Elliott waves for Forex correlation analysis

Wave Analysis: During the previous trading day, euro rebounded perfectly from the lower supportive zone 1.2184-1.2240 and is still pretty much below this zone. We expect this zone to have marked the end of the corrective wave (4) that the current upward movements is the unfolding of the impulsive w

Wave Analysis: Despite the previous forecast that the cable could continue to decline towards the daily support seen at 1.3612, this pair pulled back slightly to the upper side but still within our sellers territory. As long as the price remains below 1.3980, we expect a possible bearish price rall

Wave Analysis: The impulsive wave (5) continues to extend to the lower side, perfectly in line with the previous day's forecast. Today, and the next few days, we expect a possible extension of this bearish wave to the lower side and may break below our first target set at 105.05 towards 100.00. Acc