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

27 - 31
May
weekly
forecast
27 - 31
May

GazpromNef Weekly Review  Wave Analysis Since July 2016, the shares of this company has been increasing in value.  And despite the decline witnessed earlier 2017 and late last year, the shares of this company are generally on the rise.  While the price is contained above the 344.55 handle, we ex

2019 EURUSD GBPUSD USDJPY
31
May

Wave Analysis During the previous trading day, the impulsive wave (E) traded impulsively to the lower side and is still pretty much bearish both on the daily and the weekly charts. As we mentioned in our previous forecasts, as long as the price remains within the decline wedge formation, we expect

Wave Analysis During the previous few days, the cable pulled back to the upperside but has now embarked on a move to the lowerside. As long as the price remains below 1.26380, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the

Wave Analysis The previous day;s candle was a perfect bearish pin bar candle. As long as the price remains below the envelopes on the 15 minutes chart, we expect nothing but a possible steep decline towards 100.00 or even lower. The idea is to wait for retracements back to the upper side to pick l

30
May
29
May
28
May
27
May
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 .