{"id":92131,"date":"2016-06-29T07:14:08","date_gmt":"2016-06-29T11:14:08","guid":{"rendered":"http:\/\/countingpips.com\/?p=92131"},"modified":"2016-06-29T07:14:08","modified_gmt":"2016-06-29T11:14:08","slug":"wave-analysis-29-06-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/wave-analysis-29-06-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 29.06.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
June 29, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for June 29th<\/sup>, 2016<\/p>\n

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

After Friday\u2019s decline, the EUR\/USD pair is \u201cstanding still\u201d. Before that, the price formed the diagonal triangle<\/em> in the wave (c) of [ii]<\/strong>. It\u2019s highly likely that later the pair may continue forming the extension<\/em> in the wave (iii)<\/strong>.<\/p>\n

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More detailed structure is shown on the H1 chart.\u00a0 Probably, the price has formed the wave [1]<\/strong> in the waveiii<\/strong>. Consequently, after finishing the local correction, the pair may start falling in the third wave.<\/p>\n

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

It\u2019s highly likely that the GBP\/USD pair has started forming the extension<\/em> in the wave [iii]<\/strong>. Earlier, the market completed the wave 4<\/strong> in the form of the double three<\/em>. Consequently, after finishing the current correction, the price may resume falling and break the previous low.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the GBP\/USD pair is probably finishing the wave (ii)<\/strong> in the form of the zigzag<\/em>. Considering that the current correction is taking too much time, one should wait until the market starts a new descending movement, in this case \u2013 the descending wave i of (iii)<\/strong>.<\/p>

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

It\u2019s highly likely that the wave [v]<\/strong> is taking the form of the diagonal triangle<\/em>. As a result, in the nearest future, the local correction may finish and the pair may start falling in the wave (v) of [v]<\/strong>.<\/p>\n

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At the H1 chart, the USD\/JPY pair is probably finishing the wave c of (iv)<\/strong>. During the day, the price may reach a new local low and then start a new decline in the wave a of (v)<\/strong>.<\/p>\n

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

After completing the zigzag<\/em> in the wave [ii]<\/strong>, the AUD\/USD pair formed the bearish impulse in the wave (i)<\/strong>. Later, after finishing the correction, the market may start falling in the wave (iii)<\/strong> and break the low of the wave [i]<\/strong>.<\/p>\n

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At the H1 chart, Australian Dollar is probably finishing the wave ii<\/strong>. Earlier, the pair formed the fast wave (i)<\/strong>. Consequently, in the future the price may resume falling in the wave iii of (iii)<\/strong> and break previous lows.<\/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 June 29th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d After Friday\u2019s decline, the EUR\/USD pair is \u201cstanding still\u201d. Before that, the price formed the diagonal triangle in the wave (c) of [ii]. It\u2019s highly likely that later the pair may continue forming the extension in the wave (iii). More detailed […]<\/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-92131","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92131","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=92131"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92131\/revisions"}],"predecessor-version":[{"id":92132,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92131\/revisions\/92132"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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