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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

27 September - 01
October
weekly
forecast
27 September - 01
October

 Gold Weekly Review Wave Analysis During the previous trading day, Silver markets rallied to the lowerside and is now below the zone 22.582-22.253. As long as the price remains below this zone, we remain short, our idea is to wait for a pullback to the upperside to pick a low risk long ter

2021 EURUSD GBPUSD USDJPY
30
September

Wave analysis Just as in the British pound, Yesterday, euro lost value significantly and is still pretty much bearish both on the lower and on the higher time frames, as it is now, we are sellers. Basically, we're looking forward to slight correction to the upper side to pick a possible long-term s

Wave analysis While the US Dollar is in an active up trend, the British pound is loosing value, on the chart basically we're looking forward to a possible surge much lower and could go as low as 1.31 or even lower. The idea here is to wait for a slight pullback to the upper side then pick a low ris

Wave Analysis During the past few days, the US dollar has been in active up trend. As we mentioned on Monday, while the price remains above the upper trend line we are buyers with an ideal target set around 115.79 and may continue even higher. On this chart, we expect buyers to continue pushing pri

29
September
28
September
27
September
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