Main >
Analytics
>
Fresh forecast
>
การวิเคราะห์อีเลียตเวฟ
>
EUR/USD. The Correction is Becoming More Complex.

EUR/USD. The Correction is Becoming More Complex. | 30 July 2024

30 July 2024, EUR/USD

EUR/USD. The Correction is Becoming More Complex.

The belief in the bullish scenario turned out to be misplaced. The euro failed to withstand the pressure and emerge victorious from the situation. Instead, the dollar strengthened and pushed the euro's price below the previously established local minimum. Thus, it seems that the scenario involving a double zigzag correction has been activated.
Currently, the price is expected to enter a sideways movement before resuming impulsive decline as part of wave y of 2. This development indicates that the correction has taken a more complex form, while still maintaining the status of the second wave of the anticipated emerging bullish impulse.
Given the high likelihood of the price fluctuating within a narrow range in the near future, it is not recommended to trade this instrument at this time.
Investment idea: flat.
Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน

แสดงรหัสผ่าน

ซ่อนรหัสผ่าน

 ลืมรหัสผ่าน?
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .

รางวัลที่ดีที่สุดของเรา:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.