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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
11
February

Wave Analysis: This pair is in a corrective wave count, the price is currently on the upper trendline,just below a key resistance level 1.1469.As long as the price remains below the resistance level we expect a rebound towards 1.0720 or even much lower.On the flip side should the price break above

Wave Analysis: Previously the Great British Pound bounced off from the upper trendline,recently the price has been trying to go back to the upper side this rally is just a correction ,as it is we expect momentum to the lower side towards 1.2980 in continuation of the impulsive wave cycle five.If yo

Wave Analysis: The US Dollar is on an uptrend,from where the price is at currently, we expect a further bullish momentum towards 117.60 or even much higher,if you are in this pair right now, look for short term buys from 116.14 towards the upper trendlline, the buyer have an upper hand as of now h

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