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Elliott waves analysis

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.

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Elliott waves analysis

24 - 28 September	weekly forecast 24 - 28 September Buy SPX 500 Gas Weekly Review: Wave Analysis During the previous trading week, Gas rose tremendously and even went above the weekly resistance trendline. As long as the price remains above this trendline, we expect nothing buy a possible momentum to the upperside. The anticipated bullish price rally will b More
2018	EURUSD	GBPUSD	USDJPY
28 September	wait for a correction towards 1.17339 to pick a long term short position towards 1.15189 Wave Analysis During the previous trading day, euro traded intensely to the lower side and is now around 1.16477. Following the break below 1.17339, we expect further momentum to the lower side, and as long as the price remains below this level, we expect a possible momentum to the lower side with More	We're short towards 1.30380. Wave Analysis During the previous trading day, the cable traded intensely to the loweside and even went below the level 1.31392. As long as the price remains below this level, we expect further momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave More	we're long from 113.030 Wave Analysis During the previous trading day, the US Dollar rallied intensely to the upperside and even went above 113.084. As long as the price remains above this level, we expect the impulsive five wave cycle to continue to the upperside and should break above 114.00. If this is the case, then f More
27 September	we're long as long as the price remains above 1.17339	we're short below 1.31392.	we're short towards 112.404.
26 September	We're long from the supportive trendline.	we're short towards the lower trendline.	We're long above 114.00.
25 September	We’re long towards 1.2270	We’re short below	We’re long towards 114.00
24 September	As long as the price is above 1.1602, we expect a rally upwards.	We’re looking for a short position now.	Waiting to rebuy euro around 111.65.

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Elliott waves analysis

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