	Waiting for a sell from 1.29275.	Sell a bounce from 108.905-109.177 with your take profit at 106.520.
04 November	Buy a breakout above the level 1.11825.	Sell a break below 1.29215.	Waiting for a resell from 109.177.

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Elliott waves analysis

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