{"id":71284,"date":"2015-04-20T07:49:00","date_gmt":"2015-04-20T11:49:00","guid":{"rendered":"http:\/\/countingpips.com\/?p=71284"},"modified":"2015-04-20T07:49:00","modified_gmt":"2015-04-20T11:49:00","slug":"wave-analysis-20-04-2015-eurusd-gbpusd-usdjpy-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/04\/wave-analysis-20-04-2015-eurusd-gbpusd-usdjpy-usdcad\/","title":{"rendered":"Wave Analysis 20.04.2015 (EUR\/USD, GBP\/USD, USD\/JPY, USD\/CAD)"},"content":{"rendered":"
April 20, 2015<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for April 20th<\/sup>, 2015<\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n

Probably, Euro has completed double zigzag<\/em> inside wave (ii) of [v] of 3<\/strong> and in the nearest future may start falling inside wave (iii) of [v] of 3<\/strong>.<\/p>\n

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Most likely, in the nearest future, Euro will reach new local lows while forming wave (iii) of [v] of 3<\/strong>. We can be more sure about a new descending movement only after the pair is able to stay below the confirming level (crimson line on the chart).<\/p>\n

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GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/h2>\n

Pound is finishing a large correction inside wave 2 of (3)<\/strong> in the form of flat<\/em>. To complete it, the pair needs one more ascending impulse.<\/p>\n

\"\"<\/p>\n

Probably, right now the market is forming wave (iv) of [c] of 2<\/strong>, which may be followed by one more ascending movement, after which the pair is expected to complete this large correction in the form of flat<\/em>. However, an alternative scenario (colored in gray) implies that the market has already finished wave 2 of (3)<\/strong>.<\/p>

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USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/h2>\n

The scenario, according to which the pair has already started forming wave [iii] of 3 of (5)<\/strong>, hasn\u2019t been confirmed yet. It looks like Yen is still form the correction inside wave [ii] of 3<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, there are no any clear ascending impulses, which means that the pair is still forming the correction inside wave [ii] of 3 of (5)<\/strong>. Right now, the market is forming its wave c of (y) of [ii]<\/strong>, may be in the form of ending diagonal<\/em>.<\/p>\n

\"\"<\/p>\n

USD CAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/h2>\n

The pair made a fast ascending movement last Friday, which means that it completed wave [4] of iii<\/strong> in the form of zigzag<\/em>. Right now, the price is forming waves (1)<\/strong> and (2)<\/strong> inside wave [5] of iii<\/strong>.<\/p>\n

\"\"<\/p>\n

After finishing wave (1) of [5] of iii<\/strong>, the pair is being corrected inside wave (2) of [5] of iii<\/strong>. Most likely, in the nearest future the pair will continue growing.<\/p>\n

\"\"<\/p>\n

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

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Article By RoboForex.com Analysis for April 20th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Probably, Euro has completed double zigzag inside wave (ii) of [v] of 3 and in the nearest future may start falling inside wave (iii) of [v] of 3. Most likely, in the nearest future, Euro will reach new local lows while […]<\/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-71284","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71284","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=71284"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71284\/revisions"}],"predecessor-version":[{"id":71285,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71284\/revisions\/71285"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=71284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=71284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=71284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}