Elliott Wave Analysis: EURUSD Temporary Corrective Rally In Progress

EURUSD moved higher on Friday which should not be a surprise as we know that after every five waves correction follows. We can count impulse down in red wave 1) so current upward reaction is normal. We are tracking wave 2) that represents a contra-trend reaction that should be made by three legs.

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EURUSD Within Downtrend – Elliott Wave

EURUSD has finally turned bearish after very complex and slow recovery from 1.3293 low. We believe this is a corrective move that is now showing signs of completion

EURUSD Elliott Wave: Correction Up To 1.3500 Before Down

EURUSD reversed sharply to the downside in the last few days, clearly in five waves from above 1.3800 with a daily and weekly close price beneath the channel

EURUSD Bulls Could Extend Up to 1.3900 – Elliott Wave Analysis

EURUSD is bullish for the last few weeks with accelerating price action from 1.3470 so we suspect it represents a black wave 3 in progress that may extend

EURUSD Elliott Wave Analysis: Completed Five Wave Rally Puts Prices Into A Corrective Retracement

EURUSD 4h Elliott Wave Analysis EURUSD was trading higher for almost whole last week but then found resistance on Thursday and Friday when pair declined for almost 100 pips.