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Elliott waves for Forex correlation analysis

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.

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Elliott waves for Forex correlation analysis

2020	EURUSD	GBPUSD	USDJPY
07 2月	Remain short with an ultimate target around 1.0864. Wave Analysis During the previous trading day. the impulsive wave (5) continued to the lower side and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below 1.09850 and also be the columns below 0.0, we expect nothing but a possible momentum to 多	Wait for a low risk buy position towards 1.33342. Wave Analysis During the previous trading day, the cable bounced off from the supportive line 1.28890 and could not break any low, we expect this bounce to have marked an end to the corrective wave (4) that the current bullish price rally is the continuation of the impulsive wave (5) to the upper 多	Remain long towards 114.20. Wave Analysis The US Dollar continued to the upper side and is still very much bullish both on the daily and on the weekly charts. As long as the columns of MACD remains above 0.0, I expect further momentum to the upper side and should break above 110.305 towards 112.512. The idea is not to look f 多
06 2月	Remain short towards 1.0874.	Buy the cable now with your take profit at 1.33342.	Remain long with your take profit at 110.090.
05 2月	Remain short with an ultimate target around 1.09895.	Remain long with an ultimate target around 1.33342.	Look for long term buy orders towards 110.090.
04 2月	Remain short with an ultimate target around 1.07565.	We're long towards 1.32794.	Remain with long term buy towards 109.818.
03 2月	Waiting for a possible long term sell order towards 1.0755.	Remain long with an ultimate target around 1.32798.	Remain short with an ultimate target around 100.00.

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Elliott waves for Forex correlation analysis

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