Analysis

Elliott Wave Analysis: EURGBP, DAX Intra-day View

Good day traders! Today's focus is on EURGBP, DAX and OIL.

EURGBP did not move much recently, so we see pair still in a corrective wave four with missing wave c which will ideally lift price up to 0.8950 from where we may see a new fall next week.

EURGBP, 1H

 

Dax filled gap near 12640 earlier today and turned nicely lower which is indication to a minor top in place; ideally of wave B so price may continue lower into wave C now that will complete pullback in wave 4) near 12470.

German DAX, 1H

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