21 October, 2015
EUR USD, “Euro vs US Dollar”
So, probably the price is finishing the local correction inside the large descending impulse. After that, Eurodollar is expected to start a significant decline in the wave iii of (iii) of [iii].
Just as we expected, the pair has formed the ascending zigzag ii of (iii) of [iii], which may be followed by a significant descending movement in the wave iii of (iii) of [iii].
GBP USD, “Great Britain Pound vs US Dollar”
The situation isn’t changing. Most likely, Pound has completed the short-term ascending correction ii of (iii) of [iii], which may be followed by a significant decline in the wave iii of (iii) of [iii].
Pound is moving below the critical level. The market has formed the leading diagonal triangle (1) of  of iiiand the short-term ascending correction after it. In the future, the market is expected to continue its long decline in the wave iii of (iii) of [iii].
USD JPY, “US Dollar vs Japanese Yen”
Despite the fact that the current local growth is quite long, the main scenario remains the same. In the nearest future, Yen is expected to move downwards in the wave iii of (iii) of [v].
Yen has moved very close to the critical level, thus completing the local correction ii of (iii) of [v]. in the nearest future, the market is expected to finish this correction and start a serious decline in the wave iii of (iii) of [v].
USD CAD, “US Dollar vs Canadian Dollar”
The price has finished another local correction inside the large descending correction. After that, Canadian Dollar is expected to continue falling and form the wave (iii) of [a] of 4.
The pair has completed the local correction ii of (iii) of [a], which may be followed by a serious decline in the wave iii of (iii) of [a].
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...