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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

11 - 15 March	weekly forecast 11 - 15 March Waiting to buy Amazon Shares Yahoo Weekly Review Wave Analysis Since 2015 until now, Yahoo shares has been rising steeply, but late 2017, we saw a plunge to the lowerside and even went below the line 68.34. As at now, the price is above the same level. As long as the value of this company's shares remains above 68.34, we e More
2019	EURUSD	GBPUSD	USDJPY
15 March	We're long Wave Analysis Euro continues to pullback to the upperside perfectly as previously expected, and is still above 1.12471. The line 1.12471 is a good buy place and as long as the price remains above it we expect nothing but a possible momentum to the upperside, The anticipated bullish price rally is t More	As long as the price is above 1.31820, look for buy orders. Wave Analysis The cable is currently trading above 1.31820. This is a key line and while the price is above it, we expect nothing but a possible momentum to the anticipated bullish price rally is the continuation of the larger wave (c) and should remain valid as long as the price remains above 1.31 More	Rebuy the US Dollar from 110.839. Wave Analysis We're looking at a possible long term buy towards 117.978. The anticipated bullish price rally is the continuation of the larger impulsive wave [c] and should first break above 114.192 to the target mentioned above. And on the flip side, should price break below 110.836, then this wil More
14 March	We're long towards the immediate trendline.	We're buying the cable above 1.31820 towards 1.45206.	Rebuy the US Dollar from 110.836
13 March	Wait for a clear buy signal towards 1.22033	Wait for a possible short term sell towards 1.26781.	Wait for a possible buy signal from 110.836 with your take profit at 114.191.
12 March	Look for a low risk buy order towards 1.22033.	Wait	Rebuy the US Dollar from 110.693.
11 March	Rebuy euro from 1.124741 towards 1.22033.	Remain short towards 1.26781.	Rebuy the US Dollar from 110.38 towards 114.191.

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Elliott waves analysis

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