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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 EURUSD GBPUSD USDJPY
25
September

Wave Analysis Yesterday, nothing much happened on this pair, we expected a possible rally towards 1.17115, however, the price could not breakout any higher. As it is now, we are waiting for a clear breakout below the previous day's highest high to pick a low risk buy position or a breakout below th

Wave Anlysis Yesterday, USDJPY rallied to the upperside but could not breakout above 105.505-105.387. As long as the price remains below this zone we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of a bearish price rally and could

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