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HomeContributorsTechnical AnalysisEURUSD and SOYBEANS Connection! Both Looking Higher (Elliott Wave)

EURUSD and SOYBEANS Connection! Both Looking Higher (Elliott Wave)

Elliott Wave Financial Service
By Elliott Wave Financial Service

Do you remember positive correlation between EURUSD and Soybeans? While EURUSD is looking higher, even Soybeans might be turning bullish after that completed weekly ending diagonal + a five-wave bullish reversal on a daily, and 1h chart.

That said, watch out for a rise on Soybeans that can be followed by EURUSD. SOYBEANS vs. EURUSD Weekly+Daily+1h

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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