{"id":83343,"date":"2016-01-05T06:54:11","date_gmt":"2016-01-05T11:54:11","guid":{"rendered":"http:\/\/countingpips.com\/?p=83343"},"modified":"2016-01-05T06:54:11","modified_gmt":"2016-01-05T11:54:11","slug":"wave-analysis-05-01-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/01\/wave-analysis-05-01-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 05.01.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
January 5, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for January 5th<\/sup>, 2016<\/p>\n

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

Eurodollar is still being corrected. Yesterday, the market broke its local low. It\u2019s highly likely that the price is about to finish the wave [b]<\/strong> in the wave 4<\/strong>. Later, the pair may resume its growth in the wave [c] of 4<\/strong>.<\/p>\n

\"\"<\/p>\n

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

The market continues falling 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 wave [iii] of 3<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. 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>. In the nearest future, 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 larger triangle<\/em>. During this week, 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

\"\"<\/p>\n

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. In the future, the market may continue falling in the wave [iii]<\/strong> and reach new lows.<\/p>\n

\"\"<\/p>\n

At the H1 chart, the price has finished the descending impulse in the wave (i). <\/strong>In the nearest future, the market may start a local ascending correction. After completing the wave (ii)<\/strong>, the market may start another descending movement.<\/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 5th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is still being corrected. Yesterday, the market broke its local low. It\u2019s highly likely that the price is about to finish the wave [b] in the wave 4. Later, the pair may resume its growth in the wave [c] of […]<\/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-83343","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83343","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=83343"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83343\/revisions"}],"predecessor-version":[{"id":83344,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83343\/revisions\/83344"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=83343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=83343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=83343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}