Wave Analysis 25.05.2015 (EUR/USD, GBP/USD, USD/JPY, USD/CAD)

May 25, 2015

EUR USD, “Euro vs US Dollar”

Euro continues moving downwards inside wave (3) of [C]. Right now, the price is extending wave [iii] of 1 of (3). In the nearest future, the market is expected to continue falling.

The price is finishing wave (i) of [iii] of 1, and most likely, in the nearest future the pair will form a short-term correction inside wave (ii) of [iii] of 1.

GBP USD, “Great Britain Pound vs US Dollar”

Pound has started falling inside wave (3) of [3]. Right now, the pair is extending wave [iii] of 1 of (3). Later, the market is expected to continue moving downwards.

The pair is about to complete wave (i) of [iii] of 1. In the nearest future, the market is expected to form a short-term ascending zigzag inside (ii) of [iii] of 1 and then continue falling.

USD JPY, “US Dollar vs Japanese Yen”

Yen continues moving upwards inside wave (5) of [5]. Probably, after finishing wave 1 of (5) of [5] and correction inside wave 2 of (5) of [5], the market has started extending wave 3 of (5) of [5].

Most likely, the pair has finished wave [i] of 3 of (5), which may be followed by a short-term correction inside wave [ii] of 3 of (5). Later, the market is expected to continue growing.

USD CAD, “US Dollar vs Canadian Dollar”

The price is still forming an ascending impulse inside wave [v] of 3. Right now, the pair is extending wave (iii) of [v] of 3. In the nearest future, the market is expected to continue growing.

Probably, the price has completed wave I of (iii) of [v], which may be followed by a short-term descendingzigzag inside wave ii of (iii) of [v]. After completing it, the market may continue moving upwards.

RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

February 27, 2017
EURUSD dropping perfectly, remain bearish
Price is dropping nicely towards our profit target. We remain bearish below 1.0604 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a further push down to 1.0494 (Fibonacci extension, horizontal support)...
February 27, 2017
Gold reached three-month highs
Spot gold remained on strong bullish footing on Friday. After an Asian flat the price got an upward impetus in the European morning...
February 24, 2017
Gold surges to major $1250 resistance as uncertainty prevails
Gold surged Thursday on a breakout of its previous consolidation to hit and slightly exceed major technical resistance at $1250, a level not seen since early November...

Exness Rating
FX Giants Rating
FOREX.com Rating
FxPro Rating
OctaFX Rating
Larson&Holz IT Ltd Rating

First Binary Option Service Rating
EZTrader Rating
Beeoptions Rating
OptionFair Rating
Binary.com Rating
Banc De Binary Rating