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This forecast is based on the Elliott Wave Principle which states that investor psychology is the motor behind the stock markets. In this analysis however, the analyst not only observes the previous price patterns, but also takes into account the correlation between different pairs before releasing forecasts.

Elliott waves analysis

2025 EURUSD BTCUSD #NQ100
12
August

The trading pair in question is performing quite well according to the proposed wave scenario. After forming a downward movement in the form of a simple zigzag, the price has shown a confident rise. It is likely that the observed upward movement is forming as an impulse, which lacks the final wave

The situation with Bitcoin continues to maintain a bullish sentiment. The price is trading near the historical high and is likely preparing to штурм this important level. The wave pattern currently suggests the development of wave [iii], which is part of an impulse within wave 3 but at a higher le

It seems that the US stock market does not intend to decline in the near future. The NASDAQ index continues to move higher steadily, albeit slowly. A small pullback did occur but was quickly eliminated. The start of the new trading week appears to be favourable for buying again. This rise is curre

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