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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

2020 EURUSD GBPUSD USDJPY
05
6月

Wave Analysis During the previous trading day, the impulsive wave (5) continued to the upper side but is currently approaching a resistance around 1.13710. As long as the price is held below 1.13710, we are flat, we are waiting a breakout above this level to confirm that we are continuing upwards

Wave Analysis After a pullback towards 23.6% fib level, the British pound continued to the upper side but is currently approaching a key resistance level 1.26420. A breakout above the level 1.26420 will be a good sign that we are continuing to the upper side with the impulsive wave (v) to the uppe

Wave Analysis After breaking above the upper trend line, the impulsive wave (v) continued to the upper side and is currently around 109.160. This is not a main level and price is not approaching any key level except 110.00. If the price breaks and closes above 110.00, then we may expect further mo

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