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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

29 February - 04 March	weekly forecast 29 February - 04 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. The weekly candle is still pretty much bearish and will likely continue short during this week. Thus, during this trading week, we will be keen More
2016	EURUSD	GBPUSD	USDJPY
04 March	EURUSD Elliot Waves Analysis For 4 March 2016 Wave Analysis: EURUSD is currently trading with a bullish bias. During the previous trading day, Euro broke above the upper resistive trend line and is currently making minor pullbacks towards this trend line. We expect the price to rebound from this trend line for us to continue long with an ult More	GBPUSD Elliot Waves Analysis For 4 March 2016 Wave Analysis: GBPUSD is currently trading with a bullish bias. During the previous trading day, pound broke above a key resistant zone 1.4065-1.4079, and is currently trading just below the next resistant level 1.4206. Unless the price breaks out above 1.4220, expect a rebound from the zone 1.42 More	USDJPY Elliot Waves Analysis For 4 March 2016 Wave Analysis: USDJPY is currently trading with a bearish bias. During the previous trading day, usd/jpy rebounded from 114.28 and is currently retracing towards 112.35. We expect further movements towards this support level 112.35 or even further low to the supportive trend line. In the meantime More
03 March	EURUSD Elliot Waves Analysis For 3 March 2016	GBPUSD Elliot Waves Analysis For 3 March 2016	USDJPY Elliot Waves Analysis For 3 March 2016
02 March	EURUSD Elliot Waves Analysis For 2 March 2016	GBPUSD Elliot Waves Analysis For 2 March 2016	USDJPY Elliot Waves Analysis For 2 March 2016
01 March	EURUSD Elliot Waves Analysis For 1 March 2016	GBPUSD Elliot Waves Analysis For 1 March 2016	USDJPY Elliot Waves Analysis For 1 March 2016
29 February	EURUSD Elliot Waves Analysis For 29 February 2016	GBPUSD Elliot Waves Analysis For 29 February 2016	USDJPY Elliot Waves Analysis For 29 February 2016

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Elliott waves analysis

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