31 August, 2015
EUR USD, “Euro vs US Dollar”
Obviously, Eurodollar has completed the first five-wave structure [i] of 1 of (C) of the larger descending impulse. After the local correction [ii] of 1 of (C), the price is expected to continue falling and reach new local lows.
Just as we expected, after reaching a new local low in the wave (v) of [i] of 1, Eurodollar has completed the impulse and right now is forming the short-term correction [ii] of 1 of (C). In the nearest future, the market is expected to complete this correction and continue falling.
GBP USD, “Great Britain Pound vs US Dollar”
After finishing the first descending impulse (i) of [iii] of 1, Pound has started the ascending correction, which may be followed by a further decline in the wave (ii) of [iii] of 1.
After completing the wave (i) of [iii] of 1, Pound has formed the ascending correction in the form of the expanded flat. In the nearest future, the price is expected to finish this correction and start a new decline.
USD JPY, “US Dollar vs Japanese Yen”
Yen continues forming the wave (3) of  of a. Most likely, the pair as already completed another first impulse in the larger wave 1 of (3) of . After the local correction, the market is expected to continue moving upwards.
Most likely, the price is extending the wave [iii] of 1 of (3) and has already finished the wave (i) of [iii] of 1 inside it. After completing the correction (ii) of [iii] of 1, the market is expected to continue moving upwards.
USD CAD, “US Dollar vs Canadian Dollar”
Canadian Dollar isn’t showing a serious ascending dynamics, but the main forecast is still bullish. Most likely, in the nearest future the pair may reach new local highs while forming the wave (iii) of [v] of 5.
Probably, the pair has already formed the third first impulse in the large ascending wave [v] of 5. After finishing the correction  of iii of (iii), the price is expected to start continue growing.
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...