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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
September

Wave Analysis: Just as in the British pound, EURO is still in an active downtrend. The idea here is to keep looking for long term sell positions expecting the price to continue much lower towards 0.97 and will likely head much lower. On this chart, I expect nothing but a possible momentum to the lo

Wave Analysis: Euro continues to rally to the lowerside and is still showing signs of continuing much lower. On this chart, I expect nothing but a possible momentum to the lowerside. yesterday, the price pulled back upwards but could not hit the 50.0% fib level, we are still waiting for a pullback

Wave Analysis: During the previous trading day, the US dollar continued on its way to the upperside and still showing signs of continuing much higher. If you are on this chart as we are speaking right now, you need to keep looking for low risk buy positions expecting a possible acceleration towards

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