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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
16 9月	Expect a possible bearish price rally Wave Analysis As expected, the pair rebounded from the resistance level 1.1253, headed short and is still pretty much bearish on the daily chart. During this intraday, we expect an impulsive rally to the lower side but should not go beyond 1.1152. A clear breakout below this target may push the pri 多	We are long Wave Analysis Yesterday, the corrective wave (b) rebounded perfectly along the supportive trend line as previously forecasted. We expect the current upward rally to be the unfolding of the impulsive wave (c) but should not go beyond the resistance level 1.4111. A clear breakout above this target ma 多	Expect a possible rebound from 101.92 Wave Analysis On 30th August 2016, the level 101.92 acted as a key demand level thereby driving price almost 200 pips to the upper side. On 7th September 2016, the pair broke below the same level but ended up above it by 8th September 2016. Currently, the pair is finding it hard closing below the s 多
15 9月	Expect a possible rebound from 1.1253	Remain long	Wait for a clear breakout below 101.92
14 9月	A break Below the Wedge	Expect possible rebound to go long	Increasing Upward momentum
13 9月	Expect Euro to trade on the lower ranges	Remain Long	Possible bearish price rally
12 9月	Possible head and shoulder formation	Waiting for low risk buy opportunity	Expect a possible bullish price rally

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Elliott waves for Forex correlation analysis

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