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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

13 - 17 June	weekly forecast 13 - 17 June Gold, Silver, Oil Weekly Analysis Gold Weekly review: Weekly Review: During the previous trading day ending 10th June 2016, Gold markets traded long and even broke above the upper resistive trend line forming top of the falling channel. This commodity is still pretty much bullish and may head further to the upper side More
2016	EURUSD	GBPUSD	USDJPY
17 June	EURUSD Elliot Waves Analysis For 17 June 2016 Wave Analysis: EUR/USD is currently trading with a bearish bias. Yesterday, the pair traded short as previously forecasted and even hit our target support level 1.1142. Earlier today, the pair retraced to the upper side but is yet to reach our target resistance level 1.1291. We expect further rally More	GBPUSD Elliot Waves Analysis For 17 June 2016 Wave Analysis: GBP/USD is currently trading with a bearish bias. Yesterday, wave (c) went a bit lower than expected and even closed below 1.4103, we expect the level 1.4281 to have marked the end of the three wave cycle with wave (c) ending at 1.4281. As long as the pair trades below 1.4281, we exp More	USDJPY Elliot Waves Analysis For 17 June 2016 Wave Analysis: USD/JPY is currently trading with a bearish bias. Yesterday, the pair broke below the falling wedge and is still pretty much bearish. The daily candle is very bearish which means the bears may still be having enough energy to drive the market to the lower side, thus, during this intr More
16 June	EURUSD Elliot Waves Analysis For 16 June 2016	GBPUSD Elliot Waves Analysis For 16 June 2016	USDJPY Elliot Waves Analysis For 16 June 2016
15 June	EURUSD Elliot Waves Analysis For 15 June 2016	GBPUSD Elliot Waves Analysis For 15 June 2016	USDJPY Elliot Waves Analysis For 15 June 2016
14 June	EURUSD Elliot Waves Analysis For 14 June 2016	GBPUSD Elliot Waves Analysis For 14 June 2016	USDJPY Elliot Waves Analysis For 14 June 2016
13 June	EURUSD Elliot Waves Analysis For 13 June 2016	GBPUSD Elliot Waves Analysis For 13 June 2016	USDJPY Elliot Waves Analysis For 13 June 2016

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Elliott waves analysis

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