Article By RoboForex.com
EUR USD, “Euro vs US Dollar”
One of the possible scenarios implies that Euro is forming the final descending wave (E) of [B], which may take the form of a large zigzag. Right now, the pair is expected to start an ascending correction [iv] of A of (E) of [B] of a descending impulse A of (E).
Possibly, the price is finishing a descending impulse [iii] of A, which may be followed by an ascending correction [iv] of A.
Probably, the pair is completing a descending impulse (v) of [iii] of A, which may be followed by an ascending correction [iv] of A.
Probably, Pound completed the final wedge [c] of D of an ascending zigzag D of (B) of a large skewed triangle (B). Right now, the pair is forming the final descending wave E of (B), which may take the form of zigzag.
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Probably, the price is forming an impulse [a] of E of the final descending wave E of (B), which may be followed by an ascending zigzag [b] of E.
Possibly, the pair is completing a descending impulse (v) of [a], which may be followed by an ascending zigzag [b].
One of the possible scenarios implies that Franc is forming the final ascending wave E, which may take the form of a large zigzag. Right now, the price is expected to start a descending correction (iv) of [a] of E of an ascending impulse [a] of E.
Possibly, the pair is finishing an ascending impulse (iii) of [a], which may be followed by a descending correction (iv) of [a].
Probably, the price is completing an ascending impulse v of (iii), which may be followed by a descending correction (iv).
Probably, Yen is about to complete a large ascending impulse (A). Right now, the price is finishing its final ascending impulse 5 of (A).
Possibly, the pair is completing an ascending impulse [iii] of 5, which may be followed by a descending correction [iv] of 5.
Probably, the price is finishing an ascending impulse [iii] of 5, which may be followed by a descending correction [iv] of 5.
RoboForex Analytical Department
Article By RoboForex.com
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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 LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.