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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
29
October

Wave Analysis Yesterday, our stop loss was taken out when the price broke above 1.1623 and is still pretty much above the next level 1.1665. As long as the price remains above the next level 1.1665, we expect nothing but a possible momentum much higher. The anticipated bullish price rally is the c

Wave Analysis During the previous trading day, instead of continuing to the lowerside as previously anticipated, the British pound continued to the upperside and is currently around the upper trendline. If the price can break and close above this trendline, then we will be looking for a possible l

Wave Analysis During the previous trading day,. nothing much happened on this pair, we're still below the upper trendline but above the 50.0% fib level. As it is right now, we are expecting sellers to dominate this market, we basically expect the price to break and close below 50.0% fib level and

28
October
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October
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October
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