Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Wave analysis and forecast / Wave Analysis 28.09.2015 (EUR/USD, GBP/USD, USD/JPY, USD/CAD)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Wave Analysis 28.09.2015 (EUR/USD, GBP/USD, USD/JPY, USD/CAD)

28.09.2015
297

Forecast for September 28th, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar continues falling in the large descending impulse [iii] of 1 of (C). Most likely, right now the pair is forming another local correction, which may be followed by a further decline of the price.



Probably, after completing another five-wave descending structure i of (iii) of [iii], the pair has started forming the local correction ii of (iii) of [iii]. In the nearest future, the market is expected to continue falling.




GBP USD, “Great Britain Pound vs US Dollar”

Most likely, Pound is about to finish the wave i of (iii) of [iii], after which the market may grow for a while in the local correction ii of (iii) of [iii].



Pound has finished the long descending impulse i of (iii) of [iii], which may be followed by the short-term ascending correction ii of (iii) of [iii], probably in the form of the ascending zigzag.




USD JPY, “US Dollar vs Japanese Yen”

Yen continues moving sideways; probably the price has just finished the large horizontal triangle [iv] of C of (2). In the nearest future, the market is expected to move downwards.



After completing the horizontal triangle [iv] of C of (2), Yen has started forming the descending wave [v] of C of (2). In the future, the market is expected to continue falling and reach a new local high.




USD CAD, “US Dollar vs Canadian Dollar”

The main forecast remains the same – probably, the pair has just finished the first initial impulse (i) of [v] of 3, and after finishing the local correction (ii) of [v] of 3, Canadian Dollar is expected to continue moving upwards.



The price has just finished the wave (i) of [v] of 3 with the leading diagonal triangle i of (i) of [v] inside it. Probably, right now the pair is forming the correctional wave b? of (ii) of [v], which may be followed by a short-term decline in the c 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 Members Area.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.