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

GBP/USD Analysis on June 19, 2025

The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave structure. The wave pattern is nearly identical to that of EUR/USD, since the U.S. dollar

Chin Zhao 20:20 2025-06-19 UTC+2

EUR/USD Analysis on June 19, 2025

The wave pattern on the 4-hour EUR/USD chart continues to indicate the formation of an upward trend section. The transformation in the structure has occurred solely

Chin Zhao 20:16 2025-06-19 UTC+2

Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and GOLD – June 19th

The upcoming week is expected to be flat for the euro. A reversal and downward movement are anticipated from the resistance zone by midweek. The projected support zone indicates

Isabel Clark 10:50 2025-06-19 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 – June 19th

At the beginning of the upcoming week, the British pound may complete its upward movement, possibly reaching the resistance zone. Afterward, we can expect the currency's fluctuations to shift into

Isabel Clark 10:45 2025-06-19 UTC+2

GBP/USD Analysis on June 18, 2025

The wave pattern for GBP/USD continues to indicate the development of a bullish impulse wave structure. The pattern is almost identical to that of EUR/USD, as the driving factor

Chin Zhao 20:01 2025-06-18 UTC+2

EUR/USD Analysis on June 18, 2025

The wave pattern on the 4-hour chart of the EUR/USD pair continues to indicate the formation of a bullish trend segment. This transformation is entirely due to the new U.S

Chin Zhao 19:56 2025-06-18 UTC+2

GBP/USD Analysis on June 17, 2025

The wave pattern on the GBP/USD chart continues to indicate the formation of an upward impulsive wave pattern. The wave layout closely mirrors that of EUR/USD, as the main driver

Chin Zhao 21:24 2025-06-17 UTC+2

EUR/USD Analysis on June 17, 2025

The wave pattern on the 4-hour EUR/USD chart continues to indicate the development of an upward trend segment. This transformation occurred solely due to the new U.S. trade policy. Until

Chin Zhao 21:18 2025-06-17 UTC+2

GBP/USD Analysis on June 16, 2025

The wave pattern for GBP/USD continues to indicate the development of an upward impulsive trend. The wave pattern is almost identical to that of EUR/USD, as the main driver

Chin Zhao 19:48 2025-06-16 UTC+2

EUR/USD Analysis on June 16, 2025

The wave pattern on the 4-hour EUR/USD chart continues to indicate the development of an upward trend segment. This transformation occurred solely due to the new U.S. trade policy. Until

Chin Zhao 19:45 2025-06-16 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.