Elliott waves for Forex correlation analysis

After failing to return within the bounds of the anticipated initial diagonal triangle, the euro has begun showing signs of an upturn. This suggests that the third wave of the emerging bullish impulse is starting to form. If this trend continues, we can expect a significant price appreciation. The

The GBP/USD pair is behaving in line with expectations, showing little change in the last trading session. The correction wave 2 appears to be almost complete, if not entirely, hinting at an imminent shift toward a bullish third wave. The market seems to be holding back, waiting for the completion

Despite a brief rise, the USD/JPY pair remains poised for a bearish movement. Having reached half of the preceding impulse decline, the market has begun a correction, which is likely to culminate in a resumption of the downward trend. This correction phase is likely near completion, suggesting an