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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
15
November

Wave Analysis During the previous trading day, euro bounced off from the level 1.099 and is currently heading to the upperside, we expect the bounce from this level to mark an end to both the impulsive waves (5) and (c), that the current bullish price rally is the continuation of a corrective three

Wave Analysis Last week, the cable bounced off from the supportive trendline and is currently heading to the upperside, we expect this bounce to have marked an end to the corrective three wave cycle, that the current bullish price rally is the unfolding of an impulsive wave count and should break a

Wave Analysis During the previous trading day, the Us Dollar continued to the lowerside but could not sustain the break below then supportive trendline. We expect the bounce from this trend to have marked an end to the corrective three wave cycle, that the current bullish price rally is the continu

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November
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November
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November
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November
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