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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
04
March

Wave Analysis: Previously the Euro rallied to the lower side for quite sometime before reaching the lower trendline.Right now the price is on the lower trendline at the ipulsive wave cycle five,we expect the price to break below the lower trendline clearly then continue further downwards.Should the

Wave Analysis: The Great British Pound has been trading between the upper and the lower trendline,during the previous trading hours the price bounced off from the upper trendline and the current anticipated bearish rally is expected to go upto the lower trendline around 1.3255 or even much lower i

Wave Analysis: Previously this pair was on a downtrend, the current upward momentum is a correction of the previous impulsive wave count five.During the previous trading hours,the price tried breaking above the resistance zone (115.76-115.71) but it ended up closing below it.We expect a futher bea

03
March
02
March
01
March
28
February
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