Analysis for July 7th, 2015
EUR USD, “Euro vs US Dollar”
Eurodollar is being corrected inside a large descending impulse inside wave [iii] of 1 of (C)
. Later, the market is expected to continue falling.
The pair has finished wave ii of (iii) of [iii]
and in the nearest future may continue moving downwards.
GBP USD, “Great Britain Pound vs US Dollar”
Pound is about to complete the correction inside wave (ii) of [iii] of 1
, after which the market is expected to continue falling.
Probably, the pair has finished wave (ii) of [iii] of 1
in the form of an ascending zigzag
. In the nearest future, the market is expected to reach a new local low.
USD JPY, “US Dollar vs Japanese Yen”
After finishing wave 2 of (5) of 
, Yen is expected to continue growing inside wave 3 of (5) of 
Yen has started forming the first impulse inside wave [i] of 3
. In the future, the market is expected to continue moving upwards.
USD CAD, “US Dollar vs Canadian Dollar”
Probably, Canadian Dollar is finishing wave i of (iii) of [v]
, which may be followed by a local correction.
In the nearest future, the price is expected to finish wave  of i of (iii)
and start a correction inside wave ii of (iii) of [v]
RoboForex Analytical Department