Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge.

My long standing expectation for a pink ABC zigzag to complete wave 5 blue of an ending contracting diagonal in the Euro is still right on track, as is the inverse in the US Dollar Index. As a refresher, see my July 12 post, the July 11 post, and the June 26 post.

We are nearing the end of the pattern soon, not only in the major currencies, but in stock markets and commodities as well, so please join me for one or both of this weekend’s webinars for an in-depth, multi-timeframe look at all of them, as well as an explanation of my method for creating much improved Elliott Wave counts. All enrollees will recieve 2-week access to the streaming recordings of the webinars, whether in attendance “LIVE” or not. Thanks . .