{"id":64161,"date":"2014-11-24T07:54:13","date_gmt":"2014-11-24T12:54:13","guid":{"rendered":"http:\/\/countingpips.com\/?p=64161"},"modified":"2014-11-24T07:54:13","modified_gmt":"2014-11-24T12:54:13","slug":"the-pair-continues-falling-usdcad-wave-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/the-pair-continues-falling-usdcad-wave-analysis\/","title":{"rendered":"The pair continues falling. USD\/CAD wave analysis"},"content":{"rendered":"
November 24, 2014<\/div>
\r\n<\/div><\/div>

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

Analysis for November 24th<\/sup>, 2014<\/h2>\n

\"\"<\/p>\n

In our previous review, \u201cBeginning of a descending zigzag. Wave analysis of USD\/CAD for 14.11.2014\u201d, we discussed one of the possible scenarios how the price may form a descending zigzag<\/em> (c) of [iv]<\/strong>.<\/p>\n

\"\"<\/p>\n

The wave structure on the H4 chart implies that the price continues forming a descending zigzag <\/em>(c) of [iv]<\/strong>. Right now, the pair is forming its first \u201cleg\u201d a of (c)<\/strong>.<\/p>\n

\"\"<\/p>\n

Our mid-term expectations haven\u2019t changed so far. The market continues forming a descending correction [iv] of C of (C)<\/strong>, which is probably taking the form of a running horizontal pattern. Possibly, the pair has already started forming its descending zigzag<\/em> (c) of [iv]<\/strong> with the target lower than 1.100. If this assumption is correct, then after this triangle<\/em> [iv] of C<\/strong>, the market may make the final ascending movement inside wave [v] of C<\/strong>.<\/p>\n

However, at the same time one should remember that any possible scenario is subjective and the market may move in a completely different direction.<\/p>\n

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

Article By RoboForex.com<\/span><\/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

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for November 24th, 2014 In our previous review, \u201cBeginning of a descending zigzag. Wave analysis of USD\/CAD for 14.11.2014\u201d, we discussed one of the possible scenarios how the price may form a descending zigzag (c) of [iv]. The wave structure on the H4 chart implies that the price continues forming a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-64161","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64161","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=64161"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=64161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=64161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=64161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}