Elliott waves for Forex correlation analysis

The price began to be thrown around and tossed from side to side. At the same time, everything seems to be within the framework of the assumed scenario. The sudden decline after a slight update of the local maximum is likely due to the development of the corrective wave 4 in the forming final diag

The situation on the considered pair is also developing within the expected framework. The price, which is in an uptrend, did not encounter another attempt by sellers to exert pressure on it. And this attempt is proving successful so far, the price has moved down. However, this decline is seen as

As expected, the stop in the uptrend was of a corrective nature. Currently, there is an observation of the price actively growing again, having already managed to update the local maximum. During the day, the US dollar relative to the yen is likely to rise even higher, and this movement will be im