RoboForex - Analytics

RoboForex

893.25 5.25/10
77% of positive reviews
Real
How to join the service?

Wave Analysis 16.06.2015 (EUR/USD, GBP/USD, USD/JPY, USD/CAD)

Analysis for June 16th, 2015

EUR USD, “Euro vs US Dollar”

Euro is still being corrected inside wave (B) of [Y]. Probably, right now, the pair is forming wave [x] of X of (B), which may be followed by a descending zigzag inside wave [y] of X of (B).



Probably, the pair has finished wave ii of (a) of [y] and in the nearest future may reach a new local low and continue falling.




GBP USD, “Great Britain Pound vs US Dollar”

Pound continues forming double three inside wave (2) of [3]. It looks like right now the pair is finishing the correction inside wave [x] of X of (2). In the future, the market is expected to move downwards.



Most likely, wave v of (c) of [x] is taking the form ending diagonal triangle, after which the pair may continue falling.




USD JPY, “US Dollar vs Japanese Yen”

Probably, Yen is still being corrected inside wave 2 of (5) of [5]. In the future, the market is expected to reach a new local low.



The situation hasn’t changed much. After finishing leading diagonal triangle (a) of [y] of 2 and the correction inside wave (b) of [y] of 2, the pair is expected to continue falling inside wave (c) of [y] of 2.




USD CAD, “US Dollar vs Canadian Dollar”

Most likely, Canadian Dollar hasn’t finished the correction inside wave (ii) of [v] of 3 yet. Most likely, the correction is taking the form of double zigzag. In the future, the market is expected to continue moving downwards.



After finishing wave w of (ii) of [v], the price has completed wave x of (ii) of [v] in the form of double zigzag. In the nearest future, the market is expected to continue falling and forming wave y of (ii) of [v].



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Live Account.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree