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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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2021 EURUSD GBPUSD USDJPY
08
October

Wave Analysis Just as previously anticipated, Euro rallied to the lower side and is still showing signs of continuing even lower. If you are looking at this chart right now, I recommend you keep looking for low risk sell positions expecting the price to break below 1.14113 and may continue much lo

Wave Analysis During the previous day, the British pound pulled back to the upperside and ended up touching the previous day's highest high. However, the price ended up closing below it. As it is right now, we are looking forward to a possible rally to the lowerside and should break below 1.34460

Wave Analysis During the previous trading day, we saw a surge to the upperside, the US Dollar is still several points below the upper trendline. As it is right now, we are looking forwards to the continuation of the last impulsive wave (v) to the upperside and should breakout above the upper trend

07
October
06
October
05
October
04
October
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