{"id":100713,"date":"2017-01-13T07:02:47","date_gmt":"2017-01-13T12:02:47","guid":{"rendered":"http:\/\/countingpips.com\/?p=100713"},"modified":"2017-01-13T07:03:04","modified_gmt":"2017-01-13T12:03:04","slug":"wave-analysis-13-01-2017-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/01\/wave-analysis-13-01-2017-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 13.01.2017 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
January 13, 2017<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for January 13th<\/sup>, 2017<\/strong><\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n

After finishing the wedge<\/em> in the wave 1<\/strong>, the EUR\/USD pair started a new correction. Probably, the wave 2<\/strong> was also completed in the form of the zigzag<\/em>, which means that the price may resume moving downwards in the third wave. To confirm this scenario, the market has to form the bearish impulse in the wave [i]<\/strong><\/p>\n

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As we can see at the H1 chart, after completing the flat<\/em> in the wave [b]<\/strong>, the pair probably finished the wave [c] of 2<\/strong>and then formed the descending impulse in the wave (i)<\/strong>. As a result, in the nearest future the market may resume falling in the wave (iii) of [i]<\/strong>.<\/p>\n

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 <\/p>\n

GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>

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Yesterday, the GBP\/USD pair completed the second wave in the wave (v) of [v]<\/strong>, which is taking the form of the diagonal triangle<\/em>. Consequently, in the nearest future the market may resume falling in the wave iii of (v)<\/strong> and break the local low.<\/p>\n

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More detailed structure is shown on the H1 chart. It looks like the wave ii<\/strong> took the form of the zigzag<\/em> and was followed by the descending impulse in the wave [A]<\/strong>. As a result, in the nearest future the market may complete the local correction and resume moving downwards in the [C] of iii<\/strong>.<\/p>\n

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USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/strong><\/p>\n

In case of the USD\/JPY pair, the correction continues. Earlier, the price completed the ascending impulse in the wave 1<\/strong>. In the nearest future, the market may continue moving downwards in the wave [c] of 2<\/strong> and, as a result, break yesterday\u2019s low soon.<\/p>\n

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As we can see at the H1 chart, the pair completed the fourth wave in the wave [c]<\/strong>, which is taking the form of the diagonal triangle<\/em>. Consequently, in the nearest future the market may the market may fall in the wave (v) of [c]<\/strong> and break the low of the wave (iii)<\/strong>.<\/p>\n

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 <\/p>\n

AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

Possibly, the previous descending zigzag<\/em> may the wave [i]<\/strong> of the diagonal triangle<\/em> in the wave 5<\/strong>. Probably, the wave [ii]<\/strong> is taking the form of the double zigzag<\/em>. To confirm a new decline, the market has to form the bearish impulse.<\/p>\n

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More detailed structure is shown on the H1 chart. In the nearest future, the ascending impulse in the wave c of (y)<\/strong>may yet continue, but later bears are expected to reverse the price to the downside.<\/p>\n

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 <\/p>\n

RoboForex Analytical Department<\/strong>
\nArticle By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Forecast for January 13th, 2017 EUR USD, \u201cEuro vs US Dollar\u201d After finishing the wedge in the wave 1, the EUR\/USD pair started a new correction. Probably, the wave 2 was also completed in the form of the zigzag, which means that the price may resume moving downwards in the third wave. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-100713","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=100713"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100713\/revisions"}],"predecessor-version":[{"id":100714,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100713\/revisions\/100714"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=100713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=100713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=100713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}