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27.07.2021: Forex Analysis & Reviews: Elliott wave analysis of EUR/USD for July 27, 2021
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Forex forecast 24/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-24 UTC+3
Forex forecast 21/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-21 UTC+3
Forex forecast 20/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-21 UTC+3
Forex forecast 19/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-19 UTC+3
Forex forecast 18/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-19 UTC+3
Forex forecast 17/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-17 UTC+3
Forex forecast 14/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-14 UTC+3
Forex forecast 13/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-13 UTC+3
Forex forecast 12/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-12 UTC+3
Forex forecast 11/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-11 UTC+3
Forex forecast 10/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-10 UTC+3
Forex forecast 07/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-07 UTC+3
Forex forecast 06/08/2026: EUR/USD, USD/JPY, GBP/USD, Gold, SP500, Oil and Bitcoin
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Forex forecast 04/08/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-08-04 UTC+3
Forex forecast 31/07/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-07-31 UTC+3
Forex forecast 30/07/2026: EUR/USD, USD/JPY, GBP/USD, SP500, NDX, OIL, BTC
2026-07-30 UTC+3
Forex forecast 29/07/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-07-30 UTC+3
Forex forecast 28/07/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-07-28 UTC+3

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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

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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