EUR/USD Archives - Elliott Wave Forecast

EURUSD Bullish Turn: Analyzing the Blue Box Area Reaction

August 11, 2025 By Hassan Sheikh

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of EURUSD. In which, the rally from Sep 2022 low is unfolding as impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in EURUSD should remain supported & extend higher. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

EURUSD 4-Hour Elliott Wave Chart From 7.30.2025

Here’s the 4-hour Elliott wave Chart from the 7.30.2025 update. In which, the rally to $1.1830 high completed wave ((3)) & made a pullback in wave ((4)). The internals of that pullback unfolded as Elliott wave zigzag correction where wave (A) ended at $1.1554 low. Then a rally to $1.1788 high-ended wave (B) bounce. Then started the next leg lower in wave (C) towards $1.1512- $1.1340 blue box area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.

EURUSD Latest 4-Hour Elliott Wave Chart From 8.09.2025

This is the latest 4-hour Elliott wave Chart from the 8.09.2025 Weekend update. In which the pair is showing a strong reaction higher taking place, right after ending the correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. However, a break above $1.1830 high is needed to confirm the next extension higher & avoid double correction lower.

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Will EURUSD Rally Higher?

March 28, 2021 By EWF Aidan

In the chart below there are clear visible bullish market patterns that can signal for another possible move higher for the EURUSD pair. The pair still needs to do a push lower where bulls could be waiting to push the pair higher. Dark blue bullish market pattern triggers BUYS at the XA 0.886% Fib. retracement level. The XA 0.886% buy level is also in a fresh untouched Demand Zone (light blue box) where buy orders can be situated. Traders should also watch for price to respect both the Dynamic Support Moving Average (green) and Ascending Trend Line support (black). If price respects both the moving average and trend line on the push lower it will confirm a bullish confluence zone with a reaction higher. Elliott Wave preferred bullish count is also calling for a wave ((4)) termination which will be followed by a wave ((5)) move higher. Added signal to watch for is if a bullish divergence pattern (purple) forms on the next move lower to the XA 0.886% level. This bullish divergence pattern will add more buyers to get in the market and could see EURUSD rally higher above the January 6 2021 high. Only a move below 1.1480 will invalidate the blue bullish pattern. Traders should be patient and wait for price to enter the Demand Zone to then start looking for possible buying opportunities.

EURUSD Daily Chart March 28 2021

Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX

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Elliott Wave View: EURUSD Correction Maybe Completed

March 12, 2021 By EWFHendra

Short term Elliott Wave View suggests that EURUSD ended wave ((4)) pullback at 1.1834. Internal of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 1.1951, wave (B) ended at 1.2243, and wave (C) ended at 1.1834. Wave ((5)) higher is now in progress as an impulse structure but pair still needs to break above wave ((3)) on January 6 at 1.2349 to avoid a deeper pullback.

Up from wave ((4)) low, short term rally looks impulsive where wave ((i)) ended at 1.1915, and wave ((ii)) pullback ended at 1.1867. Pair then resumed higher in wave ((iii)) towards 1.199, and wave ((iv)) pullback is now in progress before pair turns higher again in wave ((v)) to complete wave 1 in larger degree. Afterwards, pair should pullback in wave 2 to correct cycle from March 9 low before the rally resumes. As far as pivot at 1.1834 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside. Minimum target to the upside for wave ((5)) is the external 123.6 – 161.8% Fibonacci retracement of wave ((4)) which comes at 1.247 – 1.267.

EURUSD 45 Minutes Elliott Wave Chart

EURUSD Elliott Wave Video

$EURUSD Buying The Dips At The Blue Box Area

December 14, 2020 By EWF Vlada

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD , published in members area of the website. EURUSD is another Forex pair that we have been trading lately. The price is showing impulsive sequences in the cycle from the November 1.1598 low. Consequently, we advised members to avoid selling EURUSD and keep on buying the dips in the sequences of 3,7,or 11 swings whenever get chance. In further text we’re going to explain Elliott Wave Forecast and trading strategy.

EURUSD 1 Hour Elliott Wave Analysis 12.09.2020

Wave ((iv)) black pull back is correcting the cycle from the 1.1802 low. Pull back has already reached its equal legs zone at 1.2067-1.2006 area . As our members know, Equal Legs – Blue Boxes are no enemy areas , giving us 85% chance to get a bounce. We favor the long side from the mentioned zone. As the main trend is bullish we expect buyers to appear for 3 waves bounce at least. Turn can happen any moment. As soon as the price reach 50 Fibonacci Retracement against the ( red peak, we should make long positions Risk Free ( put SL at BE).

You can learn more about Elliott Wave Patterns and Equal Legs Areas at our Free Elliott Wave Educational Web Page.

EURUSD 1 Hour Elliott Wave Analysis 12.10.2020

EURUSD found buyers at 1.2067-1.2006 area, the Blue Box area. We got nice reaction from there so far. We call wave ((iv)) pull back completed at 1.2057 low as Double Three Pattern. However we would like to see further extension higher and break above ((iii)) black peak (12/04) to confirm next leg up is in progress. At this stage all the long positions from the Blue Box zone should be risk free.

EURUSD 1 Hour Elliott Wave Analysis 12.14.2020

Eventually we got further separation higher. The pair is now showing higher high structure within the short term cycle from the 1.2057 low, however still need to see break above 12/04 peak to confirm next leg up is in progress. We don’t recommend selling the pair in any proposed pull back and favor staying long from the Blue Box area within risk free positions.

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Elliott Wave View: Further Upside in EURUSD

December 4, 2020 By EWFHendra

Short term Elliott Wave view in $EURUSD suggests that rally from November 11 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave November 11 low, wave ((i)) ended at 1.189 and pullback in wave ((ii)) ended at 1.18. Internal of wave ((ii)) subdivided as a flat structure. Wave (a) ended at 1.1814, wave (b) ended at 1.1906, and wave (c) of ((ii)) ended at 1.18.

Wave ((iii)) is proposed complete at 1.217 as another 5 waves in lesser degree. Up from wave ((ii)) low at 1.18, wave (i) ended at 1.2, and pullback in wave (ii) ended at 1.192. Pair resumed higher in wave (iii) towards 1.214, wave (iv) ended at 1.21, and wave (v) ended at 1.2175. This completed wave ((iii)) in higher degree. Pullback in wave ((iv)) is in progress to correct cycle from November 24 low before the rally resumes. As far as pivot at 1.192 low, and more importantly pivot at 1.18 low remains intact, expect dips to find support in 3, 7, or 11 swing for further upside. The ideal area for wave ((iv)) to complete is 23.6 – 38.2 Fibonacci retracement of wave ((iii)) which comes at 1.203 – 1.208.

EURUSD 60 Minutes Elliott Wave Chart

EURUSD Elliott Wave Video

Elliott Wave View: EURUSD Looking for Support Soon

November 4, 2020 By EWFHendra

EURUSD still shows an incomplete sequence from September 1 peak and has scope for further downside. Decline from September 1 peak is unfolding as a double three Elliott Wave structure. Down from September 1 peak, wave (W) ended at 1.1611 and wave (X) bounce ended at 1.188. Wave (Y) is currently in progress as a another double three in lesser degree.

Down from wave (X) high at 1.188, wave ((a)) ended at 1.1785, wave ((b)) ended at 1.1865, and wave ((c)) ended at 1.1648. This zigzag move ended wave W in higher degree. Wave X bounce ended at 1.177 as an expanded flat where wave ((a)) ended at 1.1704, wave ((b)) ended at 1.1621, and wave ((c)) ended at 1.177. Pair has started to turn lower again in wave Y. Down from wave X at 1.177, wave ((a)) ended at 1.1601. Near term, while wave ((b)) rally fails below 1.177, expect pair to extend lower. Potential target lower in wave (Y) is 100% – 123.6% Fibonacci extension from September 1 high, which comes at 1.124 – 1.148. If pair reaches this area, buyers should appear for more upside or 3 waves bounce at least.