{"id":104106,"date":"2017-03-29T08:55:39","date_gmt":"2017-03-29T12:55:39","guid":{"rendered":"http:\/\/countingpips.com\/?p=104106"},"modified":"2017-03-29T07:16:21","modified_gmt":"2017-03-29T11:16:21","slug":"wave-analysis-29-03-2017-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/03\/wave-analysis-29-03-2017-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 29.03.2017 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
March 29, 2017<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

It\u2019s highly likely that the EUR\/USD pair completed the bullish impulse in the wave (c) of [y]<\/strong> and the entire wave 2<\/strong> in the form of the double zigzag<\/em>. As a result, in the nearest future the market has to form the bearish impulse in the wave i<\/strong> in order to confirm a new decline.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the M30 chart. The pair finished is about to finish the fifth wave in the wave i<\/strong>. Consequently, later the market may start a local ascending correction.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

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

Probably, the GBP\/USD pair completed the horizontal triangle<\/em> in the wave (iv)<\/strong>, rebounded from the pattern\u2019s upside border, and started falling fast. After finishing the local correction, the price may start a new decline in the wave iii<\/strong>.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

At the H1 chart, the fifth wave in the wave [C] of e<\/strong> turned out to be truncated<\/em> and was followed by the bearish impulse in the wave i. Consequently, later the price may start forming the correctional wave ii<\/strong>.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

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

At the H4 chart, the USD\/JPY pair completed the descending impulse (a) <\/strong>and started the ascending correction. In the future, the market may form another bearish impulse, this time in the wave (c) of [y]<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, after finishing the wave v of (a)<\/strong>, the pair started the current correction. \u00a0Possibly, the wave (b)<\/strong> is taking the form of the zigzag<\/em>. Consequently, on Wednesday the market may form the ascending impulse in the wave a of (b)<\/strong>.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

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

After rebounding from the upside border of the horizontal triangle<\/em>, the AUD\/USD pair formed the descending impulse in the wave (i)<\/strong>. As a result, after finishing the wave (ii)<\/strong>, the market may resume falling.<\/p>\n

\"\"<\/p>\n

At the H1 chart, the pair formed the descending wedge<\/em> in the wave (i)<\/strong> and, as a result, started the ascending correction. On Wednesday, the price may be corrected in the wave (ii)<\/strong>, but later the market is expected to form another bearish impulse in the wave (iii)<\/strong>.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

Article 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 EUR USD, \u201cEuro vs US Dollar\u201d It\u2019s highly likely that the EUR\/USD pair completed the bullish impulse in the wave (c) of [y] and the entire wave 2 in the form of the double zigzag. As a result, in the nearest future the market has to form the bearish impulse in the […]<\/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-104106","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/104106","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=104106"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/104106\/revisions"}],"predecessor-version":[{"id":104107,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/104106\/revisions\/104107"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=104106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=104106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=104106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}