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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
07
January

Wave Analysis: The EURUSD is currently in a range, not going above or below the trendline. Yesterday, we took a buy after the rebound from the lower trendline and is still holding. Onur expectations is that the price should continue to move to the upperside and may see the price break above the upp

Wave Analysis: During the previous trading day, the British pound moved massively to the lowerside but ended up closing as a bullish pin bar. As it is right now, I expect nothing but a possible momentum to the upperside. As it is right now, I expect nothing but a possible momentum to the upperside

Wave Analysis After a massive move to the upperside, the US Dollar is currently around the upper trendline. While the price does not clearly break and close above this level, we are waiting for a clear rebound from the upper trendline to pick a possible long term sell position towards the lower tre

06
January
05
January
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January
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