EURO STOXX 50 Wave Analysis – 24 July 2026

EURO STOXX 50: ⬆️ Buy

– EURO STOXX 50 reversed from support zone

– Likely to rise to resistance level 6330.00

EURO STOXX 50 INDEX recently reversed up from the support zone between the key support level 6200.00 (former strong resistance from February), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June.

The upward reversal from this support zone started the active minor impulse wave v of the intermediate impulse wave 3 from May.

Given the clear daily uptrend, EURO STOXX 50 can be expected to rise to the next resistance level 6330.00 (top of the previous impulse wave i).