Elliott waves for Forex correlation analysis

After the rough halt of the uptrend, the price began to slide down and it seemed that at least the entire situation would go according to the development of some kind of corrective wave structure. However, buyers managed to easily recover from such a blow, quickly returning the cost of the euro to

The situation on the considered pair also did not develop according to the previously considered plan. Instead of further decline within the correction, the price rushed up and managed to update the maximum of the current year. Buyers clearly do not intend to stop here. Most likely, during the cur

Looking encouraging growth of the considered pair, abruptly broke off and the price moved down. This is likely due to the formation of an internal corrective structure in the current uptrend wave. For this to be the case, buyers must not allow further declines, otherwise the initiative will comple