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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

20 - 24 September	weekly forecast 20 - 24 September Sell German Stock's Index Now German Stock's Index Wave Analysis During the previous trading day, the German Stock's Index rallied to the lower side and is still pretty much bearish. As long as the price remains below the upper trendline, we expect nothing but a possible momentum to the lower side and should break below the More
2021	EURUSD	GBPUSD	USDJPY
24 September	We're sellers towards 1.12 Wave Analysis: Just as we anticipated boring the previous trading week, We're see price accelerate to the lowers ide and is still showing signs of moving even further to the lowerside, if you are on this chat right now, we recommend focusing on sell positions. We're are anticipated and impulsive be More	We're sellers towards 1.32 Wave Analysis Yesterday, the British pound continued to the lower side and is still showing signs of continuing much lower. Yesterday, we were expecting a slight pullback to the upper side, unfortunately, the price did not pullback significantly towards or target. According to the daily timeframe s More	We're buyers towards 112.90 Wave Analysis: The US Dollar continues to gain momentum to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As we mentioned in our previous forecast, we are still looking for long term buy positions on this chart, We basically want to see a significant pull More
23 September	We're sellers towards 1.16720	We're sellers towards 1.356	We're buyers for now
22 September	Wait for a buy from around 1.15<	We're sellers	We're buyers towards 110.
21 September	We're waiting	We're sellers.	We're sellers towards 107.906
20 September	We're sellers towards the lower trendline.	We're sellers towards the lower trendline.	We're buyers towards the upper trendline.

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Elliott waves analysis

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