HomeContributorsTechnical AnalysisElliott Wave Analysis: EURUSD Intraday View

Elliott Wave Analysis: EURUSD Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

Intraday price action on EURUSD is looking quite impulsive to the upside. We see this bullish run as part of a more complex correction, a W-X-Y that may be in final stages. That said, current price activity is pointing nicely to the upside within wave Y, after sub wave iv finds a base around the 38.2 or 50.0 Fibonacci ratio.

EURUSD, 1H

Start Trading
Start Trading
Start Trading
Start Trading

Get daily and weekly ActionForex analysis and key releases on our Telegram channel.

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Latest Analysis

Load more

Learn Forex Trading