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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
03 3月	Euro pulling back but still bearish Wave Analysis: As expected, euro traded massively short and is still petty much bearish both on the shorter and longer time frames. As long as the pair remains below 1.0587, we expect further bearish momentum towards 1.0410 and could break lower to 1.0175. The anticipated bearish price movements is 多	The cable consolidating Wave Analysis: Yesterday, the cable dropped almost 32pips below its opening price but is currently consolidating around a key daily support 1.2257. Although we expect further momentum to the lower side, we're waiting for a clear break below 1.2257 to continue short with the impulsive wave (c) but s 多	US Dollar retracing but should not go below 113.87 Wave Analysis: Yesterday, The US Dollar rose almost 70pips above it's opening price but is currently rallying to the lower side. We expect the downward rally that began earlier today to be an onset of a bearish pullback and should not go beyond 113.86 from where we'll be looking for low risk buy op 多
02 3月	Bearish momentum developing	We're still short	Bulls gaining momentum
01 3月	We're short	Expect a possible bearish price movements towards 1.2252	Remain long
28 2月	Euro above 1.0576	Waiting for a clear break above 1.244 to go long	Remain flat momentarily
27 2月	Euro still bearish	The cable retraced lower!	Still short but not for long.

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Elliott waves for Forex correlation analysis

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