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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 December	weekly forecast 14 - 18 December Gold, Silver, Oil Weekly Analysis Gold weekly Review: Weekly Review: Since 25th August 2013, Gold has been trading within the downward channel, not going above the red diagonal resistive line and below the green diagonal supportive line. However, during the previous week 4 December 2015, Gold tested the lower green More
2015	EURUSD	GBPUSD	USDJPY
18 December	EURUSD Elliot Waves Analysis For 18 December 2015 Wave Analysis: EUR/USD is currently trading with a bullish bias. The pair went short as previously forecasted end even hit our target 1.0808. Following the massive downward movements witnessed during the previous intradays, we are very reluctant to hold on to long positions. We are waiting for a More	GBPUSD Elliot Waves Analysis For 18 December 2015 Wave Analysis: GBP/USD is currently trading with a slight bullish bias. Wave (5) traded perfectly short as previously forecasted but could not reach our target of the green supportive trend line. We are waiting for the current upward pullback to close along 1.4928 before we continue short with t More	USDJPY Elliot Waves Analysis For 18 December 2015 Wave Analysis: USD/JPY is currently trading with a bullish bias. The pair went long as previously forecasted and even ended up trading with the zone 122.24 and 123.65. Following this upward movements, we are very reluctant to go short, we will remain long with our target at 123.65. Also, We will l More
17 December	EURUSD Elliot Waves Analysis For 17 December 2015	GBPUSD Elliot Waves Analysis For 17 December 2015	USDJPY Elliot Waves Analysis For 17 December 2015
16 December	EURUSD Elliot Waves Analysis For 16 December 2015	GBPUSD Elliot Waves Analysis For 16 December 2015	USDJPY Elliot Waves Analysis For 16 December 2015
15 December	EURUSD Elliot Waves Analysis For 15 December 2015	GBPUSD Elliot Waves Analysis For 15 December 2015	USDJPY Elliot Waves Analysis For 15 December 2015
14 December	EURUSD Elliot Waves Analysis For 14 December 2015	GBPUSD Elliot Waves Analysis For 14 December 2015	USDJPY Elliot Waves Analysis For 14 December 2015

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Elliott waves analysis

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