Picture of the author

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

07 - 11
October
weekly
forecast
07 - 11
October

Silver in A corrective mode Wave Analysis Just as we mentioned in our previous analysis, silver failed to break below 17.220, instead it bounced off from this level and is now heading to the upper side. Our previous analysis on this symbol still remains intact. As long as the price does not viol

2019 EURUSD GBPUSD USDJPY
11
October

Wave Analysis During the previous trading day, Euro rallied massively to the up side and even went above the zone 1.0990-1.0995. As long as the price is contained above this level, we're waiting for a possible correction towards this zone to pick a long term buy order with an ultimate target around

Wave Analysis During the previous trading day, the impulsive five wave cycle stretched massively to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price is contained above the previous day's highest high, we expect further momentum to the u

Wave Analysis The US Dollar is currently trading with an increasing bullish bias momentum. Just as we mentioned during the previous day's analysis, as long as the price is contained above the trendline above, we expect nothing but a possible momentum to the upperside, the anticipated bullish price

10
October
09
October
08
October
07
October
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .