Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, Bitcoin, and Gold – August 3
EUR/USDAnalysis:The primary direction of the euro’s
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03.08.2026 09:04 AM
EUR/USDAnalysis:The primary direction of the euro’s main currency pair continues to be defined by the bearish wave that began in January of this year. Over the past two months, a corrective phase in the form of an expanded flat has been developing within this wave structure. The final segment of this wave is currently taking shape.Forecast:The upward bias is expected to continue during the coming week. After a likely test of the resistance zone, the pair may reverse and decline
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