{"id":90353,"date":"2016-05-26T06:31:51","date_gmt":"2016-05-26T10:31:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=90353"},"modified":"2016-05-26T06:31:51","modified_gmt":"2016-05-26T10:31:51","slug":"wave-analysis-26-05-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/wave-analysis-26-05-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 26.05.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"<div id=\"inves-601295801\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 26, 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 May 26<sup>th<\/sup>, 2016<\/p>\n<p>EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n<p>Just as we expected, Eurodollar has finished the <em>extension<\/em> in the wave <strong>(iii)<\/strong>. Right now, the pair is forming the correctional wave <strong>(iv)<\/strong>, which may be followed by a new decline in the wave <strong>(v) of [i]<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624001.png\" alt=\"\" \/><\/p>\n<p>More detailed structure is shown on the H1 chart. One of the possible scenarios implies that the current correction has completed in the form of the <em>horizontal triangle<\/em>. In any case, it\u2019s highly likely that In the nearest future the market may move sideways.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624002.png\" alt=\"\" \/><\/p>\n<h2>GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/h2>\n<p>Probably, Pound is about to complete the wave <strong>(ii)<\/strong>. Consequently, in the nearest future the market may continue falling in the third wave <strong>(iii)<\/strong>. However, this scenario must be confirmed by the formation of the wave <strong>i of (iii)<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624003.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, Pound is finishing the wave <strong>c <\/strong>in the <em>zigzag<\/em> <strong>(ii)<\/strong>. As a result, during the day the pair may start falling in the wave <strong>i<\/strong>, which may be followed by a new descending movement.<\/p><div id=\"inves-3911454228\" 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\/may2016\/26\/Image20160526102624004.png\" alt=\"\" \/><\/p>\n<h2>USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/h2>\n<p>Yen has completed the wave <strong>(i) <\/strong>and started a new descending correction. Earlier, the pair formed <em>diagonal triangle<\/em> in the wave <strong>[v]<\/strong>. In the nearest future, the market may continue falling in the wave <strong>(ii)<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624005.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, the pair may move downwards a little bit in the wave <strong>c<\/strong> of the <em>zigzag<\/em> <strong>(ii)<\/strong>. Consequently, in the nearest future the market may break the minimum of the wave <strong>a <\/strong>and then start growing in the wave <strong>i<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624006.png\" alt=\"\" \/><\/p>\n<h2>AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/h2>\n<p>Australian Dollar is about to complete the fourth wave in the descending impulse <strong>[i]<\/strong>. It\u2019s highly likely that on Thursday the market may resume falling in the wave <strong>(v) of [i]<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624007.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, Australian Dollar is starting to fall inside the third wave of the <em>diagonal triangle<\/em> <strong>(v)<\/strong>. As a result, quite soon the market may break the minimum of the wave <strong>i<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/may2016\/26\/Image20160526102624008.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 May 26th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Just as we expected, Eurodollar has finished the extension in the wave (iii). Right now, the pair is forming the correctional wave (iv), which may be followed by a new decline in the wave (v) of [i]. More detailed structure is [&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-90353","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90353","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=90353"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90353\/revisions"}],"predecessor-version":[{"id":90356,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90353\/revisions\/90356"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}