Analysis for June 25th, 2015
The price doesn’t move upwards, so we may assume that it has already completed double three (B) of [Y]. Right now, the pair is forming a large descending impulse inside wave (C) of [Y] and in the future may continue falling. At the same time, we should remember about an alternative scenario (colored in gray), which implies that the market is forming horizontal triangle inside wave (B) of [Y].
EUR USD, “Euro vs US Dollar”
Euro is about to stop moving sideways, and in the nearest future may reach a new local low while forming wave (v) of [i] of 1.
GBP USD, “Great Britain Pound vs US Dollar”Pound has finished (2) of  in the form of zigzag and right now is forming the first impulse and a correction of a large descending wave 1 of (3) of .
The descending movement made by the price from the critical level at 1.5928 can be divided into five waves, and we may assume that it’s a descending impulse inside wave [i] of 1 of (3). After that, the market may form a short-term correction inside wave [ii] of 1 of (3) and then continue falling.
USD JPY, “US Dollar vs Japanese Yen”After completing wave 2 of (5) of  in the form of double three, the pair has chosen to move an alternative scenario. The market is expected to form the first five-wave ascending structure inside wave inside wave [i] of 3 of (5) and a correction inside wave [ii] of 3 of (5) which may be followed by a significant growth inside wave [iii] of 3 of (5).
Probably, the pair has finished the correction inside wave [ii] of 3 of (5), which may be followed by a new local high and growth inside wave [iii] of 3 of (5).
USD CAD, “US Dollar vs Canadian Dollar”After finishing wave (ii) of [v] of 3 in the form of zigzag, the pair has formed an ascending impulse. The price is expected to continue growing and forming wave (iii) of [v] of 3.
Most likely, after completing wave  of i of (iii) and the correction inside wave  of i of (iii), the pair has started extending wave  of i of (iii). Later, the price is expected to continue growing.
RoboForex Analytical Department
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