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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 9月	EURUSD Still to trade on the lower ranges Wave Analysis: Yesterday, the corrective wave 4 went a bit far than expected but could not close above 1.12055. We expect the current downward rally to be the unfolding of the impulsive wave 5 but should not go beyond 1.1079. Since this pair is positively correlated to EUR/HKD and NZD/USD, we exp 多	Expect corrections to the upperside. Wave Analysis: Yesterday, instead of going short as previously forecasted, the impulsive wave E ended a bit earlier than expected and could not even hit our target. Following the breakout above the upper resistive trend line, we expect an acceleration to the upper side but should not go beyond 1. 多	Buy USD/JPY alongside NZD/JPY Wave Analysis As previously forecasted the impulsive wave 3 extended to the upper side but could not go beyond 103.85. Following its correction towards 103.14. We expect to buy the impulsive wave 5 towards 104.36 or even higher. This upward rally is highly anticipated since the other positively c 多
01 9月	EURUSD Still to trade on the lower ranges	Expect corrections to the upperside.	Buy USD/JPY alongside NZD/JPY and CAD/JPY
31 8月	EURUSD Still to trade on the lower ranges	Expect The Cable to trade on the lower ranges.	Buy above 103.27
30 8月	EURUSD to trade on the lower ranges	Expect The Cable to trade on the lower ranges.	USDJPY still to gain more grounds
29 8月	EURUSD still losing grounds	Expect The Cable to trade on the lower ranges.	USDJPY still to gain more grounds

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Elliott waves for Forex correlation analysis

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