EUR/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25

The article covers the following subjects:

Major Takeaways

  • Main scenario: Consider long positions from corrections above the level of 1.0200 with a target of 1.0632 – 1.0940. A buy signal: the price holds above 1.0200. Stop Loss: below 1.0170, Take Profit: 1.0632 – 1.0940.
  • Alternative scenario: Breakout and consolidation below the level of 1.0200 will allow the pair to continue declining to the levels of 0.9950 – 0.9526. A sell signal: the level of 1.0200 is broken to the downside. Stop Loss: above 1.0230, Take Profit: 0.9950 – 0.9526.

Main Scenario

Consider long positions from corrections above the level of 1.0200 with a target of 1.0632 – 1.0940.

Alternative Scenario

Breakdown and consolidation below a level of 1.0200 will allow the pair to continue declining to the levels 0.9950 – 0.9526.

Analysis

The daily time frame shows that an ascending first wave of larger degree (1) is formed, a descending correction has presumably developed as second wave (2), and the third wave (3) has started unfolding. Wave С of (2) appears to have formed on the H4 time frame, with the fifth wave of smaller degree v of C completed as its part. The first counter-trend wave i of 1 of (3) is presumably developing on the H1 time frame, within which a local corrective wave (ii) of i is completed. If the presumption is correct, the EUR/USD pair will continue to rise to the levels of 1.0632 – 1.0940. The level of 1.0200 is critical in this scenario. Its breakout will allow the pair to continue falling to the levels of 0.9950 – 0.9526.



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. 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 2004/39/EC.

Rate this article:

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

This post is originally published on LITEFINANCE.

  • Related Posts

    XAU/USD: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25

    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…

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25

    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

    Bitcoin vs Gold as Safe Haven: Which Is Better for Investors?

    • August 30, 2025
    Bitcoin vs Gold as Safe Haven: Which Is Better for Investors?

    Gold Safe-Haven Status: 10 Times Gold Protected Traders in Crisis

    • August 30, 2025
    Gold Safe-Haven Status: 10 Times Gold Protected Traders in Crisis

    Weekly Snapshot: FTMO Revives MT5 Access for Prop Trading in the US, Capital.com Pursues Japan License

    • August 30, 2025
    Weekly Snapshot: FTMO Revives MT5 Access for Prop Trading in the US, Capital.com Pursues Japan License

    Wage Inflation vs CPI: Why Currencies React Differently?

    • August 29, 2025
    Wage Inflation vs CPI: Why Currencies React Differently?

    Social Unrest and Safe Havens: How Markets React to Instability?

    • August 29, 2025
    Social Unrest and Safe Havens: How Markets React to Instability?

    ASEAN Local Currency in Trade Settlements Explained

    • August 29, 2025
    ASEAN Local Currency in Trade Settlements Explained