Analysis of the EURUSD Currency Pair for 17.02.2026

Analytics of currency pairs based on modified wave analysis, Fibonacci levels, and price channels.

17.02.2026.     

EURUSD

       The trend is bullish. The currency pair is trading within the range of the 365 and 135 EMAs. A truncated bearish wave structure has formed. The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on the formation of a bullish wave structure, where wave (A) breaks above the descending channel of the truncated bearish structure.

Stop Loss – 1.1832.

Target levels – 1.1880; 1.1920.