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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

18 - 22
September
weekly
forecast
18 - 22
September

Bitcoin Weekly Review: Wave Analysis: As previously forecasted, the corrective wave (4) extended slightly to the lower than expected and even broke below the support level 3895 and still below. This week, we expect a possible extension of this corrective rally but should not go beyond the en

2017 EURUSD GBPUSD USDJPY
22
September

Wave Analysis: Despite the bearish engulfing candle seen on 20th September this year, euro could not go below 1.18232, instead, this pair rebound from this level and is currently heading to the upper side. Although we're likely to continue long with the impulsive wave (v), we still anticipate a pos

Wave Aanalysis: During the previous trading day, we saw a possible correction of the impulsive wave (1) not going below the daily support level 1.34884, we expect this level to have marked the end of this correction that the current bullish price rally is the unfolding of the third impulsive wave (

Wave Analysis: Despite the bullish engulfing candle seen on 20th of this month, the US Dollar barely continued to the upper side and has currently pulled back to a key daily support level 111.826. As long as the price remains above this level, we expect this level to act as a support to any movemen

21
September
20
September
19
September
18
September
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