EURUSD

Spectrum analysis.

Weekly. Stay bullish till the end of the year.

Daily. Wavelet hunter confirms that the pair entered bearish phase.

Almost the same scenario suggests Q-Spectrum projection line:

Annual cycle analysis.

Meanwhile annual cycle suggests increase this week. This contradiction toward Spectrum's projection might resulted in further consolidation or a very fluctuated move.

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 is developing as corrective cutback prior further growth to 1.3075.

At smaller time frame price needs to drop in corrective wave c of 4 to start further increase.

ZZ structure.

Both ZZs are bullish. The nearest crucial level is blue ZZ low marker at 1.1754. Thus, further increase is expected.