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William Gann was born in 1878. Trying hand at stock exchange where he used his own funds, he released that a special expertise is required to trade. He researched the market and could calculate a precise time of reversals even for the year before.

Elliott waves for Forex correlation analysis

2024 EURUSD GBPUSD USDJPY
26
7月

During the past trading day, the price made active attempts to rise, but all of them ended in failure. As a result, no directional movement was seen, and the price remained practically at the same level as the previous day. This price movement pattern resembles a correction. It is quite possible t

The value of the British currency continued to decline. The retracement is getting deeper, and sellers might not be done yet. During today's trading session, the price may continue to fall, but the potential for this movement seems limited, so it is not advisable to focus on making selling trades.

The dollar has managed to cool down the momentum of the Japanese yen and halt the strong downward movement. However, this is likely temporary. The decline is presumed to be impulsive, with the formation of wave 3 currently complete. Thus, the halt and the observed bounce are corrective in nature a

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