Wave Analysis 25.04.2014 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)

25.04.2014

Analysis for April 25th, 2014

EUR USD, “Euro vs US Dollar”

Probably, Euro is finishing diagonal triangle[v] of C of (D) of ascending zigzag(D) of [B], which may be followed by final descending zigzag(E) of [B].



Possibly, price is finishing ascending zigzag(v) of [v] of C of (D). Right now, price is expected to start its ascending wave c of (v) of [v] of C of (D).



Probably, pair started forming final ascending wave c of (v). However, this assumption hasn’t been confirmed, and pair may yet change the ending of correction b of (v)




GBP USD, “Great Britain Pound vs US Dollar”

Probably, Pound is completing final wedge[c] of D of ascending zigzagD of (B) with extension in its first wave (i) of [c]. After completing zigzagD of (B), price is expected to start final descending zigzagE of (B).



Possibly, pair is finishing final ascending impulse (v) of [c] of D. Right now, price is expected to start ascending wave v of (v) of [c].



Probably, price is finishing local horizontal correction iv of (v), which may be followed by ascending wave v of (v).




USD CHF, “US Dollar vs Swiss Franc”

Probably, Franc is completing diagonal triangle (v) of [c] of D of descending zigzagD of (4), which may be followed by final ascending zigzagE of (4).



Possibly, price is forming final descending zigzagv of (v) of [c] of D. Right now, pair is expected to form its descending wave [C] of v of [c].



Probably, pair finished ascending correction [B] of v in the form of zigzag, which may be followed by descending impulse or diagonal triangle[C] of v. However, this assumption hasn’t been confirmed, and pair may yet change the ending of correction [B] of v.




USD JPY, “US Dollar vs Japanese Yen”

Probably, Yen finished long horizontal correction 4 of (A). In this case, price is expected to start final ascending movement inside wave 5 of (A).



Probably, pair completed skewed triangle4 of (A) and started forming final ascending wave 5 of (A).



Possibly, price is forming final ascending wave 5; pair has already finished diagonal triangle[i] of 5. If this assumption is correct, then after completing local descending correction [ii] of 5, pair may continue growing up inside impulse [iii] of 5.



 
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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.