empty
13.01.2023 12:53 PM
EUR/USD. Analysis for January 13. The upward section of the trend continues to become more complicated.

This image is no longer relevant

The wave marking on the euro/dollar instrument's 4-hour chart is still quite compelling and getting more intricate, and the entire upward segment of the trend is still quite convoluted. It now appears distinctly corrective and forcefully expanded. The waves a-b-c-d-e have been combined into a complicated corrective structure, with wave e having a form that is far more complex than the other waves. Since the peak of wave e is substantially higher than the peak of wave C, if the wave markings are accurate, construction on this structure may be nearly finished. I'm getting ready for a decrease in the instrument because, in this scenario, we are predicted to build at least three waves down. The demand for the euro currency is increasing again in the first two weeks of the year, and the instrument has only been able to modestly deviate from its prior heights during this time. A further attempt to surpass the 1.0721 level, which corresponds to 127.2% of the Fibonacci ratio, was successful, allowing the wave e to grow even longer. Unfortunately, there is another delay in starting to build the trend correction part.

The market now expects lower Fed rates.

On Thursday, the euro/dollar instrument increased by 90 basis points. The instrument fluctuated dramatically yesterday, with a strong amplitude as it declined by 100 points and then increased by 100 points. Since the inflation report from the previous year is one of the most significant for the market, such moves did not surprise me. Additionally, inflation has been slowly falling over the past six months. This implies that the Fed will slow down the rate of an interest rate increase in early 2023, which will benefit the market and the dollar. Many analysts have already reached this conclusion. The likelihood of a rate increase of 25 basis points in February is now greater than 90%. And yesterday's decline in demand for US money was caused by this element. The second question—which I leave unanswered—is why, according to wave analysis, a corrective section of the trend is needed given that demand for the US dollar has been falling for several months in a row. If the market continues to focus solely on the "betting component," wave marking may continue to get increasingly complex for a very long time.

It is absurd to cheer the news background in the United States today in light of the events of last Friday and last Thursday. In contrast to data on inflation, the labor market, and unemployment, the University of Michigan's consumer mood index will be issued in the United States in the afternoon. The market may pause briefly today, but in terms of the wave pattern, it won't offer much. We still need to build at least three waves and generate demand for US currency. The instrument has an additional 300–400 points of growth potential if you attempt to break down the wave e into internal sub-waves. If my guess is right, wave 5-e construction started last Friday. And given the strong demand for the euro currency, wave 5 is not expected to be curtailed.

This image is no longer relevant

Conclusions in general

I conclude that the upward trend section's building is about finished based on the analysis. As a result, given that the MACD is indicating a "down" trend, it is now viable to contemplate sales with targets close to the predicted 0.9994 level, or 323.6% per Fibonacci. The potential for complicating and extending the upward portion of the trend remains quite strong, as does the likelihood of this happening.

The wave marking of the descending trend segment notably becomes more intricate and lengthens at the higher wave scale. The a-b-c-d-e structure is most likely represented by the five upward waves we observed. After the construction of this portion is complete, work on the downward trend segment can start.

Chin Zhao,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
समय सीमा चुनें
5
मिनट
15
मिनट
30
मिनट
1
घंटा
4
घंटे
1
दिन
1
सप्ताह
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें

अनुशंसित लेख

20 मई, 2025 को GBP/USD का विश्लेषण

GBP/USD के लिए वेव पैटर्न डोनाल्ड ट्रम्प के कारण एक बुलिश इम्पल्सिव वेव स्ट्रक्चर के बनने का संकेत देता रहा है। यह वेव पिक्चर लगभग EUR/USD जोड़ी जैसा ही है।

Chin Zhao 13:36 2025-05-21 UTC+2

EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD और गोल्ड के लिए सरल वेव विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान – 21 अप्रैल

EUR/USD विश्लेषण: फरवरी से, EUR/USD एक ऊपर की ओर वेव बना रहा है, जिसकी अंतिम अवस्था (C) वर्तमान में चल रही है। हाल ही में इस जोड़ी ने एक मजबूत

Isabel Clark 11:13 2025-04-21 UTC+2

EUR/USD, USD/JPY, GBP/JPY, USD/CAD, #Bitcoin, और #Ripple के लिए सरलीकृत तरंग विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान - 31 मार्च

आने वाले दिनों में यूरो विनिमय दर में गिरावट का दौर पूरा होने की संभावना है, जो संभावित रूप से गणना किए गए समर्थन क्षेत्र की निचली सीमा तक पहुंच

Isabel Clark 19:17 2025-03-31 UTC+2

20 मार्च 2025 को EUR/USD का विश्लेषण

EUR/USD के 4-घंटे चार्ट पर वेव संरचना एक अधिक जटिल रूप में बदलने के जोखिम में है। 25 सितंबर को एक नया डाउनट्रेंड संरचना बननी शुरू हुई, जो एक इम्पल्स

Chin Zhao 08:05 2025-03-21 UTC+2

10 मार्च को EUR/USD, USD/JPY, GBP/JPY, USD/CAD, GOLD और बिटकॉइन के लिए सरलीकृत तरंग विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान

विश्लेषण: फरवरी की शुरुआत से ही, यूरो एक ऊपर की ओर टेढ़ी-मेढ़ी लहर बना रहा है, जो एक नए तेजी के रुझान की शुरुआत को दर्शाता है। यह जोड़ी साप्ताहिक

Isabel Clark 10:15 2025-03-10 UTC+2

10 मार्च को GBP/USD, AUD/USD, USD/CHF, EUR/JPY, Ethereum, और Litecoin के लिए साप्ताहिक पूर्वानुमान बेससिम्प्लीफाइड वेव विश्लेषण

विश्लेषण: 13 जनवरी को शुरू हुई ऊपर की लहर अभी भी अधूरी है, जो प्रमुख वैश्विक अपट्रेंड का एक नया खंड बनाती है। यह जोड़ी वर्तमान में समर्थन और प्रतिरोध

Isabel Clark 10:12 2025-03-10 UTC+2

सरलीकृत तरंग विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान: GBP/USD, AUD/USD, USD/CHF, EUR/JPY, एथेरियम, लिटकोइन - 24 फ़रवरी

पिछले छह महीनों में, GBP/USD में गिरावट का रुख रहा है। जनवरी के मध्य से, कीमत एक मजबूत समर्थन क्षेत्र से उलटफेर की संभावना के साथ एक काउंटर-वेव बना रही

Isabel Clark 18:23 2025-02-24 UTC+2

GBP/USD विश्लेषण – 11 फरवरी: बाजार बैली से बहुत उम्मीदें लगाए हुए है

GBP/USD विश्लेषण – 11 फरवरी: GBP/USD की लहर संरचना कुछ हद तक अस्पष्ट है लेकिन सामान्यत: समझने योग्य है। उच्च संभावना है कि एक दीर्घकालिक मंदी प्रवृत्ति का खंड अभी

Chin Zhao 06:33 2025-02-12 UTC+2

GBP/USD, AUD/USD, USD/CHF, EUR/JPY, यूएस डॉलर इंडेक्स और एथेरियम के लिए सरलीकृत तरंग विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान – 3 फरवरी

ब्रिटिश पाउंड के लिए प्रमुख मंदी की लहर, जो पिछले साल अगस्त में शुरू हुई थी, दो सप्ताह पहले शुरू हुए सुधारात्मक, बदलते फ्लैट पैटर्न के माध्यम से विकसित होना

Isabel Clark 18:00 2025-02-03 UTC+2

EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, और बिटकॉइन के लिए सरलीकृत तरंग विश्लेषण पर आधारित साप्ताहिक पूर्वानुमान – 3 फरवरी

विश्लेषण: पिछले साल अक्टूबर से, यूरो की कीमत में उतार-चढ़ाव की लहर चल रही है। साल की शुरुआत से ही एक काउंटर-करेक्शन बन रहा है, जो एक विस्तारित फ्लैट पैटर्न

Isabel Clark 17:54 2025-02-03 UTC+2
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.