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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
28
January

Wave Analysis: During the last few trading days the price rallied on the upper drendline for quite sometime,but it eventually bounced off to the lower trendline.Currently the price is headed upwards in continuation of the corrective wave cycle four.From the upper trendline I expect it to continue

Wave Analysis: Previously this pair bounced off from the upper trendline the price is massively progressing downwards, we expect the price to go up to 1.3050 or even break below further downwards in continuation of the impulsive wave cycle five. If you are looking at this pair we are short with the

Wave Analysis: This pair has been trading within the upper and the lower trendline for a while now, the price is currently headed to the upper trendline, as of now we are buyers with our first ideal target at 116.90,should the price break and close above this level then we expect further momentum t

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January
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