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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

2017	EURUSD	GBPUSD	USDJPY
19 5月	Euro trading around a monthly resistance 1.1248 Wave Analysis: For almost a week, this pair has been rising but is currently rallying around a key monthly resistance line 1.1248. As long as this resistance line protects any invasion to the upper side, we expect a possible rebound from this level to sell this pair at the least risk. The anticip 多	We're long Wave Analysis: The cable is currently trading with an increasing bullish bias. Following break above 1.2770, we expect further momentum to the upperside, thus, as long as the pair remains above 1.2770, we expect a possible bullish price rally towards 1.3101 or even higher. We expect the current u 多	Looking for low risk sell opportunities. Wave Analysis: During the previous trading day, rose to the upper side despite our expectation. We expect this upward to be a mere pullback and should not break above 111.94 from where we'll be looking for low risk sell opportunities. ideally, the current upward rally is a correction of the impul 多
18 5月	Expect a possible bullish price movements towards 1.12976	Wait for a break above 1.29838 to continue long with an ideal target at 1.33	US vulnerable below 111.17; bears in control
17 5月	Expect corrections any time from now	waiting for a beakout above 1.29839 to continue long	US Dollar could be retracing towards 111.90
16 5月	Bulls still in control	Expect a possible bullish momentum towards 1.33	If you're not long already, wait sell around 115.40.
15 5月	Euro still to rise:	The cable could retracement towards 1.27735	Corections

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Elliott waves for Forex correlation analysis

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