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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

20 - 24
November
weekly
forecast
20 - 24
November

Deutsche Bank weekly review Wave Analysis: Perfectly as previous forecasted, during the past two weeks, Deutsche Bank shares has rose in value and is stil pretty much bullish both on the weekly and the monthly charts. We expect further rise to the upper side  but should not go beyond 25.93. The

2017 EURUSD GBPUSD USDJPY
24
November

Wave Analysis: During the previous trading day, euro rose just a few pips to the upper side but is still below the daily resistance level 1.1862, we expect this level to have marked the end of this correction, that any moment from now, we expect a rebound from 1.1862 to short the impulsive wave (c)

Wave Analysis: During the previous trading day, we saw a correction of the impulsive wave (1) to the lower side but its still pretty much bullish. During this intraday, we expect a possible extension of the impulsive wave (1) to the upper side and could break above 1.3477. If you're not long alread

Wave Analysis: Earlier today, we're seeing a minor correction of the impulsive wave (E) to the upper side the the US Dollar remains bearish on the higher time frames. The highest place we expect this correction to reach is 111.76, so if you went short the day before yesterday, just remain short, if

23
November
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November
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November
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November
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