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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

08 - 12 February	weekly forecast 08 - 12 February Gold, Silver, Oil Weekly Analysis Gold Weekly Review: Weekly Review: During the previous trading week, gold markets traded perfectly long and is still pretty much bullish. Since the demand for gold is stronger than the supply for gold, we will be hunting for long positions this week but with our ultimate targets at the 10 More
2016	EURUSD	GBPUSD	USDJPY
12 February	EURUSD Elliot Waves Analysis For 12 February 2016 Wave Analysis: EUR/USD is currently trading with a bearish bias. During the previous trading day, Euro traded long and even found a resistance along the upper resistive trend line. Unless the price closes above 1.1341, we will remain short but with our target at 1.1213, a close above will call fo More	GBPUSD Elliot Waves Analysis For 12 February 2016 Wave Analysis: GBP/USD is currently trading with alight bearish bias. During the previous trading day, instead of heading long as previous forecasted, pound traded short and is currently on an upward pullback. We expect the current upward movement to be the continuation of wave(5) with our target More	USD/JPY Elliot Waves Analysis For 12 February 2016 Wave Analysis: USD/JPY is currently trading with a slight bearish bias. During the previous trading day, usd/jpy traded perfectly short and ended up finding at 111.33. The pair is currently making a corrective upward movement towards 113.19, a close above 113.19 would mean we are headed further lo More
11 February	EURUSD Elliot Waves Analysis For 11 February 2016	GBPUSD Elliot Waves Analysis For 11 February 2016	USDJPY Elliot Waves Analysis For 11 February 2016
10 February	EURUSD Elliot Waves Analysis For 10 February 2016	GBPUSD Elliot Waves Analysis For 10 February 2016	USDJPY Elliot Waves Analysis For 10 February 2016
09 February	EURUSD Elliot Waves Analysis For 9 February 2016	GBPUSD Elliot Waves Analysis For 9 February 2016	USDJPY Elliot Waves Analysis For 9 February 2016
08 February	EURUSD Elliot Waves Analysis For 8 February 2016	GBPUSD Elliot Waves Analysis For 8 February 2016	USDJPY Elliot Waves Analysis For 8 February 2016

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Elliott waves analysis

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