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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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07 - 11
September
weekly
forecast
07 - 11
September

Gold Weekly Review:   During the previous week, Gold traded with a bearish Bias for the better parts of last week, the pair however could not close below the 1109.62 key level but is currently trading just above it. As long as the pair trades above this level, short positions are rec

2015 EURUSD GBPUSD USDJPY
11
September

Technical View: EUR/USD is currently trading with a slight Bullish bias. The pair successfully closed above the 50.0% fib level and is trading above it. It is anticipated that, as long as the pair trades above this fib level, long positions are recommended but only up to the 38.2 % fib level.

Technical View: GBP/USD currently trading with Bullish Bias. The pair successfully closed above the 38.2% fib level, but is current trading below the 50.0% fib level. As long as pair trades below the 50.0% fib level, long positions are ideal. Any movements above this fib level will signal furt

Technical View: USD/JPY is currently trading with a slight Bullish Bias. The pair traded on the higher ranges during the previous business day, but failed to close above the key level 121.64, the pair is however currently trading above the 50.0% fib level. It is anticipated that, as long as th

10
September
09
September
08
September
07
September
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