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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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2023 EURUSD GBPUSD USDJPY
13
January

Wave Analysis EURUSD has been on an uptrend for the last few days just as we had anticipated and I expect this to continue. The market is yet to complete the impulsive V wave pattern. The market is currently at 1.08696. I expect this move to end at 1.11071 which is likely to be the end of the impu

Wave Analyisis The market is currently at Major wave V 1.22358, it has competed forming the impulsive V wave pattern. Now we expect the market to move to the downside in form of a minor corrective 3-wave pattern. The market has also formed a double top at Major wave V this is a sign that buyers ar

Wave Analyisis USDJPY is on a strong downtrend, the market has completed forming the impulsive V waves pattern and is currently correcting in the III wave pattern, the price is at minor corrective wave b,129.128, as of now. I expect the market to push to the upside to complete the minor corrective

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