28 July, 2015
EUR USD, “Euro vs US Dollar”
Probably, Eurodollar has completed the correction inside wave [ii] of 1 of (C), which may be followed by a further decline inside wave [iii] of 1 of (C).
The pair has finished double three inside the correctional wave [ii] of 1 of (C), which may be followed by a significant decline and several new local lows.
GBP USD, “Great Britain Pound vs US Dollar”
Most likely, Pound has finished the local correction inside wave [iii] of 1 of (3), which may be followed by a significant decline.
Wave ii of (i) of [iii] has taken the form of an ascending zigzag. In the nearest future, the market is expected to continue falling inside wave iii of (i) of [iii].
USD JPY, “US Dollar vs Japanese Yen”
Yen has finished a descending zigzag inside wave [ii] of 3 of (5) and right now is starting to form an ascending impulse inside wave [iii] of 3 of (5).
Wave [ii] of 3 of (5) has taken the form of a descending zigzag, which may be followed by a new ascending movement inside wave [iii] of 3 of (5).
USD CAD, “US Dollar vs Canadian Dollar”
It’s quite difficult moment to identify waves. There are no signals that Canadian Dollar has finished wave (iii) of [v] of 3. In the nearest future, the market is expected to start a sideways correction inside wave (iv) of [v] of 3.
The pair continues forming ending diagonal triangle inside wave  of v of (iii), the form of which is far from classical rules and requirements of Elliot wave principle. The market is expected to reach a new local low and start a sideways correction inside wave (iv) of [v] of 3.
RoboForex Analytical Department
Eurodollar has almost reached the target of its ascending wave. We think, today, the price may continue forming its consolidation channel at the top of this ascending structure. Possibly, the pair may reach 1.0997...
Eurodollar is still forming an ascending structure, which may be considered as the fourth correctional one inside the descending wave. We think, today, the price may complete the current growth by reaching 1.0997 and then start falling to form the fifth structure with the target at 1.0752...
The euro dollar currency is trading with a decline today. The channel of the fourth component of growth is breaking through. The next step is the fifth with a target at the level of 1.0752. Next, we consider the possibility of the correction returning to the level of 1.0900...
Eurodollar has almost completed the correction. We think, today, the price may form another descending structure to reach 1.0752 and then return to 1.0900...
Eurodollar is consolidating close to Super Trends, which may soon form bearish cross to confirm a new decline of the price. The closest target is at the 0/8 level. If later the par breaks this level, it may continue falling much deeper...
Eurodollar has expanded its trading range downwards and returned to the center of the channel. We think, today, the price may be corrected towards 1.0914 to test it from below and the form another descending wave with the target at 1.0742...
After finishing the wave [a], the pair has started a new local correction. Earlier, the price completed the descending impulse in the wave 3 or C. Later, Eurodollar may complete the wave [b] and start forming the ascending impulse in the wave [c] of 4...
Eurodollar has finished another descending structure to expand its consolidation channel downwards. We think, today, the price may return to 1.0984. Later, in our opinion, the market may rebound from this level and continue falling inside the downtrend towards 1.0770...
Eurodollar is expanding its consolidation channel upwards. We think, today, the price may prefer to move according to an alternative scenario and grow to reach 1.1068. Later, in our opinion, the market may fall and expand the channel downwards to reach 1.0925...