{"id":88413,"date":"2016-04-20T06:58:29","date_gmt":"2016-04-20T10:58:29","guid":{"rendered":"http:\/\/countingpips.com\/?p=88413"},"modified":"2016-04-20T06:58:29","modified_gmt":"2016-04-20T10:58:29","slug":"wave-analysis-20-04-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/wave-analysis-20-04-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 20.04.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
April 20, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for April 20th<\/sup>, 2016<\/p>\n

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

It looks like Eurodollar is about to complete the wave ii<\/strong>. Earlier, after finishing the diagonal triangle <\/em>in the wave c of (y)<\/strong>, the price formed the descending impulse in the wave i<\/strong>. Consequently, in the nearest future the market may start falling in the wave iii<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the wave ii<\/strong> is taking the form of the double zigzag.<\/em> On the minor wave level, yesterday the price completed the wave [Y]<\/strong>. On Wednesday, the pair may continue falling in the wave [1]<\/strong> and reach new local lows.<\/p>\n

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

The structure of the H4 chart has been changed. It looks like Pound formed the divergent horizontal triangle<\/em>[b]<\/strong> inside the zigzag<\/em> 4<\/strong>. Later, the price finished the wedge<\/em> in the wave [i]<\/strong> and the correctional double zigzag<\/em>in the wave [ii]<\/strong>. Consequently, in the nearest future the market may start falling in the wave (i) of [iii]<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure of the double zigzag<\/em> [ii]<\/strong> is shown on the H1 chart. Probably, yesterday the price finished the ascending impulse in the wave c of (y)<\/strong>. In the nearest future, the market may start forming the bearish impulse in the wave i<\/strong>.<\/p>

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

It\u2019s highly likely that Yen has finished the wave (ii)<\/strong>, which was quite fast. Probably, the price is starting a new growth in the wave (iii)<\/strong>. Consequently, in the nearest future the market may break the maximum of the wave(i)<\/strong>.<\/p>\n

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As we can see at the H1 chart, the wave (ii)<\/strong> took the form of the zigzag<\/em>. Later, the pair formed the bullish impulse in the wave I<\/strong> and the correction in the wave ii<\/strong>. In the nearest future, the market may start a new ascending movement in the wave iii of (iii)<\/strong>.<\/p>\n

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

It looks like Australian Dollar may yet continue forming the ascending impulse. The wave (v) of [\u0441]<\/strong> is taking the form of the diagonal triangle<\/em>. After finishing this pattern, the market may start falling in the wave (i)<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure of the diagonal triangle<\/em> (v) of [c]<\/strong> is shown on the H1 chart. It\u2019s highly likely that on Wednesday the market may be corrected downwards in the wave iv<\/strong>. Later, the price is expected to grow towards the pattern\u2019s upside border while forming the wave v of (v)<\/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

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

Article By RoboForex.com Forecast for April 20th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d It looks like Eurodollar is about to complete the wave ii. Earlier, after finishing the diagonal triangle in the wave c of (y), the price formed the descending impulse in the wave i. Consequently, in the nearest future the market may […]<\/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-88413","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88413","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=88413"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88413\/revisions"}],"predecessor-version":[{"id":88414,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88413\/revisions\/88414"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=88413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=88413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=88413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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