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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
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February

Wave Analysis So far, nothing much happening on this pair, we took a buy from the weekly support level 1.1254 and is still holding, our expectations is that this pair should continue further even higher. The anticipated bullish price rally is the continuation of the last impulsive wave(c) to the u

Wave Analysis Nothing much has channel on this pair since the previous day's forecast. Currently, the cable is establishing a support around 1.30250, and while the price is above this level, we expect a possible move to the upper side. The anticipated bullish price rally is the continuation of the

Wave Analysis The US Dollar is still within the rising channel formation. As long as this pair remains within this channel we expect a possible momentum to the upper side. But should the current week's candle close below the close of the previous week's closing price price, then this will be an id

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