Notes
1. To date, Wave Analysis - is the most flexible, powerful and promising tool, which allows for all time intervals to predict the trends that lead to certain changes in the financial schedules
2. One of the properties of this tool is its lack of formalization, on the basis of which, the opinion of the author of this forecast, made on the basis of the Wave Analysis, is always subjective.
3. Since the wave pattern is constantly changing, the forecast based on Wave Analysis reflects the opinion of the author at the time of publication of the forecast.
4. Wave Analysis is not a trading system. This is not a signal generator to enter into or exit from the transaction, thus inflicted on a schematic chart the direction of price movement should not be a trader guide to action for opening positions.
5. In the case of the formation of market conditions, which, according to the author can use to draw up a trading plan, the chart will be further specified levels confirm the scenario, the optimal levels of inputs and the abolition of the selected scenario.
1. Currency pair USD/CHF.
Presumably, the wave iv of (c) and is finished at present, the final, fifth wave - v, an impulse () of [b] is formed. If the assumption is true, within the limits of its construction, the pair will locally fall, then, it is possible to expect a turn of a short-term trend upwards, as impulse or Diagonal Triangle formation [c] of B.
2. Currency pair EUR/USD.
It is not excluded, that the Double Zigzag [b] of B is generated and impulse or Diagonal Triangle construction [c] of B has already begun. However while the price has not overcome acknowledgement level, there is a real probability of continuation of local growth of pair.
3. Currency pair GBP/USD.
It is not excluded, that the wave [b] of X is finished, having taken the form of a Running Flat. If it so it is possible to expect strong movement downwards as an impulse or a Diagonal Triangle [c] X. however while the price has not overcome acknowledgement level, there is a probability of continuation of formation of an impulse (с) of [b].
4. Currency pair USD/JPY.
Presumably, the price has started impulse or Diagonal Triangle formation [C] of v, a Diagonal Triangle (v) of [c] of X. If the assumption is true, within the limits of its construction it is possible to count on continuation of falling of pair in area of a mark 84,00.
Igor Pak.
Analyst of company Admiral Markets.
igor.pak@forextrade.ee
At any use of the analytical material taken from a site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for a dealing centre «Admiral Markets», the reference to a company site is obligatory.
