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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
25
March

Wave Analysis: During the previous trading days, the Euro rallied from the lower trendline at the impulsive wave cycle five towards the upper side, the price rallied along the upper trendline before breaking above it. As of now the price is above the upper trendline, if you are looking at this pai

Wave Analysis; The Great British Pound is trading on an expanding wedge formation on an uptrend, the price is on the lower trendline in a corrective wave cycle four, we expect a further bullish momentum towards 1.3335 in continuation of the impulsive wave cycle five. On the flipside, should the pr

Wave Analysis; This pair is currently trading on an uptrend,the price bounced off from the upper trendline to the lower side in continuation of the corrective wave cycle four,the price is currently at the lower trendline we expect a rebound to the upper side towards 122.75 or much higher. If you a

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