{"id":87846,"date":"2016-04-08T08:55:36","date_gmt":"2016-04-08T12:55:36","guid":{"rendered":"http:\/\/countingpips.com\/?p=87846"},"modified":"2016-04-08T08:21:38","modified_gmt":"2016-04-08T12:21:38","slug":"wave-analysis-08-04-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/wave-analysis-08-04-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 08.04.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"<div id=\"inves-3535544946\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 8, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<h2>Forecast for April 8<sup>th<\/sup>, 2016<\/p>\n<p>EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n<p>Probably, Eurodollar is about to complete the <em>double zigzag<\/em> in the wave <strong>[y] of 2<\/strong>. On the minor wave level, probably, the market is forming the <em>diagonal triangle<\/em> in the wave <strong>c of (y)<\/strong>. Consequently, in the nearest future, the pair may grow a little bit and break this week\u2019s high.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623001.png\" alt=\"\" \/><\/p>\n<p>More detailed structure is shown on the H1 chart. It looks like yesterday Eurodollar finished the wave <strong>[2]<\/strong>inside the<em> diagonal triangle<\/em>. Thus, on Friday the market may move upwards a bit in the wave <strong>[3] of c<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623002.png\" alt=\"\" \/><\/p>\n<h2>GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/h2>\n<p>Pound is still forming the descending <em>extension<\/em> in the wave <strong>[iii]<\/strong>. Earlier the price completed the wave <strong>4<\/strong> in the form of the <em>zigzag<\/em>. In the nearest future, after finishing the local correction, the pair may resume its decline.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623003.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, after completing the descending wave <strong>(i)<\/strong>, Pound has started a new correction. It looks like the pair is finishing the wave <strong>c<\/strong> in the <em>zigzag<\/em> <strong>(ii)<\/strong>. Consequently, in the nearest future, the pair may resume moving downwards.<\/p><div id=\"inves-3442653295\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623004.png\" alt=\"\" \/><\/p>\n<h2>USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/h2>\n<p>Probably, Yen has finished the impulse in the wave [v], thus completing the wave <strong>C<\/strong>. So, the price may start growing and form the bullish impulse in the wave <strong>[i] or [a]<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623005.png\" alt=\"\" \/><\/p>\n<p>More detailed structure of the descending wave <strong>[v]<\/strong> is shown on the H1 chart. Later, the pair formed the impulse in the wave <strong>(i)<\/strong>. During the day, after finishing the local correction, the market may start growing in the third wave.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623006.png\" alt=\"\" \/><\/p>\n<h2>AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/h2>\n<p>Probably, the market has finished the bullish impulse <strong>[\u0441]<\/strong> in the <em>flat<\/em> <strong>4<\/strong>. On the minor wave level, Australian Dollar may has completed the wave <strong>(i)<\/strong>. After finishing the local correction, the market may start falling in the third wave.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623007.png\" alt=\"\" \/><\/p>\n<p>At the H1 chart, the wave <strong>(ii)<\/strong> has taken the form of the <em>zigzag<\/em> and the price has formed the descending impulse in the wave <strong>i<\/strong>. On Friday, after finishing the local correction, the market may start moving downwards in the wave <strong>iii of (iii)<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/april2016\/8\/Image20160408123623008.png\" alt=\"\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\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":"<p>Article By RoboForex.com Forecast for April 8th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Probably, Eurodollar is about to complete the double zigzag in the wave [y] of 2. On the minor wave level, probably, the market is forming the diagonal triangle in the wave c of (y). Consequently, in the nearest future, the pair [&hellip;]<\/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-87846","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87846","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=87846"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87846\/revisions"}],"predecessor-version":[{"id":87847,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87846\/revisions\/87847"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}