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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
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2月

Wave Analysis: EUR/USD is currently trading along a very significant daily resistant 1.1208. Unless the price close above 1.123, we will have remain on the sidelines. A close below 1.1164 would mean we are headed short but with our target at 1.1070. Euro should be traded alongside USD/JPY, these

Wave Analysis: GBP/USD is currently trading with a slight bullish bias. During the previous trading day, Pound traded long and even hit our daily resistant 1.4659 but could not close above it. We are waiting for minor pullbacks towards 1.4525 for us to continue long, with our ultimate target at 1

Wave Analysis: USD/JPY is currently trading with a bearish bias. During the previous trading day, usd/jpy traded perfectly short and even closed below 117.17, following this downward movement, we are very reluctant to execute buy positions, instead, we will remain short with our target at 115.9.

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