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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
29
July

Wave Analysis: The Euro has been rallying within the upper and the lower trendline for a while now. Previously the price price rebounded from the corrective wave cycle four, towards the upper side in continuation of the impulsive wave cycle five. Right now the price is on the upper trendline, if yo

Wave Analysis: This pair is currently trading in an uptrend, during the previous trading days, the price rebounded from the corrective wave cycle two towards the upper side at the impulsive wave cycle three. The price is currently rallying around the upper trendline, I expect it to bounce back towa

Wave Analysis: The US Dollar has been on a downtrend for a while now, the price has been trading within the upper and the lower trendline. Recently the price bounced off from the corrective wave cycle four at the upper trendline towards the lower side in continuation of the impulsive wave cycle fi

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