{"id":89987,"date":"2016-05-19T07:22:45","date_gmt":"2016-05-19T11:22:45","guid":{"rendered":"http:\/\/countingpips.com\/?p=89987"},"modified":"2016-05-19T07:22:45","modified_gmt":"2016-05-19T11:22:45","slug":"wave-analysis-19-05-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/wave-analysis-19-05-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 19.05.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
May 19, 2016<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for May 19th<\/sup>, 2016<\/p>\n

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

Eurodollar continues forming the extended<\/em> impulse in the wave (iii)<\/strong>. Earlier, the price completed the zigzag<\/em> in the wave Y<\/strong>, the descending impulse in the wave (i)<\/strong>, and the correction in the second wave. It\u2019s highly likely that in the nearest future, the market may continue moving downwards.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, after finishing the wave ii<\/strong>, Eurodollar started falling in the third wave. Earlier, the price formed the zigzag<\/em> in the wave (ii) <\/strong>\u00a0on the higher level. On Thursday, the market may continue falling.<\/p>\n

\"\"<\/p>\n

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

Probably, Pound is about to complete the wave (ii)<\/strong>, which is correcting the impulse in the wave (i)<\/strong>. Consequently, in the nearest future the market may resume falling in the wave (iii)<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. The wave (i) took the form of the wedge<\/em>, and then the price started a new correction. It\u2019s highly likely that yesterday the market completed the wave c of (ii)<\/strong>, and, as a result, may start falling in the wave i<\/strong>.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t 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>

\r\n
\r\n
\r\n

<\/a>\r\n\t 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>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

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

Yen is completing the fifth wave in the ascending impulse (i)<\/strong>. Earlier, the pair formed diagonal triangle<\/em> in the wave [v]<\/strong>. So, quite soon the market may start the short-term correction in the wave (ii)<\/strong>.<\/p>\n

\"\"<\/p>\n

It looks like the price may be forming the fourth wave in the diagonal triangle<\/em> v of (i)<\/strong>. After finishing the local correction, the pair may grow up a bit in the wave [5]<\/strong>. Consequently, if later Yen rebounds from the pattern\u2019s upside border, the market may start a new correction.<\/p>\n

\"\"<\/p>\n

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

After finishing the impulse in the wave [c] of 4<\/strong>, Australian Dollar continues falling. Probably, the price is forming the extension<\/em> in the wave (iii)<\/strong>, which may yet continue for a while. As a result, we may see a new low soon.<\/p>\n

\"\"<\/p>\n

More detailed structure of the current decline is shown on the H1 chart. After finishing the extension<\/em> in the wave iii<\/strong>, Australian Dollar formed the correction in the fourth wave. Right now, the price is falling in the wavev of (iii)<\/strong>, which may continue during the day.<\/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","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Forecast for May 19th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar continues forming the extended impulse in the wave (iii). Earlier, the price completed the zigzag in the wave Y, the descending impulse in the wave (i), and the correction in the second wave. It\u2019s highly likely that in the nearest […]<\/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-89987","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89987","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=89987"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89987\/revisions"}],"predecessor-version":[{"id":89988,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89987\/revisions\/89988"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=89987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=89987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=89987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}