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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.

Elliott waves analysis

18 - 22
July
weekly
forecast
18 - 22
July

 Silver Weekly Analysis: Silver has been in an active down trend. As long as the price remains below the two moving averages shown above, I expect nothing but a possible rally to the lowerside. The anticipated bearish price  rally is the continuation of the last impulsive wave (v) to th

2022 EURUSD GBPUSD USDJPY
22
July

Wave Analysis: The Euro bounced off from the impulsive wave cycle three towards the lower trendline at the corrective wave cycle four. Right now the price is on the lower trendline, I expect a rebound towards the upper trendline around 1.0450 in continuation of the impulsive wave cycle five. On th

Wave Analysis: Previously, the price bounced off from the upper trendline at the impulsive wave cycle three towards the lower side at the corrective wave cycle four, We had anticipated a rebound from the lower trendline towards the upper side in continuation of the impulsive wave cycle five. Right

Wave Analysis: During yesterday's forecast, we had anticipated that the price would bounce back to the lower trendline at the corrective wave cycle four then rebound towards the upper side in continuation of the impulsive wave cycle five. As at now the price is rallying towards the upper side, I ex

21
July
20
July
19
July
18
July
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