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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

21 - 25 March	weekly forecast 21 - 25 March Weekly Review Brent Oil Weekly Review Wave Analysis After a massive spike to the upperside, Euro pulled back to the lowerside and is currently headed to the lowerside towards 92.180. As it is right now, I am looking forward to a possible surge towards 92.180 to pick a possible long term buy position. A brea More
2022	EURUSD	GBPUSD	USDJPY
25 March	Wait. Wave Analysis: During the previous trading days, the Euro rallied from the lower trendline at the impulsive wave cycle five towards the upper side, the price rallied along the upper trendline before breaking above it. As of now the price is above the upper trendline, if you are looking at this pai More	We are buyers. Wave Analysis; The Great British Pound is trading on an expanding wedge formation on an uptrend, the price is on the lower trendline in a corrective wave cycle four, we expect a further bullish momentum towards 1.3335 in continuation of the impulsive wave cycle five. On the flipside, should the pr More	We are buyers towards 122.75. Wave Analysis; This pair is currently trading on an uptrend,the price bounced off from the upper trendline to the lower side in continuation of the corrective wave cycle four,the price is currently at the lower trendline we expect a rebound to the upper side towards 122.75 or much higher. If you a More
24 March	We are buyers towards 1.1175.	We are short term buyers.	We are buyers.
23 March	We are short term buyers towards 1.1300.	We are sellers towards 1.3225.	We are short term sellers towards 120.50.
22 March	We are sellers towards 1.0855.	We are buyers towards 1.3225.	We are buyers.
21 March	We are buyers	We are buyers.	Wait.

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Elliott waves analysis

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