Elliott waves for Forex correlation analysis

The trading pair in question continues to adhere to some kind of plan, drawing a wave pattern that is not yet entirely clear. Earlier, the price misled traders twice: first indicating the possibility of growth in the fifth wave of the impulse, and then, having sharply declined, signaling the comp

Bitcoin managed to find the strength for a decisive breakout and rose sharply, updating its historical high once again. However, this is unlikely to be the end of the upward movement. The current situation fits quite well into a strong bullish trend, where the formation of wave [iii], part of wave

The index is confidently implementing its own plan. The price is growing systematically, but the recent pullback may hint that confidence in further growth is not as strong. For this reason, it would be worth considering a scenario where growth will soon end and the price will move down. In this c