Elliott Wave Theory, Technical Analysis, and Social Mood Commentary

Elliott Wave International

EUR/USD: See What a Third-of-a-Third Elliott Wave Setup Looks Like

By Elliott Wave International

On February 28, long before "Liberation Day," Elliott Wave International's Currency Pro Service editor, Michael Madden, recorded a video for his subscribers with this chart and forecast:

"5 waves down from 1.0529 will complete this pattern. From there, we'll expect a dramatic reversal to kickstart a third-of-a-third advance. At this juncture, keep the immediate focus lower but on the lookout for wave ii to end."

Result: EUR/USD followed the Elliott wave script to perfection, reversing sharply and SKYROCKETING above $1.14.

Test-Drive EWI's Pro Services for 7 Days

For just $77, you can experience EWI's entire line-up of Pro Services for a full week — with real-time Elliott wave analysis throughout the open sessions across 70+ major global markets across all sectors — stocks, interest rates, forex, crypto, metals, energy and commodities.

Start Your Test-Drive Now

This article was syndicated by Elliott Wave International and was originally published under the headline EUR/USD: See What a Third-of-a-Third Elliott Wave Setup Looks Like. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Search

Wave labeling color code as follows (note – [brackets] used in lieu of circles for convenience sake) :
Grand Supercycle – BLUE – [I] [II] [III] [IV] [V] – [a] [b] [c]
Supercycle – GREEN – (I) (II) (III) (IV) (V) – (a) (b) (c)
Cycle – PINK – I II III IV V – a b c
Primary – BLACK – [1] [2] [3] [4] [5] – [A] [B] [C]
Intermediate – RED – (1) (2) (3) (4) (5) – (A) (B) (C)
Minor – BLUE – 1 2 3 4 5 – A B C
Minute – GREEN – [i] [ii][iii] [iv] [v] – [a] [b] [c]
Minuette – PINK – (i) (ii)(iii) (iv) (v) – (a) (b) (c)
Subminuette – BLACK – i ii iii iv v – a b c
Micro – RED – [1] [2] [3] [4] [5] – [A] [B] [C]
Submicro – BLUE – (1) (2) (3) (4) (5) – (A) (B) (C)
Miniscule – GREEN – 1 2 3 4 5 – A B C

Disclaimer

The content on this site is provided as information only and should not be taken as investment advice or any lifestyle or health advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy, or to partake in any other thing the author likes to talk about. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author. The author may from time to time make statements about certain investment vehicles and strategies, but it is not to be taken as investment advice. Again, it is just the author expressing his opinion only.

About Me

I like to blog about Elliott Waves. I can be reached at daneric40 AT comcast.net

Elliott Wave ~ 14 May 2025

Trump encouraging people to buy stocks again.

Posted on May 15, 2025Author Daneric

Post navigation

Previous Previous post: Elliott Wave Update ~ 13 May 2025

Next Next post: Elliott Wave Update ~ 16 May 2025

Proudly powered by WordPress