Wed, Apr 24, 2024 @ 06:31 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisEUR/USD Targeting The 1.1240 Area

EUR/USD Targeting The 1.1240 Area

Elliott Wave Forecast
By Elliott Wave Forecast

EURUSD is trading in an impulsive five-wave cycle, ideally back to around 1.1240 resistance area for a higher degree wave C) and if we consider that there is room for more upside, then seems like 5th wave is still missing. So, be aware of another, maybe final leg up once a wave 4 fully unfolds.

EUR/USD, 4h

Elliott Wave Forecast
Elliott Wave Forecasthttps://elliottwave-forecast.com
ElliottWave-Forecast has built its reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including Forex majors & crosses, Commodities and a number of Equity Indices from around the World. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Elliott Wave Setup videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.