{"id":83458,"date":"2016-01-07T09:04:05","date_gmt":"2016-01-07T14:04:05","guid":{"rendered":"http:\/\/countingpips.com\/?p=83458"},"modified":"2016-01-07T07:04:55","modified_gmt":"2016-01-07T12:04:55","slug":"wave-analysis-07-01-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/01\/wave-analysis-07-01-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 07.01.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
January 7, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for January 7th<\/sup>, 2016<\/p>\n

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

In case of Eurodollar, the price continues forming the wave [b]<\/strong>. In the nearest future, the market may complete this wave and then start another ascending movement in the wave [c]<\/strong>.<\/p>\n

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It looks like the pair is forming the fourth wave in the wave (c)<\/strong>, which may continue on Thursday. Later, the market may continue its descending movement in the wave v of (c)<\/strong>.<\/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>, the market has formed the bearish wedge<\/em> in the wave [i]<\/strong>. It looks like in the future the pair is going to continue forming the wave [iii] of 3<\/strong>.<\/p>\n

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As we can see at the H1 chart, right now the price is falling in the wave iii<\/strong> of the descending impulse (iii)<\/strong>. On Thursday, 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 the next several days, the price may continue falling in the wave [c] of C<\/strong>.<\/p>\n

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After finishing the flat<\/em> in the wave [b]<\/strong>, Yen has started falling in the descending wave [c]<\/strong>. On the minor wave level, the price is about to finish the wave (iii)<\/strong>. In the future, the market may be corrected in the wave (iv) of [c]<\/strong>.<\/p>\n

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

Australian Dollar is moving downwards in the bearish impulse [iii]<\/strong>. Earlier, the pair finished the wedge <\/em>in the wave [i] <\/strong>and the correctional wave [ii]<\/strong>. During this week, the market may continue falling to reach new lows.<\/p>\n

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At the H1 chart, after finishing the correction in the wave (ii)<\/strong>, the pair has started falling quite fast in the third wave. Earlier, the pair formed the bearish impulse in the wave (i)<\/strong>. In the nearest future, the market may continue forming the descending wave (iii) of [iii]<\/strong>.<\/p>\n

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RoboForex Analytical Department<\/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","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Forecast for January 7th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d In case of Eurodollar, the price continues forming the wave [b]. In the nearest future, the market may complete this wave and then start another ascending movement in the wave [c]. It looks like the pair is forming the fourth wave […]<\/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-83458","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83458","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=83458"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83458\/revisions"}],"predecessor-version":[{"id":83459,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83458\/revisions\/83459"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=83458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=83458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=83458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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