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Daily Technical Analysis and Forecast – 8 August 2025
EURUSD Forecast – 8 August 2025 On the H4 chart, EURUSD has broken out of its consolidation zone and completed a corrective move to 1.1698. As of today, the pair has declined to 1.1611, establishing a new consolidation range. A downward breakout toward 1.1520 is anticipated. Should this level break, it could open the path
Daily Technical Analysis and Forecast – 7 August 2025
EURUSD Forecast – 7 August 2025 On the H4 chart, EURUSD has broken above a previous consolidation zone, with a corrective move expected to continue toward 1.1680. Once this correction completes, a new downward wave may begin, targeting 1.1343, followed by a potential rebound to 1.1550. This projection aligns with the current Elliott wave structure
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