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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

05 - 09
February
weekly
forecast
05 - 09
February

Bitcoin Weekly Review Wave Analysis: Bitcoin continues to crash day by day since hitting the high of $20,000.00. We expect the downward rally that began a week ago to be the unfolding of a corrective three wave cycle and should not go beyond the support line 4677.97, if this level is broken, t

2018 EURUSD GBPUSD USDJPY
09
February

Wave Analysis: Euro is still rallying below 1.2293, as long as the price remains below 1.2293, we expect a possible bearish price movements but should not go beyond 1.2055, the anticipated bearish price movements is the continuation a correction to the lower side and may extend below 1.2055. This v

Wave Analysis: After a massive decline in almost one week, the cable currently recovering above 1.3855, as long as the level 1.3855 protects the lower side, we expect this level to have marked the end of the three wave correction cycle that the current bullish price rally is a continuation phase of

Wave Analysis: Still nos significant move has been seen on this pair, the US Dollar is still being contained above 108.50, unless the price clearly breaks below 108.50, I expect a clear rebound from this level to pick a long position with an ideal target at 110.40, a break below 108.50 will culmina

08
February
07
February
06
February
05
February
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