EUR/USD: Elliott Wave Analysis and Forecast for 21.02.25 – 28.02.25

The article covers the following subjects:

Major Takeaways

  • Main scenario: Consider long positions from corrections above 1.0280 with a target of 1.0635 – 1.0940. A buy signal: the level of 1.0280 is broken to the upside. Stop Loss: below 1.0250, Take Profit: 1.0635 – 1.0940.
  • Alternative scenario: breakout and consolidation below 1.0280 will allow the pair to continue declining to the levels of 1.0100 – 0.9950. A sell signal: the level of 1.0280 is broken to the downside. Stop Loss: above 1.0330, Take Profit: 1.0100 – 0.9950.

Main scenario

Consider long positions from corrections above the level of 1.0280 with a target of 1.0635 – 1.0940.

Alternative scenario

Breakout and consolidation below the level of 1.0280 will allow the pair to continue declining to the levels of 1.0100 – 0.9950.

Analysis

The first ascending wave of larger degree (1) is formed on the daily chart, and the bearish correction appears to have completed as the second wave (2). Wave С of (2) is likely formed on the H4 time frame, and the third wave of larger degree (3) has started unfolding, with the first counter-trend wave of smaller degree i of 1 of (3) forming as its part. Wave (iii) of i of 1 of (3) appears to be unfolding on the H1 time frame, within which wave v of (iii) has started forming. If the presumption is correct, the EUR/USD pair will continue to rise to the levels of 1.0635 – 1.0940. The level of 1.0280 is critical in this scenario. Its breakout will allow the pair to continue falling to the levels of 1.0100 – 0.9950.


This forecast is based on the Elliott Wave Theory. When developing trading strategies, it is essential to consider fundamental factors, as the market situation can change at any time.



Price chart of EURUSD in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.

According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.

Rate this article:

{{value}} ( {{count}} {{title}} )

This post is originally published on LITEFINANCE.

  • Related Posts

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 31.07.2025

    Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.  Cryptocurrencies are rising in line with forecasts. The article covers the following…

    The Dollar Jumped Late. Forecast as of 31.07.2025.

    Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    This Broker Was Kicked Out by Regulator for Deceptive Marketing Strategies

    • July 31, 2025
    This Broker Was Kicked Out by Regulator for Deceptive Marketing Strategies

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 31.07.2025

    • July 31, 2025
    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 31.07.2025

    The Dollar Jumped Late. Forecast as of 31.07.2025.

    • July 31, 2025
    The Dollar Jumped Late. Forecast as of 31.07.2025.

    Short-Term Analysis for Oil, Gold, and EURUSD for 31.07.2025

    • July 31, 2025
    Short-Term Analysis for Oil, Gold, and EURUSD for 31.07.2025