EURUSD

Spectrum analysis.

Weekly. Stay bullish till the end of the year.

Daily. A short-run increase was accomplished in accordance with trading spectrum bounce. So, both Spectrum's lines project further drop till the end of the 1st decade of Sept.

Annual cycle analysis.

Annual cycle suggests decline till Oct. Though, a flat (or even slight growth) in the 1st half of Sept is statistically strong.

Elliott waves analysis.

At weekly time frame we have a long-run triangle that will be resulted into sharp drop below 0.8200. Currently, wave C is in process with the target of accomplishment at 1.3075.

Wave 4 starts developing as corrective cutback prior further growth to 1.3075.

ZZ structure.

Both ZZs are bullish. The nearest crucial level is blue ZZ low marker at 1.1710. Thus, further increase is expected.