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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

04 - 08
April
weekly
forecast
04 - 08
April

 Natural Gas Weekly Review Wave Analysis: During the previous trading week, The Natural gas continued to the upperside and is showing signs of sustaining itself above the 61.8% fib level. As it is now, I expect the price to pullback towards 61.6% fib level to give us a good place to lo

2022 EURUSD GBPUSD USDJPY
08
April

Wave Analysis: The Euro is currently trading in a contracting wedge formation.During the previous trading days,the price rallied to the lower trendline in continuation of the impulsive wave cycle three,the price rebonded to the upper trendline again in a corrective wave cycle four.Currently the pr

Wave Analysis: This pair is currently on a downtrend, the price has been rallying to the lower side.Recently the price bounced off from the upper trendline at the corrective wave cycle four towards the lower side in continuation of the impulsive wave cycle five. As at now,the price is around the l

Wave Analysis: The US Dollar is currently on an uptrend.Previously the price rebounded from the lower trendline at the corrective wave cycle four towards the upper trendline in continuation ot the impulsive wave cycle five.Right now the price is on the lower trendline,I expect a rebound to the upp

07
April
06
April
05
April
04
April
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