Elliott waves for Forex correlation analysis

The assumption that the price would accelerate in a downward movement has begun to materialize. The cost of the euro, which had been declining in a cascade until this time, dropped sharply. This movement is probably due to the development of wave 3 of the forming downward impulse. The signal for t

After updating the historical high, buyers calmed down a bit. Their opponents immediately took advantage of this, starting active pressure on the price. As a result, the rate began to drop sharply, but this is a temporary phenomenon. Apparently, this decline is of a corrective nature. This means t

The index value continues its sleepy fluctuation near the previously established historical high. Decisive acceleration in either direction is still not observed, and this trend may persist for some time. This price movement is still considered as the final wave 5 in the forming upward impulse. Th