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12-08-2022

The price for this pair continues to remain in the area of the reached levels, and it is still possible that the formation of the first part of the medium-term corrective wave of growth is currently being completed or has already been completed.

If the current assumption continues to receive support, then after updating the local maximum, we should expect the price to turn down.

Also, it should be understood that the current scenario implies a price increase within the correction, and there is still no certainty about what form and height this correction will take.

Eurusdh1 5Eurusdh4 5

11-08-2022

The price for this pair has confidently resumed its upward movement within the framework of the scenario under consideration, and it is possible that it is currently completing or has already completed the formation of the first part of the medium-term corrective wave of growth.

If the current assumption continues to receive support, then, after a slight downward pullback, the pair’s value will continue its local upward movement.

But, it should be understood that the current scenario implies a price increase within the correction, and there is still no certainty about what form and height this correction will take.

Eurusdh1 4Eurusdh4 4

10-08-2022

The price for this pair continues to remain in the formed range, and it is possible that a local correction as part of the corrective growth wave may take the form of a triangle.

If this assumption is supported, then in the near future the value of the pair will confidently resume its upward movement.

Eurusdh1 3Eurusdh4 3

09-08-2022

The price for this pair continues to remain under pressure, and it is possible that the previously considered correction as part of the first pattern in the form of a 5-3 formation upwards continues its development, the corrective part of which may take the form of a plane or triangle.

If this assumption is supported, then, in the near future, perhaps after updating the local minimum at the lower degrees, the pair’s value will confidently resume its upward movement.

Eurusdh1 2Eurusdh4 2

08-08-2022

The price for this pair continues to remain under pressure, and it is possible that the previously considered correction as part of the first pattern in the form of a 5-3 formation upwards continues its development and may take the form of a plane.

If this assumption is supported, then, in the near future, perhaps after updating the local minimum at the lower degrees, the pair’s value will confidently resume its upward movement.

Eurusdh1 1 Eurusdh4 1

06-08-2022

The Euro price continues to remain in the formed range, which quite likely takes the form of a plane, the final part of which may take the form of a diagonal.

If the current assumption is supported, the completion of the diagonal will be a good basis for a confident renewal of the upward movement of the price.

Eurusdh1Eurusdh4

The charts of daily degrees clearly show an attempt to perform a corrective upward price reversal within the framework of the ongoing impulse wave of decline.

At the current stage, it is still difficult to assume the shape and height of this correction model, but if this assumption is supported, then soon the value of the currency will resume its upward movement.

Eurusddaily

The Euro price, within the framework of the assumption under consideration, confidently continued to move down, and it is possible that at the moment the development of a corrective wave of growth has begun as part of the assumed downward momentum.

If the current assumption continues to receive support, then in the near future we should expect the continuation of the corrective growth, the result of which will be the continuation of the current downward trend.

Eurusdweekly

The Euro price continues to remain under pressure, and as before, the absence of a confidently completed model does not yet allow us to assert with any confidence about the choice of one or another option.

But, despite this fact, there is still little potential for the implementation of the current scenario under consideration, according to which a series of the first 1-2 1-2 waves is supposedly developing as part of a large downward momentum.

That is, although there are many different options, yet if the price can gain a foothold below the local confirming level, it is likely that this fact may resume pressure on the pair’s value.