Categories: Technical analysis

EUR50 Wave Analysis – 13 August 2025

EUR50: ⬆️ Buy

– EUR50 rising inside sideways price

– Likely to reach resistance 5200.00

EUR50 index continues to rise inside the sideways price range set between price levels 5200.00 and 5500.00 – which have been reversing the price from May.

The earlier upward reversal from the support level 5200.00 started the active short-term corrective wave 2, which belongs to the impulse wave (3) from July.

EUR50 index can be expected to rise to the next resistance 5200.00, which is the upper border of the active sideways price range.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: EUR50

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