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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

04 - 08
March
weekly
forecast
04 - 08
March

Barclays Weekly Review  Wave Analysis Since April last year, the shares of Barclays bank has been on the loosing end. By the end of last year, the shares of this company was as low as 7.25. However, earlier this year, the shares of this company is showing signs of rising.  Following the break ab

2019 EURUSD GBPUSD USDJPY
08
March

Wave Analysis Euro is currently below 1.12471, this is a key monthly level and as long as the price remains above it, we're waiting for a clear buy signal with an ultimate target at 1.22033. Ideally, we expect a possible bounce from this level to have marked an end to the corrective wave (b), that

Wave Analysis The cable continues to rally to the lowerside and is showing signs of closing below 1.31820. According to the monthly chart, we still expect a possible rally further to the upperside with the next ideal target at 1.45206. The anticipated bullish price rally is the continuation of the

Wave Analysis The Us Dollar pulled back to the lowerside perfectly to as previously forecasted, but is still above 110.836. As long as the price is above this weekly support, we expect a possible momentum further to the upperside with an ideal target at 114.191. The anticipated bullish price rally

07
March
06
March
05
March
04
March
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