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Elliott waves analysis

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.

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Elliott waves analysis

21 - 25 March	weekly forecast 21 - 25 March Gold, Silver, Oil Weekly Analysis Gold weekly Review: Weekly Review: During the previous trading week ending 18th March 2016, Gold markets broke above the upper resistive trend line but ended up closing below it, thereby giving us a possible reversal candle. The commodity had sharp upswings and sharp downswings thereby ending More
2016	EURUSD	GBPUSD	USDJPY
25 March	EURUSD Elliot Waves Analysis For 25 March 2016 Wave Analysis: EUR/USD is currently trading with a bearish bias. For the past four business days, Euro has traded perfectly short and is still pretty much bearish. Following the breakout below 1.1193, we will hold on to our short positions but with our ideal target at 1.4056. However, should the More	GBPUSD Elliot Waves Analysis For 25 March 2016 Wave Analysis: GBP/USD is currently trading trading with a bullish bias. During the previous trading day, pound rebounded from 1.4060, headed long but could not close clearly above 1.4177. We are waiting for a clear close above this level to go long with our target at 1.4289. A clear breakout below More	USDJPY Elliot Waves Analysis For 25 March 2016 Wave Analysis: USDJPY is currently trading with a bullish bias. During the previous traded long and even broke above the top of the triangle, 112.37. As long as the pair trades above this level, look for long positions with your target at 116.31. In an alternative case scenario, should the price More
24 March	EURUSD Elliot Waves Analysis For 24 March 2016	GBPUSD Elliot Waves Analysis For 24 March 2016	USDJPY Elliot Waves Analysis For 24 March 2016
23 March	EURUSD Elliot Waves Analysis For 23 March 2016	GBPUSD Elliot Waves Analysis For 23 March 2016	USDJPY Elliot Waves Analysis For 23 March 2016
22 March	EURUSD Elliot Waves Analysis For 22 March 2016	GBPUSD Elliot Waves Analysis For 22 March 2016	USDJPY Elliot Waves Analysis For 22 March 2016
21 March	EURUSD Elliot Waves Analysis For 21 March 2016	GBPUSD Elliot Waves Analysis For 21 March 2016	USDJPY Elliot Waves Analysis For 21 March 2016

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Elliott waves analysis

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