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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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2019 EURUSD GBPUSD USDJPY
08
November

Wave Analysis Euro rallied intensely to the lowerside and even went below the supportive trendline. As long as the price is contained below the supportive trendline, we expect a possible continuation of the impulsive wave (c) to the lower side and should break below 1.1010 towards 1.0890. This vie

Wave Analysis Instead of bouncing off of the supportive trendline as previously forecasted, the cable rallied to the lowerside and even went below the supportive trendline. As long as the price is contained below this trendline, we expect noting but a possible momentum to the lowerside, the antici

Wave Analysis During the previous trading day, the Us dollar rallied to the upperside and even went above the upper trendline, As long as the price remains above this trendline, we expect nothing but a possible momentum to the uppe rside, the anticipated bullish price rally is the continuation of

07
November
06
November
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November
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November
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