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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

06 - 10 June	weekly forecast 06 - 10 June Gold, Silver, Oil Weekly Analysis Gold weekly Review Weekly Review: During the previous week ending 3rd June 2016, instead of going short as previously forecasted, Gold markets retraced massively to the upper side following the NFP results but could not close above the upper resistive trend line forming top of the fal More
2016	EURUSD	GBPUSD	USDJPY
10 June	EURUSD Elliot Waves Analysis For 10 June 2016 Wave Analysis EUR/USD Is currently trading with a bearish bias. This pair traded massively short during the previous trading day and is still pretty much bearish. Following the break below 1.1324, we still expect further movements to the lower side but should not close below 1.12177. This view rema More	GBPUSD Elliot Waves Analysis For 10 June 2016 Wave Analysis GBP/USD is currently trading with a bearish bias. As previously forecasted, this pair broke below 1.4480-1.4468 and is still pretty much bearish. Although we still expect further movements to the lower side, we are waiting for minor upward retracements towards 1.4468 to give us low ri More	USDJPY Elliot Waves Analysis For 10 June 2016 Wave Analysis USD/JPY is currently trading with a bullish bias. Yesterday, the pair tested the support level 106.57, headed long but is yet to reach our target resistance level 107.37. We still expect further movements to the upper side towards 108.59 or even further to 109.59. Ideally, the anticip More
09 June	EURUSD Elliot Waves Analysis For 9 June 2016	GBPUSD Elliot Waves Analysis For 9 June 2016	USDJPY Elliot Waves Analysis For 9 June 2016
08 June	EURUSD Elliot Waves Analysis For 8 June 2016	GBPUSD Elliot Waves Analysis For 8 June 2016	USDJPY Elliot Waves Analysis For 8 June 2016
07 June	EURUSD Elliot Waves Analysis For 7 June 2016	GBPUSD Elliot Waves Analysis For 7 June 2016	USDJPY Elliot Waves Analysis For 7 June 2016
06 June	EURUSD Elliot Waves Analysis For 6 June 2016	GBPUSD Elliot Waves Analysis For 6 June 2016	USDJPY Elliot Waves Analysis For 6 June 2016

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Elliott waves analysis

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