{"id":82623,"date":"2015-12-17T07:22:17","date_gmt":"2015-12-17T12:22:17","guid":{"rendered":"http:\/\/countingpips.com\/?p=82623"},"modified":"2015-12-17T07:22:17","modified_gmt":"2015-12-17T12:22:17","slug":"wave-analysis-17-12-2015-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/wave-analysis-17-12-2015-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 17.12.2015 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
December 17, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for December 17th<\/sup>, 2015<\/p>\n

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

After finishing the wave [a]<\/strong>, the pair has started a new local correction. Earlier, the price completed the descending impulse in the wave 3 or C<\/strong>. Later, Eurodollar may complete the wave [b]<\/strong> and start forming the ascending impulse in the wave [c] of 4<\/strong>.<\/p>\n

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As we can see at the H1 chart, the price has finished the fifth wave in the wedge<\/em> [a]<\/strong> and then the descending impulse in the wave (a)<\/strong>. Right now, the pair is falling in the wave (c) of [b]<\/strong>. On Thursday, the market may continue moving downwards.<\/p>\n

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

Pound continues forming the wave [ii]<\/strong>, which may take the form of the zigzag<\/em>. Earlier, the price completed the wedge<\/em> in the wave (a)<\/strong>. In the nearest future, after finishing the wave (b)<\/strong>, the pair may start forming the impulse in the wave (c) of [ii]<\/strong>.<\/p>\n

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More detailed structure is shown on the H1 chart. After finishing the wedge<\/em> in the wave (a)<\/strong>, Pound has started a new correction. On the minor wave level, the price has completed the impulse in the wave a<\/strong> and may start a new local correction in the wave b.<\/strong><\/p>

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

At the H4 chart, Yen has finished the descending impulse in the wave (i)<\/strong>. At the moment, the pair is being corrected in the wave (ii)<\/strong>. in the nearest future, the market may start falling in the wave (iii)<\/strong>.<\/p>\n

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More detailed structure is shown on the H1 chart. It looks like after completing the wave v of (i)<\/strong>, the market is being corrected in the wave (ii)<\/strong>, which is taking the form of the flat<\/em>. On Thursday, the price may finish the impulse in the wave c of (ii)<\/strong>.<\/p>\n

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AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/h2>\n

Australian Dollar is finishing the descending wedge<\/em> in the wave (i)<\/strong>. If the price rebounds from the pattern\u2019s lower border, it may start a new correction. We\u2019ll be more sure about a new decline after the price completes the wave (ii)<\/strong> and forms the bearish wave i of (iii)<\/strong>.<\/p>\n

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At the H1 chart, the market is finishing the wave v of (i)<\/strong>. Probably, in the nearest future the price may rebound from the lower border of the wedge<\/em>. Consequently, on Wednesday the pair may start the ascending correction in the (ii)<\/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

 <\/p>\n

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

Article By RoboForex.com Forecast for December 17th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d After finishing the wave [a], the pair has started a new local correction. Earlier, the price completed the descending impulse in the wave 3 or C. Later, Eurodollar may complete the wave [b] and start forming the ascending impulse in the […]<\/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-82623","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82623","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=82623"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82623\/revisions"}],"predecessor-version":[{"id":82625,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82623\/revisions\/82625"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}