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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
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March

Wave Analysis: Previously this pair rallied to the lower side,currently the price is on the lower trendline,we expect a bullish momentum to the upper side towards 1.1395 in continuation of the corrective wave cycle four.Alternatively should the price break clearly below the lower trendline, then th

Wave Analysis: This pair has been trading within the upper and the lower trendline fo a while now,currently the price is on the lower trendline in an impulsive wave cycle three.We expect a rebound to the upper side towards 1.3580 in continuation of the corrective wave cycle four.However, should th

Wave Analysis: The US Dollar previously rallied along the lower trendline for quite sometime.Recently the price bounced off and is currently headed to the upper trendline towards 117.40 or even much.The anticipated bullish momentum is a continuation of the impulsuve wave cycle five.If you are looki

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