FX.co ★ Волновой анализ валютной пары EUR/USD за 25 апреля 2018 года

Analysis of wave counting:

Yesterday, the attempt to continue the downward movement was not successful, and the EUR / USD jumped by more than 60 percentage points to the 1.2245 mark from the European session low (1.2180). At the same time, it seems that the currency pair has remained at the stage of formation of the wave с, с, а, В, (С), which can also take a somewhat more complicated form. If this is the case, the currency pair retains the potential to resume the decline in quotes and at least work out the mark of 1.2150.

The objectives for building a downward wave:

1.2152 - 100.0% of Fibonacci

The objectives for building an upward wave:

1.2414 - 76.4% of Fibonacci

1.2446 - 88.6% of Fibonacci

General conclusions and trading recommendations:

The wave counting on the instrument involves the construction of a downward trend section. The assumed wave b, c, a, B, (C) completed its construction near the calculated mark of 1.2414, which corresponds to 76.4% of Fibonacci. It is now expected to continue the downgrade with targets near the estimated level of 1.2152, which is equivalent to 100.0% of Fibonacci, within the wave c, c, a, B, (C).