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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
12
July

Wave Analysis During the previous trading day, Euro rose significantly and is still pretty much bullish both on the daily and the weekly charts. As long as the price remains above 1.1245, we expect a steep momentum even further to the upperside. The anticipated bullish price rally is the continuat

Wave Analysis The cable is currently trading above 1.24925, as long as the price remains above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count but should not go beyond 1.27585. And on the fli

Wave Analysis the US Dollar is currently trading above a key resistance level 107.90. We're still upwards with the position we took during the previous trading day, and while the price is above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price ra

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