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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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2022 EURUSD GBPUSD USDJPY
09
December

Wave analysis Euro continues to rally to the upperside and is showing signs of breaking above 1.06. If the price breaks and closes above this level, then we expect nothing but a possible momentum to the upperside, The anticipated bullish price rally is the continuation of the last impulsive wave (

Wave Analysis: The British pound continues to rally above 1.21557. As long as the price remains above this level, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to thee upperside and will see the pri

Wave Analysis Except for the bullish pullback seen earlier this week, nothing much has happened on the US Dollar. While the price remains below 138.229, this remains to be a good place to consider a possible long term sell position, the idea on this chart is to keep looking for low risk sell posit

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