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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 February	weekly forecast 14 - 18 February Buy HongKong Stock's Index HSI Weekly Review Wave Analysis During the previous trading week, Hong Kong Stock's index bounced off from the lower trendline but is yet to show any clear moves to the upperside. As it is right now, I expect nothing but a possible momentum to the upperside. The anticipat More
2022	EURUSD	GBPUSD	USDJPY
18 February	We are buyers. Wave Analysis; This pair has been rallying within the upper and the lower trendline for quite sometime now,from where the price is at now we expect a futher momentum to the upper side towards 1.1405 or even much higher.As of now look for short term buy positions with the first ideal target at 1.14 More	Wait. Wave Analysis: The price is currently moving to the lower trendline to correct the previous impulsive wave count,we expect a rebound from 1.3600 towards the upper side around 1.3660.As of now we are on hold waiting for the price at the lower trendline so that we can pick buy positions.However if th More	We are buyers. Wave Analysis: During the previous trading hours, the US Dollar bounced back to the lower trendline,the price is currently on a corrctive wave count.We expect a rebound to the upper side towards 116.40 in continuation of the impulsive wave cycle five.If you are looking at this pair right now we are More
17 February	We are buyers towards 1.1405.	We are short term buyers towards 1.3700.	We are buyers.
16 February	We are sellers towards 1.1269.	We are buyers.	Wait.
15 February	We are buyers towards 1.1375	We are buyers towards 1.3615.	We are buyers.
14 February	We are short towards 1.0910.	We are sellers	We are buyers towards 117.60.

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Elliott waves analysis

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