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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

2016	EURUSD	GBPUSD	USDJPY
02 12月	EUR/USD approaches 1.07227 Wave Analysis As anticipated, the Euro traded massively long after rebounding from the lower trend line but is yet to hit our target resistance level 1.07227. From yesterday's forecast, nothing has changed much, we still expect further bullish wave count towards 1.07227 and possibly higher. At the 多	Bullish momentum accelarating towards 1.2743 Wave Analysis: Yesterday, the British pound strengthened against the US Dollar as the demand for the pound increased. Despite the massive upward rally witnessed during the previous trading day, we still expect to continue long with the impulsive wave E and may breakout above 1.2743. Any clear devel 多	Downward rally limited as long as above 113.88 Wave Analysis: Following the breakout above 113.88, the pair accelerated to the upper side but has currently retraced back to it, 113.88. As long as the level 113.88 limits any invasion to the lower side, we expect a possible rebound from this level to go long with an ideal target at 121.44. Any cl 多
01 12月	Looking to re-buy euro towards 1.07227	The Cable's Strengh persists.	US Dollar overbought
30 11月	Euro Keeps Strengthening	Nothing has changed much, we'e still long	US Dollar loosing momentum
29 11月	Euro fail to sustain the break above 1.06087	Bearish engulfing candle	The US Dollar finds support just before 110.91
28 11月	Euro in a corrective mode	Bulls Preparing to take control	Key support at 110.91

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Elliott waves for Forex correlation analysis

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