Elliott waves for Forex correlation analysis

The week began rather uneventfully for this currency pair. The price has yet to decide on the direction of its next move, maintaining a sense of intrigue. It appears that an attempt to rise is likely, which could push the price toward the upper boundary of the pattern. This would complete wave c o

It looks like we’ll have to wait a bit longer for a new all-time high. The price is coming under gradually increasing pressure, which is becoming harder for buyers to withstand. Eventually, this will likely result in a sharp drop. This downward move could be a correction. A strong bullish impulse

The confident rally of the NASDAQ index continues. The price action remains calm and steady, with no sharp swings in either direction. This kind of movement is expected to persist over the next trading day as well. Everything seems to be working out quite favorably for the bulls. However, it's wor