EURUSD wave analysis and forecast for 10.07 - 18.07: Chance of decrease in pair. Alleged Pivot at 1.3700. Our opinion: Selling a couple of corrections, below the level of 1.3700, with the aim of 1.34 - 1.33. Alternative scenario: Break of 1.3700 low will allow growth to continue to marks 1.3750 - 1.38. Analysis: Presumably, the formation of a local correction in the second wave (ii), which took the form of an irregular plane. Locally formed small lead-in pulse and shallow ends bullish correction in the second wave ii of (ii). If the assumption is true, the pair will continue to decline in the third wave. Critical for this scenario is the level of 1.3700. In case of breakdown, we obtain an extension of the pair, and the deepening of the correction in the second wave of senior marks to 1.3750 - 1.38. GBPUSD wave analysis and forecast for 10.07 - 18.07: Chance of decrease in pair. Alleged Pivot at 1.7180. Our view: Sell the pair below 1.7083 level, with the aim of 1.69 - 1.68. Alternative scenario: Break and consolidation above 1.7180 level, allow the price to continue to rise to the level of 1.73. Analysis: Presumably, formation of the ascending impulse at the fifth final wave of senior level. At the moment, it is possible that the price forms a U-turn and small zahodnye wave down. If the assumption is true, and the price will not break the critical level of 1.7180, the pair will decline to 1.70 marks - 1.69. Otherwise, the price will continue to rise to the level of 1.73, extending the wave structure of the fifth wave. USDCHF wave analysis and forecast for 10.07 - 18.07: The probability of the pair. Alleged Pivot at 0.8854. Our view: Buy a couple of corrections above 0.8854 level, with the aim of 0.9150 - 0.9200. Alternative scenario: Break of 0.8854 will allow the pair to continue to fall to levels of 0.88 - 0.8750. Analysis: Presumably, the formation of a local correction as a second wave. Locally formed small lead-in pulse and shallow ends bear correction. If the assumption is true, and the price will not break the critical level of 0.8854, the pair will continue to rise in the third wave. Break the critical level will further reduce prices and deepening correction senior level to marks 0.88 - 0.8750. USDJPY wave analysis and forecast for 10.07 - 18.07: The probability of the pair. Expected turnaround point is at 101.20. Our view: Buy a couple of corrections above 101.20 for the purpose of 103.00. Alternative scenario: Break of 101.20 will allow the pair to continue to decline to around 100.50. Analysis: As part of the day timeframe, it is possible that there is a formation of horizontal correction as wave (B), which can take the form of a triangle. At the moment, supposedly there is a formation of wave C as a double zigzag. Locally, in all probability, begins the formation of the third wave zigzag (c). If the assumption is true, then the pair will continue to rise in the district-level 103.00. Critical for this scenario is the level of 101.20. USDCAD wave analysis and forecast for 10.07 - 18.07: The probability of the pair. Alleged Pivot at 1.0616. Our view: Buy the pair above 1.0616, with the aim of 1.09 - 1.10. Alternative scenario: Break of 1.0616 will allow the pair to continue to decline to around 1.0550. Analysis: Presumably, formation of a downward correction in the framework of the fourth wave. Locally, probably completed the formation of the first lead-in waves, and if the assumption is true, then the pair will continue to grow without breaking critical level of 1.0616. Otherwise, the pair will continue to decrease the level of 1.0550, within the extension of the wave with 4. Yahoo ID : pforexorg Skype/Gtalk : pforex.org Email : [email protected] Cash Back or Rebate = 50% of IB Commission https://pforex.org/ https://pforex/
Posted on: Sat, 12 Jul 2014 07:24:34 +0000
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