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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
02
10月

Technical View: EUR/USD is currently trading with a bearish bias. The anticipated downward movement of wave (c) not yet compete. We expect wave (c) to close along the support trend line or even below it. Generally, EUR is expected to trade on the lower ranges. EUR/USD is strongly positively corre

Technical View: GBP/USD is currently trading with a bearish bias. The pair crossed and closed below a key pivot level 1.5328 and is currently trading below it as we forecasted previously. We anticipate that, as long as the pair trades below this pivot level, GBP will likley trade on the lower

Technical View: USD/JPY is currently trading with a bearish bias. The pair continues to trade within the range 121.61, and 118.44, even after, GBP, a negatively correlated pair crossed below a key pivot area. As long as the pair trades within this range, short positions are encouraged along 121.

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