en_tn_condensed/luk/01/47.md

my spirit has rejoiced

Both "soul" and "spirit" refer to the spiritual part of a person. Mary is saying that her worship comes from deep inside her. Alternate translation: "my heart has rejoiced" or "I rejoice" (See: rc://en/ta/man/translate/figs-synecdoche)

has rejoiced in

"has felt very joyful about" or "was very happy about"

God my Savior

"God, the One who saves me" or "God, who saves me"