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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

2015 EURUSD GBPUSD USDJPY
11
12月

Wave analysis: EUR/USD is currently trading with a bearish bias. Euro failed to hit our target 1.107 and instead headed short from 1.104 and is currently trading just below a daily support level 1.093. Wave (c) ended at 1.104, therefore as long as the pair trades below 1.093, we will hold on to s

Wave Analysis: GBP/USD is currently trading with a bearish bias. The pair successfully closed below the red trend line forming the bottom of the falling wedge and is now trading below it. We still anticipate further downward movement for wave (5) to close along the green trendline at 1.4869. This

Wave Analysis: USDJPY is currently trading with a slight Bullish. The pair corrected itself upwards but is yet to hit our now key resistant level 122.24. We are waiting for a close above this trend line to mark the continuation of the upward movement, or a bounce from this level to mark a reversal

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