Elliott Wave trading plans: EUR/USD, SPX500 and WTI [Video]
![Elliott Wave trading plans: EUR/USD, SPX500 and WTI [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/money-13797882_XtraLarge.jpg)
The investment world is ever-evolving, and for those seeking to understand market trends and movements, Elliott Wave analysis has become an indispensable tool. In our latest video, we've conducted an in-depth research of EUR/USD, SPX500, and WTI, studying price cycles to provide potential scenarios for this week.
Applying concepts of Elliott Wave, institutional cycles, and price action, we aim to offer a clear and grounded perspective on the direction these assets might take. But we don't stop there. We also delve into the most pertinent global economic fundamentals that influence investor decisions.
One of the most anticipated events is the FED's statement on its benchmark interest rate, currently standing at 5.50%. While the general consensus expects no changes, our analysis suggests a potential increase of 25 basis points to 5.75%. This perspective is based on recent CPI and PPI data, inflation indicators that came out higher than expected, putting pressure on the FED to act against inflation.
If the FED decides to continue raising its interest rate, we might see a strengthening of the USD throughout the week. It's crucial to be prepared and understand the potential repercussions of these decisions in the market.
We invite you to watch our video, where we detail these topics, offering comprehensive analysis and the tools necessary for informed investment decisions.
Author

Juan Maldonado
Elliott Wave Street
Juan Maldonado has a University degree in Finance, and Foreign trade started his trading career in 2008. Since 2010 has been analyzing the markets using Elliott Wave with different strategies to spot high probability trades.

















