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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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2020 - 2021 EURUSD GBPUSD USDJPY
31
December

Wave Analysis Euro continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains above the blue line, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation o

Wave Analysis The British pound is currently in an active up trendline. We're expecting a possible continuation to the upper side and should breakout above 1.36490 towards 1.378 or even higher. A rebound from the upper trend line will attract a possible sell position towards the lower trendline. If

Wave Analysis The Us Dollar continues to rally to the lower side perfectly as previously forecasted, on this chart, as long as we continue to see sustenance below 103.910 and below the upper blue line, we are looking for long term sell position towards 102.710. The anticipated bearish price rally i

30
December
29
December
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December
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