EURUSD is doing a double correction from 9/1 high. The pair can see another leg lower while below 9/10 high before upside resume again.
Elliott Wave View: Impulsive Rally in EURUSD
EURUSD extended higher from July 1 low. While above July 20 low, expect dips in 3,7 or 11 swings to find support for further upside.
Elliott Wave View: EURUSD in Impulsive Rally
EURUSD shows an impulsive rally from 5.14.2020 low and dips should be supported. This article and video look at the Elliott Wave path.
Elliott Wave View: EURUSD Bounce May Extend
EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is unfolding as a zigzag Elliott Wave structure where wave (A) ended at 1.1147. Internal of wave (A) unfolded […]
Elliott Wave View: EURUSD Can Bounce Soon
Short term Elliott wave view in EURUSD suggests the cycle from December 31, 2019 high is unfolding as an impulse wave. Down from December 31, wave (1) ended at 1.0991 low and the bounce in wave (2) ended at 1.1097 high. The pair continues to the downside and wave (3) is still in progress. Wave […]