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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

2018	EURUSD	GBPUSD	USDJPY
06 7月	We're long towards 1.24350. Wave Analysis After bouncing from the weekly supportive zone 1.14595-1.16067, Euro has been in a constant up trend and is still pretty much bullish both on the daily and the weekly charts, as we mentioned previously, while the price is contained above this zone, we expect a possible momentum to the 多	Expect a drop Wave Analysis Today is the last trading day of the week and despite the previous two weekly pin bars, the cable is yet to make any clear moves to the upper side, the price is still below 1.32965. As long as this level protects the upper-side, we expect a momentum to the lower side. The anticipated 多	Buy the Us Dollar above 111.02 Wave Analysis Despite the previous weekly Bullish engulfing candle, the US Dollar is still below the short term resistance level 111.02. We're waiting for a clear breakout above this short term level to pick an upward position. The anticipated bullish price rally is the continuation of the impulsiv 多
05 7月	We're still within our buyers territory	Expect a rise towards 1.32955.	Only buy upon a break above 111.080.
04 7月	Still buying euro	Still within the sellers teritory	Buy US Dollar above 111.080.
03 7月	We're waiting for buy positions	We're short as long as the price is below 1.32965	Consider a long term long position on a breakout above 111.080.
02 7月	Look for long positions towards 1.25090.	Wait	Buy the Us dollar above 111.040

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Elliott waves for Forex correlation analysis

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