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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
12 5月	Consolidating above 1.08649 but still bullish Wave Analysis Euro continues to consolidate above 1.08649 despite our expectations to continue long. Although we cannot refute the possibility of Euro breaking below 1.08649, as long as the pair remains above 1.08649, we expect a possible bullish price movements towards 1.10532 or even higher. The 多	The cable showing signs of further retracements Wave Analysis: Despite our previous forecast that the cable should rise, this pair continues to rally on the lower side and will likely head further to the lower side. We expect a possible second retracement towards 1.27735 from where we'll be looking for very low risk buy opportunities. The antici 多	Still long towards 115.040 Wave Analysis: Yesterday, US Dollar retraced lower than expected but should not close below 113.783 by the end of this trading day. Ideally, we expect a continuation of the impulsive wave (5) but should not go beyond the resistance level 115.040 from where we'll be looking for a possible low risk s 多
11 5月	Expect a possible bullish price rally towards 1.11379.	Expect a possible bullish price movements towards 1.30754	Bullish pin on the daily chart
10 5月	Bulls preparing to take control	Expect further retracements towards 1.27735	Expect a possible bullish acceleration towards 115.05
09 5月	Euro Retracing	Still long	Bullish pin on the daily chart
08 5月	To continue long	We're long	Flat momentarily

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Elliott waves for Forex correlation analysis

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