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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.

Elliott waves for Forex correlation analysis

2016 EURUSD GBPUSD USDJPY
13
5月

Wave Analysis: EUR/USD is currently trading with a slight bullish bias.Yesterday, the pair traded short for the better parts of the day and even ended up closing within the descending channel. Although we expect further momentum to the lower side, we will only sell upon a clear breakout below the s

Wave Analysis: GBP/USD is currently trading with a slight bullish bias. Yesterday, the pair broke above the channel but ended up within the same channel. As long as the pair trades within this channel, expect a rally to the lower side, a clear breakout above 1.4480 will lead to an acceleration to t

Wave Analysis: USD/JPY is currently trading with a bearish bias. From the hourly chart, double top pattern is in a process of continuation with the resistance level 109.34 being the top . We expect a downward rally towards 108.35, then an upward retracement towards 108.56 to give us a low risk sell

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