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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
07
October

Wave Analysis After almost 23% fib retracement, Euro has now embarked on a bearish rally. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and may see the price rally to

Wave Analysis Yesterday, The British pound rallied to the upperside and is now above the zone 1.14640-1.14266. As long as the price remains above this zone, I am looking for nothing but a possible momentum to the upperside. The anticipated bullish price rally is an extension of the last impulsive

Wave Analysis The US Dollar continues to rally in an upward manner, on this chart, I am looking for a possible long term buy positions. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside will see the price continue much higher towards 149.90 and

06
October
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October
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October
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October
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