Wave Analysis 03.09.2015

September 3, 2015

EUR USD, “Euro vs US Dollar”

The situation hasn’t changed over the last 24 hours. Most likely, Eurodollar has finished the correction [ii] of 1 of (C), which may be followed by a large descending impulse in the wave [iii] of 1 of (C).

After finishing the wave [ii] of 1 of (C), the price is moving below the critical level. Probably, in the nearest future the market may first five-wave descending structures in the wave [iii] of 1 of (C), which may beextended.

GBP USD, “Great Britain Pound vs US Dollar”

Pound continues falling slowly without any serious pullbacks. Most likely, the pair has finished waves i of (iii) of [iii] and ii of (iii) of [iii] which may be followed by a further decline.

Most likely, Pound has completed first wave of the extension in the wave (iii) of [iii] of 1. After the correction ii of (iii) of [iii], the price is expected to continue moving downwards.

USD JPY, “US Dollar vs Japanese Yen”

The situation hasn’t changed over the last 24 hours. The main forecast remains the same: in the nearest future. Yen is expected to start forming the ascending impulse [iii] of 1 of (3), which may be extended.

Probably, the price has finished the wave (ii) of [iii] of 1 and is starting growing in the large ascending impulse [iii] of 1 of (3). In the future, the market is expected to continue moving upwards.

USD CAD, “US Dollar vs Canadian Dollar”

Canadian Dollar continues growing in the wave iii of (iii) of [v] with quite fast downside pullbacks. Nevertheless, the bullish forecast remains in effect: in the nearest future, the pair is expected to continue moving upwards.

The pair has finished the wave ii of (iii) of [iii] and right now continues moving inside the main trend. In the future, the market may continue growing.

Publication source
RoboForex information  RoboForex reviews

December 9, 2016
Euro slips as ECB extends QE by 9-months
The single currency was weaker after the European Central Bank decided yesterday that it would continue with its bond purchases program. The ECB extended its QE plans from March 2017 to the end of the year...
December 9, 2016
The global stock market rally
The global stock market rally, which was underpinned by further ECB stimulus measures yesterday and a rise in oil prices, continued in Asia overnight, with most markets moving higher...
December 9, 2016
Markets throw caution to the wind
Markets have thrown caution to the wind when it comes to movements as of late as once again US equities set the scene with another stellar rise, though not as big as yesterdays...

Larson&Holz IT Ltd Rating
Fort Financial Services Rating
XM Rating
Tickmill Rating
FBS Rating
Vantage FX Rating

Empire Option Rating
OptionBit Rating
TopOption Rating
Grand Option Rating
Anyoption Rating
Porter Finance Rating