empty
28.11.2023 08:17 AM
Elliott wave analysis of EUR/USD for November 28, 2023

We are looking for a small flat correction to unfold. This means another dip to just below support at 1.0852 to complete the flat correction and set the stage for a new push higher towards 1.1054 and likely closer to the former peak at 1.1276.

In the longer term, we will be looking for a continuation higher towards the long-term target at 1.2930.

Recommended Stories

EUR/USD Analysis on June 2, 2025

The wave structure on the 4-hour chart for EUR/USD has transformed into a bullish formation and continues to hold that shape. I believe there is no doubt that this transformation

Chin Zhao 19:07 2025-06-02 UTC+2

GBP/USD Analysis on June 2, 2025

The wave structure for GBP/USD continues to indicate the formation of a bullish impulse wave pattern. The wave pattern closely mirrors that of EUR/USD. Until February 28, we observed

Chin Zhao 19:05 2025-06-02 UTC+2

Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US Dollar Index on June 2nd

During the upcoming week, the British pound is expected to move from its current zone toward the calculated resistance area. In the early days, a downward vector with potential pressure

Isabel Clark 11:53 2025-06-02 UTC+2

Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on June 2nd

In the coming days, the euro is expected to continue moving sideways. A short-term decline toward the support zone is possible. Afterward, conditions for a reversal may form. The start

Isabel Clark 11:48 2025-06-02 UTC+2

GBP/USD Analysis on May 30, 2025

The wave structure for GBP/USD continues to indicate the development of an upward impulsive wave pattern. The wave pattern is almost identical to that of EUR/USD. Until February

Chin Zhao 17:31 2025-05-30 UTC+2

EUR/USD Analysis on May 29, 2025

The wave pattern on the 4-hour chart for EUR/USD has transformed into an upward structure and remains so. It is clear that this shift has occurred solely

Chin Zhao 20:18 2025-05-29 UTC+2

GBP/USD Analysis on May 29, 2025

The wave structure for the GBP/USD pair continues to indicate the formation of a bullish impulse wave pattern. The wave configuration closely mirrors that of EUR/USD. Until February

Chin Zhao 20:17 2025-05-29 UTC+2

EUR/USD Analysis on May 28, 2025

The wave structure on the 4-hour EUR/USD chart has transformed into a bullish configuration and continues to follow that trajectory. There is little doubt that this transformation was driven solely

Chin Zhao 19:08 2025-05-28 UTC+2

EUR/USD Analysis on May 27, 2025

The wave pattern on the 4-hour chart for EUR/USD has shifted into a bullish structure and continues to hold that form. I believe there's little doubt that this transformation

Chin Zhao 20:47 2025-05-27 UTC+2

GBP/USD Analysis on May 27, 2025

The wave structure for GBP/USD continues to indicate the formation of a bullish impulsive wave pattern. The wave setup is almost identical to that of EUR/USD. Until February

Chin Zhao 20:30 2025-05-27 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.