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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

14 - 18 March	weekly forecast 14 - 18 March Gold, Silver, Oil Weekly Analysis Gold weekly Review Weekly Review During the previous trading week, Gold broke above the upper resistive trend line but ended up closing below it, thereby giving us a reversal candle. During this week, we expect to continue short with wave (a) and ultimately with wave [5]. Ideally, i More
2016	EURUSD	GBPUSD	USDJPY
18 March	EURUSD Elliot Waves Analysis For 18 March 2016 Wave Analysis: EUR/USD is currently trading with a bullish bias. Following the break above the pivot level 1.1178, Euro appears to have developed a bullish trend. We anticipate a breakout above 1.1380 for us to continue long with our ideal target at 1.1492. Alternatively, we wait for minor pullbac More	GBPUSD Elliot Waves Analysis For 18 March 2016 Wave Analysis: We expect GBP/USD to trade with a bullish bias. Following yesterday's break above 1.4406, the pair is clearly in a trend continuation pattern and will likely continue long with our next ideal target at 1.46609. In the meantime, we wait for minor corrective rally towards 1.4406 to go More	USDJPY Elliot Waves Analysis For 18 March 2016 Wave Analysis: USDJPY is expected to traded in the higher ranges as long as it trades above 111.05. The pair broke below a key pivot level 112.4 which should now act as a resistant. Thus, as long as the level 111.05 protects the lower side, we will be looking for long positions with our target at More
17 March	EURUSD Elliot Waves Analysis For 17 March 2016	GBPUSD Elliot Waves Analysis For 17 March 2016	USDJPY Elliot Waves Analysis For 17 March 2016
16 March	EURUSD Elliot Waves Analysis For 16 March 2016	GBPUSD Elliot Waves Analysis For 16 March 2016	USDJPY Elliot Waves Analysis For 16 March 2016
15 March	EURUSD Elliot Waves Analysis For 15 March 2016	GBPUSD Elliot Waves Analysis For 15 March 2016	USD/JPY Elliot Waves Analysis For 15 March 2016
14 March	EURUSD Elliot Waves Analysis For 14 March 2016	GBPUSD Elliot Waves Analysis For 14 March 2016	USDJPY Elliot Waves Analysis For 14 March 2016

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Elliott waves analysis

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