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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

30 November - 04 December	weekly forecast 30 November - 04 December Gold, Silver, Oil Weekly Analysis Gold Weekly Review: Weekly Review: Since 28th October 2015, Gold has continually made lower lows. However, on 16th November 2015, the daily candle made a higher low compared to the previous lows. Against this backdrop, we expect the current downward movements in the gold market to be More
2015	EURUSD	GBPUSD	USDJPY
04 December	EURUSD Elliot Waves Analysis For 4 Dec 2015 Technical View: EUR/USD is currently trading with a very slight bearish bias. The pair traded long as previously forecasted and ended up closing along the red resistive trend line. Due to the massive upward movements witnessed during the previous trading day, we are very reluctant to go short, we More	GBPUSD Technical Analysis For 4 Dec 2015 Technical View: GBP/USD is currently trading with a bullish bias. The pair ended up closing within the falling wedge and headed perfectly long as previously forecasted. Due to the just witnessed massive upward movements, we are very reluctant to go short at the moment, We will remain long with tar More	USDJPY Elliot Waves Analysis For 4 Dec 2015 Wave View: USD/JPY is currently trading with a bearish bias. The pair traded short but could not reach our target support 121.93, we still expect further downward movements to this support level during today's trading day. Ideally, wave (c) should close below wave (a) along the support 121.93. Th More
03 December	EURUSD Elliot Waves Analysis For 3 Dec 2015	GBPUSD Technical Analysis For 3 Dec 2015	USDJPY Elliot Waves Analysis For 3 Dec 2015
02 December	EURUSD Elliot Waves Analysis For 2nd December 2015	GBPUSD Technical Analysis For 2nd December 2015	USDJPY Elliot Waves Analysis For 2nd December 2015
01 December	EURUSD Elliot Waves Analysis For 1st December 2015	GBPUSD Technical Analysis For 1st December 2015	USDJPY Elliot Waves Analysis For 1st December 2015
30 November	EURUSD Elliot Waves Analysis For 30th November 2015	GBPUSD Technical Analysis For 30th November 2015	USDJPY Elliot Waves Analysis For 30th November 2015

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Elliott waves analysis

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