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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

09 - 13
March
weekly
forecast
09 - 13
March

Silver Weekly Review   Wave Analysis After breaking below 17.410-17.508, silver pulled back to the same zone but could break again above it, as long as the price remains below this zone, we expect we expect nothing but a possible momentum to the lower side, the anticipated bearish price rall

2020 EURUSD GBPUSD USDJPY
13
March

Wave Analysis Yesterday, we saw a 50% fib retracement when euro dropped but failed to close below 1.10797. As it is now, unless the price breaks below the previous day's lowest low, we're remaining flat, but in case the price goes below 1.10797, then this will give us a good place to consider a po

Wave Analysis During the previous trading day, the cable bounced off from the support level 1.25236 and is currently heading to the upper side, we expect this bounce to be an end to the impulsive wave (iii) that the current bullish price rally is the continuation of the corrective wave (iv) to the

Wave Analysis On this chart, the most important levels include 100.858, 103.173, 104.992, 106.571, and 108.337. According to the hourly chart attached, we expect a possible continuation of the corrective three wave cycle and could push price much higher but should not break above the 50.0% fib lev

12
March
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09
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