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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
14
February

Wave Analysis Just as previously forecasted, Euro continued to the lower side and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains below the level 1.08980, we expect nothing but a possible momentum to the lower side, the anticipated bearish pric

Wave Analysis Perfectly as previously forecasted, the cable bounced off from 1.28830 and is currently heading to the upper side, as long as the price remains above this level, we expect this bounce to have marked and end to the corrective wave (4) that the current bullish price rally is the contin

Wave Analysis Nothing much appears to be happening on this pair, the US Dollar continues to consolidate despite the previous forecast that this pair could continue to the upper side, nothing much appears tp be happening, As it is on this chart now, we are waiting for a either a bounce from 110.230

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