Elliott Forecast - Elliott Wave View: EURUSD Looking to Extend Higher in 5 Waves

Report

Elliott Forecast

Eric Morera

Elliott Wave View: EURUSD Looking to Extend Higher in 5 Waves

Short term Elliott Wave in EURUSD suggests rally from 1.13.2025 low is unfolding as a zigzag structure. Up from 1.13.2025 low, wave A ended at 1.0533 and pullback in wave B ended at 1.021. Wave C higher is in progress with internal subdivision as a 5 waves. Up from wave B, wave (i) ended at 1.035 and pullback in wave (ii) ended at 1.0269. Wave (iii) higher ended at 1.043 and pullback in wave (iv) ended at 1.0399. Wave (v) higher ended at 1.0442 which completed wave ((i)) in higher degree.

Pullback in wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 1.035 and wave (b) rally ended at 1.041. Wave (c) lower ended at 1.0278 which completed wave ((ii)) in higher degree. Pair has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 1.0385 and pullback in wave (ii) ended at 1.031. Wave (iii) higher ended at 1.0514. Expect dips in wave (iv) to correct cycle from 2.12.2025 low before it resumes higher. Near term, as far as pivot at 1.0204 low stays intact, expect dips to find support in 3, 7, 11 swing for further upside.

EURUSD 60 Minutes Elliott Wave Chart
EURUSD Elliott Wave Chart
EURUSD Video
/5TPvTnPRF-4
Source:-forecast.com/news/elliott-wave-view-eurusd-looking-extend-higher-5-waves/

18/02/2025 1 EN

Provider

Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a 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 FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. 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, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

See profile

Analysts

Eric Morera

Other Reports from Elliott Forecast

Elliott Wave: Copper (HG) Impulsive Rally Signals More Upside

Copper ($HG) has been displaying a strong bullish trend, with the rally from the July 11, 2022 low unfolding in a Elliott Wave diagonal. This rally is structured as a 5-swing pattern, which is characteristic of a motive wave. This suggests that the broader trend favors further upside. As of the latest price action, the metal has completed a significant corrective phase and is now positioned for additional gains.

3h / 24m 3h / 24m 1 EN

TRV Approaches Final Stage of Impulse Structure: Anticipating a Pullback

The Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.

3h / 24m 3h / 24m 1 EN

CRWD’s Leading Diagonal: Grand Super Cycle Points to More Upside

CrowdStrike Holdings, Inc. (CRWD) is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services.

3h / 25m 3h / 25m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Elliott Wave View: EURUSD Looking to Extend Higher in 5 Waves

Elliott Wave: Copper (HG) Impulsive Rally Signals More Upside

TRV Approaches Final Stage of Impulse Structure: Anticipating a Pullback

CRWD’s Leading Diagonal: Grand Super Cycle Points to More Upside

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe