Elliott Wave Forecast Team
ElliottWave-Forecast.com
The EURO STOXX 50 tracks the Eurozone’s supersector leaders, resulting in a diversified and liquid portfolio. The index’s weighting is based on free-float market capitalization, with a maximum weight of 10 percent per constituent. The blue-chip benchmark underlies more than 25 billion euros in ETF assets, while futures and options on the index are the most actively traded equity index derivatives on Eurex. More than 160,000 structured products are linked to the EURO STOXX 50.
EURO STOXX formed a peak in 2000 which was followed by a 9 years’ long correction which ended in 2009. It has since been edging higher gradually and has finally managed to make a new high above 2000 peak in 2025 to officially mark the start of a new bull run in the Index. EURO STOXX bulls waited 25 years to retake the 2000 high and now it’s time for them to celebrate with Index looking bullish for higher targets. Let’s take a look at the key takeaways from this break.
Euro Stoxx monthly Elliott Wave chart
EURO STOXX Breaks Above 2000 peak after 25 years – This marks an end to a prolonged period of depression for the Index bulls but now it’s time for them to party as the Index is starting a new long-term bullish cycle.
Break above 2000 peak creates an incomplete bullish sequence and makes the Index bullish. Cycle from 1987 – 2000 lasted 13 years. Cycle from 2009 low is already bigger in time than the 1987 – 2000 cycle. This cycle is arelady in year 16, 161.8% Fibonacci time extension will be reached in November 2028.
Rally since 2009 low is incomplete and has not yet reached 100 0 123.6% Fibonacci extension area between 5861 – 6478. Rally since October 2022 low also has an incomplete swing sequence and pull backs should be a buying opportunity. Sellers should stay away as far as October 2022 low remains intact.
Buyers should be in control as far as August 2024 and October 2022 lows remain intact. Any pull backs which reach 100 – 161.8% Fibonacci extension area should be a gift for buyers and an opportunity to take a good entry in the market to catch the next leg up in the Index.
Long-term target is between 7281 – 8587 which is 100 – 123.6% Fibonacci extension area of 1987 – 2000 cycle projected higher since 2009 low. This represents a minimum gain of 33.7% from current levels even if only the lower level at 7281 is reached.
FURTHER DISCLOSURES AND DISCLAIMER CONCERNING RISK, RESPONSIBILITY AND LIABILITY Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of xperience and risk appetite. Do not invest or trade capital you cannot afford to lose. EME PROCESSING AND CONSULTING, LLC, THEIR REPRESENTATIVES, AND ANYONE WORKING FOR OR WITHIN WWW.ELLIOTTWAVE- FORECAST.COM is not responsible for any loss from any form of distributed advice, signal, analysis, or content. Again, we fully DISCLOSE to the Subscriber base that the Service as a whole, the individual Parties, Representatives, or owners shall not be liable to any and all Subscribers for any losses or damages as a result of any action taken by the Subscriber from any trade idea or signal posted on the website(s) distributed through any form of social-media, email, the website, and/or any other electronic, written, verbal, or future form of communication . All analysis, trading signals, trading recommendations, all charts, communicated interpretations of the wave counts, and all content from any media form produced by www.Elliottwave-forecast.com and/or the Representatives are solely the opinions and best efforts of the respective author(s). In general Forex instruments are highly leveraged, and traders can lose some or all of their initial margin funds. All content provided by www.Elliottwave-forecast.com is expressed in good faith and is intended to help Subscribers succeed in the marketplace, but it is never guaranteed. There is no “holy grail” to trading or forecasting the market and we are wrong sometimes like everyone else. Please understand and accept the risk involved when making any trading and/or investment decision. UNDERSTAND that all the content we provide is protected through copyright of EME PROCESSING AND CONSULTING, LLC. It is illegal to disseminate in any form of communication any part or all of our proprietary information without specific authorization. UNDERSTAND that you also agree to not allow persons that are not PAID SUBSCRIBERS to view any of the content not released publicly. IF YOU ARE FOUND TO BE IN VIOLATION OF THESE RESTRICTIONS you or your firm (as the Subscriber) will be charged fully with no discount for one year subscription to our Premium Plus Plan at $1,799.88 for EACH person or firm who received any of our content illegally through the respected intermediary’s (Subscriber in violation of terms) channel(s) of communication.
Recommended content
Editors’ Picks
EUR/USD remains offered and challenges 1.0800
The intense recovery in the US Dollar keeps the price action in the risk complex depressed, forcing EUR/USD to recede further and put the key support at 1.0800 to the test on Friday.
GBP/USD breaks below 1.2900 on stronger Dollar
Persistent buying pressure on the Greenback has pushed GBP/USD to multi-day lows below the 1.2900 level, as investors continue to digest the recent interest rate decisions from both the Fed and the BoE.
Gold meets support around the $3,000 mark
The combined impact of a stronger US Dollar, continued profit taking, and the effects of Quadruple Witching weighed on Gold, pulling its troy ounce price down to around the pivotal $3,000 level on Friday.
US SEC Crypto Task Force to host the first-ever roundtable on crypto asset regulation
The US Securities and Exchange Commission (SEC) Crypto Task Force will host a series of roundtables to discuss key areas of interest in regulating crypto assets. The “Spring Sprint Toward Crypto Clarity” series’ first-ever roundtable begins on Friday.
Week ahead – Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.