On this technical weblog, we’ll take a look at the previous efficiency of the 1-hour Elliott Wave Charts of EURUSD. During which, the rally from 05 November 2025 low is unfolding as a diagonal & confirmed a better excessive sequence subsequently, referred to as for an extension increased to happen. We knew that the construction in EURUSD ought to stay supported & lengthen increased. So, we suggested members to not promote the pair & purchase the dips in 3, 7, or 11 swings on the blue field areas. We are going to clarify the construction & forecast beneath:
EURUSD 1-Hour Elliott Wave Chart From 1.31.2026

Right here’s the 1- hour Elliott wave Chart from the 1.31.2026 Weekend replace. During which, the rally to $1.2082 excessive accomplished wave 3 & made a pullback in wave 4. The internals of that pullback unfolded as Elliott wave double three correction the place wave ((w)) ended at $1.1895 low. A rally to $1.1996 high-ended wave ((x)). Then began the subsequent leg decrease in wave ((y)) in direction of $1.1806- $1.1688 blue field space. From there, consumers had been anticipated to seem on the lookout for new highs ideally or for a 3-wave bounce minimal.
EURUSD Newest 1-Hour Elliott Wave Chart From 2.12.2026

That is the most recent 1-hour Elliott wave Chart from the two.12.2026 Asia replace. During which the pair is exhibiting a robust response increased happening, proper after ending the correction throughout the blue field space. Allowed members to create a risk-free place shortly after taking the lengthy place on the blue field space. Nonetheless, a break above $1.2082 excessive is required to substantiate the subsequent extension increased. In the direction of $1.2158- $1.2279 ( minimal extension goal) and keep away from deeper correction decrease.
