EURUSD

EURUSD – Third wave might be underway – September 2nd, 2021

We can’t rule out that wave ((ii)) turned out to be smaller. If correct, the last advance is the first wave of wave ((iii)). In this case, after a short break, the price should continue moving higher. The main critical level is the low of wave ((ii)).


EURUSD – Third wave might be underway – September 1st, 2021

We can’t rule out that wave ((ii)) turned out to be smaller. If correct, the last advance is the first wave of wave ((iii)). In this case, after a short break, the price should continue moving higher. The main critical level is the low of wave ((ii)).


EURUSD – Second wave might be underway – August 31st, 2021

The current decline brings forward the idea that wave ((i)) is over. In this case, we’re going to have wave ((ii)), probably in the form of a zigzag. As shown on the 30m chart below, we could have a local wave (b) correction before wave (c) of ((ii)) begins.


EURUSD – Bullish impulse finished – August 26th, 2021

The current decline highlights an option that wave ((ii)) is still underway. In this case, we’re likely going to see the price a little bit lower in the short term. Even so, the opportunity to have a third-wave advance remains in force.


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