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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

20 - 24 June	weekly forecast 20 - 24 June Gold, Silver, Oil Weekly Analysis Gold weekly review Weekly Review During the previous week ending 17th June 2016, the gold markets traded long for the better parts of the week but is yet to reach our target resistance level $1320. During this week, we still expect further movements to the upper side for wave (4) to e More
2016	EURUSD	GBPUSD	USDJPY
24 June	EURUSD Elliot Waves Analysis For 24 June 2016 Wave Analysis EUR/USD is currently trading with a bearish bias. Earlier today, following the Brexit, euro traded massively short and even broke below our ultimate target 1.1142. During this intraday, we are very reluctant to execute long trades, instead, in the meantime, we remain flat for protecti More	GBPUSD Elliot Waves Analysis For 24 June 2016 Wave Analysis GBP/USD is currently trading with a strong bearish bias. As previous forecasted, Brexit clearly hurt the British pound, the Cable deprecated to the lows of 1.1322 and may head further to the lower side. Although there may still be downward momentum, we remain flat, unless you are a pr More	USDJPY Elliot Waves Analysis For 24 June 2016 Wave Analysis USD/JPY is currently trading with a strong bearish bias. Following the Brexit, most currencies moved unanimously to the lower side including the US dollar Yen. We expect a possible bearish momentum towards 99.02. Thus, during this intraday, we will only be keen to look for signals tha More
23 June	EURUSD Elliot Waves Analysis For 23 June 2016	GBPUSD Elliot Waves Analysis For 23 June 2016	USDJPY Elliot Waves Analysis For 23 June 2016
22 June	EURUSD Elliot Waves Analysis For 22 June 2016	GBPUSD Elliot Waves Analysis For 22 June 2016	USDJPY Elliot Waves Analysis For 22 June 2016
21 June	EURUSD Elliot Waves Analysis For 21 June 2016	GBPUSD Elliot Waves Analysis For 21 June 2016	USDJPY Elliot Waves Analysis For 21 June 2016
20 June	EURUSD Elliot Waves Analysis For 20 June 2016	GBPUSD Elliot Waves Analysis For 20 June 2016	USDJPY Elliot Waves Analysis For 20 June 2016

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Elliott waves analysis

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