HomeContributorsTechnical AnalysisElliott Wave View: EURUSD Looking to Extend Higher in 5 Waves

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 Video

YouTube

By loading the video, you agree to YouTube’s privacy policy.
Learn more

Load video

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

Learn Forex Trading