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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

04 - 08
December
weekly
forecast
04 - 08
December

DeutscheBk weekly review Technical Observation: During the previous, the price of this share opened at 18.84, went as low as 18.43 and a high as 19.08  but ended up closing at 18.96. The previous week's candle is a perfect bullish pin bar candle and signal a possible increase in the number

2017 EURUSD GBPUSD USDJPY
08
December

Wave Analysis: During the previous trading day, Eur dropped and is still pretty much bearish both on the daily and the weekly charts. We're still short, and we expect the impulsive wave (c) to extend to the lower side and should breakout below 1.1673 with an ultimate target at 1.1120. On the daily

Wave Analysis: Perfectly as previously forecasted, the cable rose as expected and is still showing possible momentum to the upper side. During this intraday, we expected a possible continuation of the impulsive wave (1) to the upper side and should breakout above 1.3735 so that we buy the impulsive

Wave Analysis: Instead of going short as we previously expected, Usd rose massively to the upper side and even went above the upper resistive trend line. This is a clean breakout and could mean we're still long with an ultimate target at 119.00. As long as the price remains above this trend line, w

07
December
06
December
05
December
04
December
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