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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
22
March

Wave Analysis Euro has pulled back perfectly as previoulsy forecasted and is now above 1.12471. This is a key level and as long as the price remains above it, we expect a possible momentum to the upperside. The current bounce from 1.12471 is a possible end to the corrective wave (b), that the unfol

Wave Analysis The cable is still struggling below 1.33015. The line 1.33015 is a major weekly resistance line and while the price is above it, we expect a possible move to the lower side. And on the flip side, should price go above 1.33015, then we'll wait for a retracement back to the same place t

Wave Analysis The US dollar is currently pulling back to the upperside. We're waiting for a clear close above 110.416 to pick a possible long term buy towards 114.135. And should price breakout higher, then we'll continue upwards with the last impulsive wave (v) towards 117.35. The anticipated bull

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