{"id":15392,"date":"2025-09-18T18:15:10","date_gmt":"2025-09-18T18:15:10","guid":{"rendered":"https:\/\/alchemymarkets.com\/?post_type=market_insights&#038;p=15392"},"modified":"2025-09-18T18:15:11","modified_gmt":"2025-09-18T18:15:11","slug":"eurusd-temporary-new-highs","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/","title":{"rendered":"EUR\/USD Elliott Wave: Temporary New Highs"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Executive Summary<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wave (2) corrective decline continues from 1.1918.<\/li>\n\n\n\n<li>Wave B of (2) may have topped yesterday at 1.1918.<\/li>\n\n\n\n<li>Decline to 1.12 &#8211; 1.1391 and possibly lower levels are anticipated.<\/li>\n<\/ul>\n\n\n\n<p>EURUSD has rallied to fresh 4-year highs on the heels of the Fed\u2019s 25 basis point rate cut. Yesterday\u2019s high may have printed the end to a corrective rally, leading to a decline in an ongoing wave 2.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Current Elliott Wave Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"631\" src=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/EURUSD_2025-09-18_13-04-55-1024x631.png\" alt=\"\" class=\"wp-image-15393\" srcset=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/EURUSD_2025-09-18_13-04-55-1024x631.png 1024w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/EURUSD_2025-09-18_13-04-55-300x185.png 300w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/EURUSD_2025-09-18_13-04-55-768x473.png 768w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/EURUSD_2025-09-18_13-04-55.png 1475w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>EURUSD reached its highest level since 2021 yesterday printing 1.1918. It appears EURUSD was rallying in wave \u2018B\u2019 of a larger flat corrective pattern that began on July 1.<\/p>\n\n\n\n<p>An <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/elliott-wave-theory\/\">Elliott wave<\/a> flat pattern subdivides as 3-3-5 and is labelled A-B-C. The first leg, wave A, moved lower reaching 1.1391 on August 1.<\/p>\n\n\n\n<p>Wave B then trended higher as a w-x-y pattern, a double zigzag. It is common for the adjacent waves of a flat, waves A &amp; B, to contain different complexities. In this case, wave A was a simple zigzag while wave B was a double zigzag.<\/p>\n\n\n\n<p>It appears wave B completed at yesterday\u2019s high because within wave B, wave ((y)) was equal to the length of ((w)). This is a common wave relationship. (see blue <a href=\"https:\/\/alchemymarkets.com\/education\/indicators\/fibonacci-extensions\/\">Fibonacci extension line<\/a>).<\/p>\n\n\n\n<p>As a result, we are anticipating the beginning of a decline to carry down and retest the previous low at 1.1391.&nbsp;<\/p>\n\n\n\n<p>An early warning signal the decline is in force if EURUSD breaks below the <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/support-and-resistance\/\">purple support trend line<\/a>. If this breaks, then it will build confidence a top is in place and that EURUSD may trend towards 1.1391. Near this same price is the 23.6% Fibonacci retracement of wave (1), the 2025 uptrend.<\/p>\n\n\n\n<p>If EURUSD is successful in pushing below 1.1391, the next layer of support is the 38% <a href=\"https:\/\/alchemymarkets.com\/education\/indicators\/fibonacci-retracement\/\">Fibonacci retracement<\/a> level near 1.12.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bottom Line<\/h2>\n\n\n\n<p>The Elliott wave corrective wave 2 is reaching its final leg lower. The expanded flat pattern began July 1 and we are anticipating 1.12 &#8211; 1.1391, and possibly lower levels, in the coming weeks.<\/p>\n\n\n\n<p>If EURUSD breaks out above 1.1918, then we\u2019ll reconsider the wave count.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.<\/p>\n","protected":false},"author":160,"featured_media":15396,"parent":0,"comment_status":"open","ping_status":"closed","template":"","market_insights_categories":[16],"class_list":["post-15392","market_insights","type-market_insights","status-publish","has-post-thumbnail","hentry","market_insights_categories-elliott-wave"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD Elliott Wave: Temporary New Highs - Alchemy Markets<\/title>\n<meta name=\"description\" content=\"Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EUR\/USD Elliott Wave: Temporary New Highs - Alchemy Markets\" \/>\n<meta property=\"og:description\" content=\"Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/\" \/>\n<meta property=\"og:site_name\" content=\"Alchemy Markets\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-18T18:15:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/20250918_EURUSD-Market-Top_Elliott_wave-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EUR\/USD Elliott Wave: Temporary New Highs - Alchemy Markets","description":"Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/","og_locale":"it_IT","og_type":"article","og_title":"EUR\/USD Elliott Wave: Temporary New Highs - Alchemy Markets","og_description":"Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.","og_url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/","og_site_name":"Alchemy Markets","article_modified_time":"2025-09-18T18:15:11+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/20250918_EURUSD-Market-Top_Elliott_wave-1024x683.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/","url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/","name":"EUR\/USD Elliott Wave: Temporary New Highs - Alchemy Markets","isPartOf":{"@id":"https:\/\/alchemymarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/#primaryimage"},"image":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/#primaryimage"},"thumbnailUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/20250918_EURUSD-Market-Top_Elliott_wave.png","datePublished":"2025-09-18T18:15:10+00:00","dateModified":"2025-09-18T18:15:11+00:00","description":"Discover our latest Elliott Wave analysis on EURUSD with an important top in place. Learn where the next support levels sit.","breadcrumb":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/#primaryimage","url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/20250918_EURUSD-Market-Top_Elliott_wave.png","contentUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/09\/20250918_EURUSD-Market-Top_Elliott_wave.png","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/eurusd-temporary-new-highs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alchemymarkets.com\/"},{"@type":"ListItem","position":2,"name":"Market Insights","item":"https:\/\/alchemymarkets.com\/education\/market-insights\/"},{"@type":"ListItem","position":3,"name":"EUR\/USD Elliott Wave: Temporary New Highs"}]},{"@type":"WebSite","@id":"https:\/\/alchemymarkets.com\/#website","url":"https:\/\/alchemymarkets.com\/","name":"Alchemy Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alchemymarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"}]}},"_links":{"self":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights\/15392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights"}],"about":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/types\/market_insights"}],"author":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/comments?post=15392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media\/15396"}],"wp:attachment":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media?parent=15392"}],"wp:term":[{"taxonomy":"market_insights_categories","embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights_categories?post=15392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}