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Tuesday, March 3, 2026

Rally Targets 1537-1605 Space – Foreign exchange Market Evaluation – ForexCycle.com

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ASML Holding N.V., (ASML) supplies lithography options for the event, manufacturing, advertising and marketing, gross sales, upgrading & servicing semiconductor tools methods. It additionally gives {hardware}, software program & providers to chipmakers to supply the patterns of built-in circuits. It comes underneath Expertise sector & trades as ‘ASML’ ticker at Nasdaq.

ASML is bullish in weekly & favors rally to increase April-2025 sequence defined in earlier article. It expects rally to increase into $1536.7 – $1604.8 space, whereas holding above 2.04.2026 low.

ASML – Elliott Wave Newest Each day View:

In weekly, it ended (I) at $895.93 in September-2021 & (II) at $363.15 low in October-2022. Above there, it’s displaying nest as pattern channel damaged upward & favors rally towards April-2025 low. Above October-2022 low, it ended I of (III) at $1110.09 excessive & II at $578.51 low. Inside I, it positioned ((1)) at $771.98 excessive, ((2)) at $564 low, ((3)) at $1056.34 excessive, ((4)) at $849.14 low & ((5)) at $1110.09 excessive. Inside ((2)), it ended ((A)) at $767.41 low, ((B)) at $945.05 excessive & ((C)) at $578.51 low in zigzag correction.

ASML – Elliott Wave Newest Week:

Above II low, it favors rally in ((1)) of III. It ended (1) at $826.56 excessive, (2) at 684.24 low, (3) at $1086.11 excessive, (4) at $946.11 low & favors upside in (5). Inside prolonged (5), it ended 1 at $1141.72 excessive, 2 at $1010.01 low, 3 at $1493.47 excessive, 4 at $1316.06 low & favors 5. The prolonged (5) already prolonged above $1453.81 degree & in all probability ought to lengthen into $1536.7 – $1604.8 to finish ((1)). It’s displaying the momentum divergence in RSI in day by day towards (3) excessive. So, anticipating present rally to finish quickly as ((1)) earlier than correcting in ((2)). Chasing longs in the meanwhile may be dangerous. Anticipating any short-term pullback ought to maintain above 2.17.2026 & 2.04.2026 to increase larger in (5). However patrons ought to enter once more in ((2)) correction in 3, 7 or 11 swings at excessive space.

ASML – Elliott Wave View From 1.19.2026:

Supply: https://elliottwave-forecast.com/group-3-instruments/shares/asml-holding-rally-targets-1537-1605/

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