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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
12
August

Wave Analysis: During the previous trading day, Euro continued to rally to the upperside and is still showing signs of continuing much higher. On this chart, buying,or holding onto a buy positions looks ideal and can safely be recommended. As it is now, on the monthly chart, we are looking for a co

Wave Analysis: On the monthly chart attached, the British pound is currently rallying to the upperside after a bounce from the monthly supportive zone shown above. We expect this bullish move to be an extension of a correction to the upperside and may see the price break above 1.27725 and may likey

Wave Analysis: During the previous trading day, nothing much happened on the US Dollar, we are still waiting for price to give us a good bullish continuation signs so we can pick low risk buy positions with an ultimate target set at 140 and may likley continue much higher. On the otherside, should

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