EURUSD Wave Analysis and Forecast of the 21.11 - 28.11: Expect growth of pair. The estimated turning point is at 1.2356. Our view: Buy a couple of corrections above 1.2356, with the goals of 1.28 - 1.2850. Alternative scenario: The breakdown and fixing prices below the level of 1.2356, the pair will help to continue to fall to 1.2300 marks - 1.2250. Analysis: The formation of the bull correction within wave 2, the senior level. At this point, apparently formed as the first wedge filar wave (i) of a of 2 and develops local correction as the second wavelength (ii) a junior level. If the assumption is true, and the price is not breaking critical level of 1.2356, after its end it is logical to expect continuation of growth of pair to marks 1.28 - 1.2850. GBPUSD Wave Analysis and Forecast of the 21.11 - 28.11: Expected completion bear trend and the beginning of the big bull correction. The estimated turning point is at 1.5735. Our view: short - selling a pair below 1.5730 with 1.5520 purpose. Medium-term - expected completion of the fifth wave in the presence of confirming signals, buy the pair above 1.5735, with the objectives of 1.5920 - 1.6150. Alternative scenario: Continued reduction pair within the bearish trend. Analysis: Presumably, formation of the fifth wave v of A, under the bearish wedge. Locally, apparently ended in shallow correction as the fourth wave (iv), and begin the final fifth wave (v). If the assumption is true, after its end, will start a large-scale correction in the second wave of the senior level, to the levels of 1.6160 - 1.6360. USDCHF wave analysis and forecast at 21.11 - 28.11: the pair is expected to decline. The estimated turning point is at 0.9740. Our view: Expected completion correction ii of A, and sell the pair below 0.9740, with the aim of 0.9400 - 0.9350. Alternative scenario: The breakdown and fixing prices above the level of 0.9740, the pair will help to continue the growth marks of 0.98 - 0.9850. Analysis: Presumably, completed the formation of the fifth wave of the rising pulse (A) within the day time frame. Locally, apparently formed the first filar wave i of A, in the form of a wedge, and there is a formation of correction within wave ii of A. If the assumption is true, and the price is not breaking critical level of 0.9740, after the completion of the correction, it is logical to expect a continuation reducing pair to 0.9580 marks - 0.95. USDJPY Wave Analysis and Forecast of the 21.11 - 28.11: Expected development of the bear correction. The estimated turning point is at 119.0. Our opinion: Selling a couple of corrections below the level for the purpose of 117.0 119.0 - 118.0. In case of breakdown at the level 114.80, sell the pair with the aim 115.50 - 114.0. Alternative scenario: The breakdown and fixing prices above the level of 119.0, will allow the pair to continue to grow, to marks 119.50 - 120.0. Analysis: Expected end formation of bullish momentum in the third wave of senior level iii of 3. Locally, apparently completed the development of the fifth wave of junior level v of (v) of iii, forming a U-turn and the first wave of the future zahodnye correction within fourth wave. If the assumption is confirmed, and the price at the time of the correction is not breaking critical level of 119.0, it is logical to expect the pair to decline marks 115.50 - 113.80. USDCAD wave analysis and forecast for 21.11 - 28.11: the pair is expected to decline. The estimated turning point is at 1.1367. Our opinion: Selling a couple of corrections, below the level of 1.1367 with a view to 1.1120. Alternative scenario: The breakdown and fixing prices above 1.1367 will allow the pair to continue to grow to marks 1.1464 - 1.1570. Analysis: Presumably, development of bear correction within the fourth wave (4) senior level. Locally, apparently, is the formation of the third wave of junior iii of A, in which the development is expected to decrease and the pulse as a wave (iii) of iii. If the assumption is true, and the price is not breaking critical level of 1.1367, the pair will continue to decline to around 1.1120.
Posted on: Sat, 22 Nov 2014 05:06:17 +0000
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