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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

10 - 14
February
weekly
forecast
10 - 14
February

Gold Weekly Review  Wave Analysis During the previous trading day, gold markets moved to the upper side but could not go beyond the upper trend line, we expect the bounce from 17.726 to have marked an end to the corrective wave 4, that the current bearish price rally is the continuation of

2020 EURUSD GBPUSD USDJPY
14
February

Wave Analysis Just as previously forecasted, Euro continued to the lower side and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains below the level 1.08980, we expect nothing but a possible momentum to the lower side, the anticipated bearish pric

Wave Analysis Perfectly as previously forecasted, the cable bounced off from 1.28830 and is currently heading to the upper side, as long as the price remains above this level, we expect this bounce to have marked and end to the corrective wave (4) that the current bullish price rally is the contin

Wave Analysis Nothing much appears to be happening on this pair, the US Dollar continues to consolidate despite the previous forecast that this pair could continue to the upper side, nothing much appears tp be happening, As it is on this chart now, we are waiting for a either a bounce from 110.230

13
February
12
February
11
February
10
February
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