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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

20 - 24
April
weekly
forecast
20 - 24
April

 SPX500 Weekly Review Wave Analysis SPX500 continued to the upperside during the previous week and is still pretty much bullish both on the daily and on the weekly charts. As it is now, we are buyers, we are waiting for a clear breakout above 61.8% fib level to pick a long term buy order. T

2020 EURUSD GBPUSD USDJPY
24
April

Wave Analysis Euro continues to move to the lower side and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the previous day's lowest low, we expect nothing but a possible momentum to the lower side, the anticipated bearish price rally is

Wave Analysis The cable continues to move to the lower side and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains above 1.21352-1.20231, we expect buyers to dominate around this zone, as it is now, we are holding onto a sell position we took duri

Wave Analysis Yesterday, Nothing much happened on this pair the Us dollar consolidated within a range, not going above 109.975 or below 106.960, if the price successful goes below 106.960, then we will consider a long term sell order with an ultimate target around 105.263, on its way to the lowers

23
April
22
April
21
April
20
April
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