Elliott waves for Forex correlation analysis

Wave Analysis: EUR/USD is currently trading with a bullish bias. Following the break above the pivot level 1.1178, Euro appears to have developed a bullish trend. We anticipate a breakout above 1.1380 for us to continue long with our ideal target at 1.1492. Alternatively, we wait for minor pullbac

Wave Analysis: We expect GBP/USD to trade with a bullish bias. Following yesterday's break above 1.4406, the pair is clearly in a trend continuation pattern and will likely continue long with our next ideal target at 1.46609. In the meantime, we wait for minor corrective rally towards 1.4406 to go

Wave Analysis: USDJPY is expected to traded in the higher ranges as long as it trades above 111.05. The pair broke below a key pivot level 112.4 which should now act as a resistant. Thus, as long as the level 111.05 protects the lower side, we will be looking for long positions with our target at