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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.

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02 - 06
November
weekly
forecast
02 - 06
November

Gold Weekly Review: Weekly Review: For the past Three weekly starting 15th October 2015, Gold has continued trading short with barely any support. On 28th October, the Gold markets formed a perfect downward signal pushing the market further down to 1137.81. Following this massive downw

2015 EURUSD GBPUSD USDJPY
06
November

Technical View: EUR/USD is currently trading with a slight Bullish bias. The pair is currently on a corrective upward move. We are waiting to sell from 1.09053 but with our stop loss at 1.09350. This impending downward movement is highly anticipated since other positively correlated pairs such as

Technical View: GBPUSD is currently trading with a very slight bullish bias. The pair traded short for the better parts of yesterday's Intraday as previously forecasted. It even ended up closing below a very significant key support level 1.5238. We are waiting for a minor corrective move upwards pr

Technical View: USD/JPY is currently trading with a slight bearish bias. The pair traded long as previously forecasted but could not closer above 122.047. The pair is currently on a downward corrective move towards 121.44. We are looking to buy this pair from 121.45, but with our stop loss at 121

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November
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November
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November
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November
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