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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

11 - 15
September
weekly
forecast
11 - 15
September

Bitcoin weekly review:   Wave Analysis: For the better parts of this, Bitcoin has been in a steady up rising almost hitting the highs of $4500. This cryptocurrency recoiled back last week almost 10% the value it gained few months ago. We expect this cryptocurrency to gain value and should rise fu

2017 EURUSD GBPUSD USDJPY
15
September

Wave Analysis: Yesterday, we witnessed a possible extension of the previous corrective three wave cycle with the first impulsive wave (a) extending lower. During this intraday, we still expect a possible extension of this three wave cycle but should not go beyond 1.1688, or may break below. If you'

Wave Analysis: Perfectly as previously forecasted, the corrective wave (iv) barely broke below 1.3163, before coming to a sudden halt. We expect the massively upward rally that began the previous trading day, to be the unfolding of both the impulsive waves (v) and (E) to the upper side but have gon

Wave Analysis: As previously anticipated, a corrective wave continued higher but could not rise above the daily resistance line 110.72. We expected a possible rebound from this resistance line to short this pair with an ultimate target at 102. The anticipated bearish price rally is the continuation

14
September
13
September
12
September
11
September
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