{"id":83243,"date":"2016-01-04T06:07:23","date_gmt":"2016-01-04T11:07:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=83243"},"modified":"2016-01-04T06:07:23","modified_gmt":"2016-01-04T11:07:23","slug":"wave-analysis-04-01-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/01\/wave-analysis-04-01-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 04.01.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
January 4, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for January 4th<\/sup>, 2016<\/p>\n

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

After New Year holidays, the market opened without any surprises. It\u2019s highly likely that Eurodollar is forming the wave [b]<\/strong> in the wave 4<\/strong>. The pair may break its local low during this week.<\/p>\n

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As we can see at the H1 chart, the wave [b]<\/strong> is taking the form of the zigzag<\/em>. On the minor wave level, after finishing the wave (b)<\/strong>, the market has started to fall in the wave (c)<\/strong> of [b]<\/strong>. It looks like in the nearest future the market is going to continue forming the descending impulse.<\/p>\n

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

At the H4 chart, after finishing the wave 2<\/strong>, Pound has formed the bearish wedge<\/em> in the wave [i]<\/strong>. It looks like in the nearest future the pair may continue forming the third descending wave.<\/p>\n

\"\"<\/p>\n

Probably, the price has finished the wave (ii)<\/strong> in the form of the double three<\/em>. Right now, the pair is falling in the wave iii<\/strong> of the descending impulse (iii)<\/strong>. During the next several days, the market may reach new lows.<\/p>

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

It looks like Yen is forming the bearish zigzag<\/em> C<\/strong> inside the triangle<\/em>. In the nearest future, the price may continue falling in the wave [c] of C<\/strong>.<\/p>\n

\"\"<\/p>\n

It looks like after finishing the flat<\/em> in the wave [b]<\/strong>, Yen has started falling in the diagonal triangle<\/em>. The formation of this pattern is confirmed by the zigzag<\/em> on the H4 timeframe.<\/p>\n

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

Australian Dollar has formed the wedge <\/em>in the wave [i]<\/strong> and the correctional wave [ii]<\/strong> as well. The market may start falling in the wave [iii]<\/strong> as soon as the price forms the descending impulse (the first wave) inside it.<\/p>\n

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At the H1 chart, the price is about to finish the descending impulse in the wave (i)<\/strong>, which may be followed by a local ascending correction. It\u2019s highly likely that the market may start a pullback upwards in the nearest future.<\/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 Forecast for January 4th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d After New Year holidays, the market opened without any surprises. It\u2019s highly likely that Eurodollar is forming the wave [b] in the wave 4. The pair may break its local low during this week. As we can see at the H1 […]<\/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-83243","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83243","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=83243"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83243\/revisions"}],"predecessor-version":[{"id":83244,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83243\/revisions\/83244"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=83243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=83243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=83243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}