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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

09 - 13 May	weekly forecast 09 - 13 May Gold, Silver, Oil Weekly Analysis Gold weekly Review Weekly Review During The previous week ending 6th April, Gold markets broke above the upper resistive trend line and is still pretty much bullish. Following this breakout, we are very reluctant to look for short positions, instead, during this week, we will be keen More
2016	EURUSD	GBPUSD	USDJPY
13 May	EURUSD Elliot Waves Analysis For 13 May 2016 Wave Analysis: EUR/USD is currently trading with a slight bullish bias.Yesterday, the pair traded short for the better parts of the day and even ended up closing within the descending channel. Although we expect further momentum to the lower side, we will only sell upon a clear breakout below the s More	GBPUSD Elliot Waves Analysis For 13 May 2016 Wave Analysis: GBP/USD is currently trading with a slight bullish bias. Yesterday, the pair broke above the channel but ended up within the same channel. As long as the pair trades within this channel, expect a rally to the lower side, a clear breakout above 1.4480 will lead to an acceleration to t More	USDJPY Elliot Waves Analysis For 13 May 2016 Wave Analysis: USD/JPY is currently trading with a bearish bias. From the hourly chart, double top pattern is in a process of continuation with the resistance level 109.34 being the top . We expect a downward rally towards 108.35, then an upward retracement towards 108.56 to give us a low risk sell More
12 May	EURUSD Elliot Waves Analysis For 12 May 2016	GBPUSD Elliot Waves Analysis For 12 May 2016	USDJPY Elliot Waves Analysis For 12 May 2016
11 May	EURUSD Elliot Waves Analysis For 11 May 2016	GBPUSD Elliot Waves Analysis For 11 May 2016	USDJPY Elliot Waves Analysis For 11 May 2016
10 May	EURUSD Elliot Waves Analysis For 10 May 2016	GBPUSD Elliot Waves Analysis For 10 May 2016	USDJPY Elliot Waves Analysis For 10 May 2016
09 May	EURUSD Elliot Waves Analysis For 9 May 2016	GBPUSD Elliot Waves Analysis For 9 May 2016	USDJPY Elliot Waves Analysis For 9 May 2016

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Elliott waves analysis

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