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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

14 - 18
September
weekly
forecast
14 - 18
September

Gold weekly Analysis Technical View Since march 2013, gold has continually made lower highs finding  resistance at the resistance trend line. Gold failed to break past the resistance trend line after the wave (c) bounced from the support trend line, instead gold moved only up to 1160.22 b

2015 EURUSD GBPUSD USDJPY
18
September

Technical View: EUR/USD is currently trading with a Bullish bias. It is anticipated that as long as the pair trades below the upper resistance trend line, long positions are anticipated, it is expected that wave (c) will rally upwards up to the resistance trend line or even higher. If the latter i

Technical View: GBP/USD is currently trading with a bullish bias. as long as the pair trades below the upper trend line, long positions are ideal, but only up to the trend line. Any movements above it will signal further movements to the upper side. Basically, wave (c) is expected to rally up

Technical View: USD/JPY is currently trading with a bearish Bias.we expected a clear breakout below the support trend line before short positions can be recommended. Otherwise, long positions should be ideal for the better parts of this intraday trades. Basically, we expected wave (c) to upward

17
September
16
September
15
September
14
September
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