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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

06 - 10
November
weekly
forecast
06 - 10
November

Bitcoin weekly Review: Wave Analysis: Following the bullish pin bar seen during the past trading week ending 28th October, Bitcoin rose tremendously to the upper side and is still pretty much bullish on almost all the time frames. During this week, we expect a possible bullish price rally to

2017 EURUSD GBPUSD USDJPY
10
November

Wave Analysis: During the previous trading day, we witnessed a possible correction of the impulsive wave (c) to the upper side but is still below 1.1678. During this intraday, we expect a possible stretch to the upper side but should not go beyond 1.1678 where we'll be looking to resell the impulsi

Wave Analysis: Still no active momentum in this pair. During the previous trading day, we expected possible extension of the impulsive wave (1) to the upper side, but as it appears, the cable could continue to stall before continuing upwards as expected. Ideally, we expect a break above 1.3477 to c

Wave Analysis: Despite yesterdays momentum to the lower side, we're yet to see an active momentum to the lower side, instead, at the moment, there a slight corrective rally to the upper side but is still below the upper trend line. As long as the price remains below this trend line, we expect a mas

09
November
08
November
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November
06
November
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