{"id":76506,"date":"2015-08-07T08:20:06","date_gmt":"2015-08-07T12:20:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=76506"},"modified":"2015-08-07T08:20:06","modified_gmt":"2015-08-07T12:20:06","slug":"wave-analysis-07-08-2015-eurusd-gbpusd-usdjpy-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/wave-analysis-07-08-2015-eurusd-gbpusd-usdjpy-usdcad\/","title":{"rendered":"Wave Analysis 07.08.2015 (EUR\/USD, GBP\/USD, USD\/JPY, USD\/CAD)"},"content":{"rendered":"
August 7, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 7th<\/sup>, 2015<\/p>\n

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

By now, Eurodollar has already formed three first waves inside a larger descending impulse, and it makes the wave structure a bit more complicated. However, after finishing the local correction ii of (iii) of [iii]<\/strong>, the pair is expected to start a significant decline.<\/p>\n

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Wave ii of (iii) of [iii]<\/strong> is taking the form of an ascending double zigzag<\/em>, which lacks one more five-wave ascending structure to be completed. In the nearest future, the price is expected to finish this correctional pattern and continue moving downwards.<\/p>\n

\"\"<\/p>\n

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

Just as we expected, Pound has broken its flat<\/em> downwards and, probably, started a significant decline. In the nearest future, the price is expected to continue moving downwards and finish wave (i) of [iii] of 1<\/strong>.<\/p>\n

\"\"<\/p>\n

Wave (4) of [3] of iii<\/strong> is taking the form of horizontal triangle<\/em>, which may be followed by a descending movement and completion of wave [3] of iii of (i)<\/strong>.<\/p>

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

The situation isn\u2019t changing. Yen is expected to continue growing inside wave [iii] of 3 of (5)<\/strong>.<\/p>\n

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Probably, the pair has finished wave [4] of iii of (iii)<\/strong>, which may be followed by a new local high and completion of wave [5] of iii of (iii)<\/strong>.<\/p>\n

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

Canadian Dollar continues forming wave ii of (v) of [v]<\/strong>, which may be followed by a fast growth inside waveiii of (v) of [v]<\/strong>.<\/p>\n

\"\"<\/p>\n

The market is still forming ii of (v) of [v]<\/strong> in the form of a descending zigzag<\/em>, which may be followed by a fast growth inside wave iii of (v) of [v]<\/strong>.<\/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

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Article By RoboForex.com Analysis for August 7th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d By now, Eurodollar has already formed three first waves inside a larger descending impulse, and it makes the wave structure a bit more complicated. However, after finishing the local correction ii of (iii) of [iii], the pair is expected to start […]<\/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-76506","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76506","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=76506"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76506\/revisions"}],"predecessor-version":[{"id":76507,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76506\/revisions\/76507"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=76506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=76506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=76506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}