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27.07.2021: Forex Analysis & Reviews: Elliott wave analysis of EUR/USD for July 27, 2021
2025年10月4日外匯預測:歐元/美元、SP500、納斯達克、道瓊、USDX及比特幣
2025-04-10 UTC+3
外匯預測 2025/08/04:歐元/美元,美元/日元,石油,標普500指數,以及比特幣
2025-04-08 UTC+3

analytics60ff9e594593d.jpg

EUR/USD is testing the resistance line of the ending diagonal we have seen define the trading-action over the last month. A clear break above resistance at 1.1830 will confirm that circle wave 4 is complete and circle wave 5 towards the long-standing target at 1.2763 is unfolding.

That said, we also need to be aware, that as long as resistance at 1.1830 is able to cap the upside, the risk for an unexpected break below key support at 1.1704 remains in place. We don't favor this outcome, but it can't be excluded yet, but hopefully it can soon.

Trading recommendation:

Buy a break above 1.1830 for a rally towards 1.2763. Stop below 1.1752

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Torben Melsted,
Analytical expert of InstaForex
© 2007-2025
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