{"id":92370,"date":"2016-07-04T08:18:15","date_gmt":"2016-07-04T12:18:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=92370"},"modified":"2016-07-04T08:18:15","modified_gmt":"2016-07-04T12:18:15","slug":"wave-analysis-04-07-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/wave-analysis-04-07-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 04.07.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
July 4, 2016<\/div>
\r\n<\/div><\/div>

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

Forecast for July 4th<\/sup>, 2016<\/p>\n

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

It looks like the EUR\/USD pair is about to complete the wave (ii)<\/strong>. Earlier, the price finished the descending impulse in the wave (i)<\/strong>. It\u2019s highly likely that in the nearest future the market may start falling in the wave(iii)<\/strong>. To confirm this scenario, the pair has to form the first wave inside this wave.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. Probably, the price is forming the diagonal triangle<\/em> c<\/strong> in theflat<\/em> (ii)<\/strong>. If the pair rebounds from the upside border of the triangle<\/em>, the market may resume falling.<\/p>\n

\"\"<\/p>\n

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

Possible, after forming the fast descending impulse in the wave [i]<\/strong>, the GBP\/USD pair completed the wave [ii]<\/strong>and may start falling in the third wave very soon. In this case, in the nearest future the market may break last week\u2019s lows.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. It looks like the GBP\/USD pair completed the diagonal triangle<\/em> (c)<\/strong> and the flat<\/em> [ii]<\/strong>. Later, the price formed the impulse in the wave (i)<\/strong>, so in the future the market may start falling in the wave (iii)<\/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

The main scenario still implies that the wave [v]<\/strong> is taking the form of the diagonal triangle<\/em>. On the minor wave level, the pair has probably completed the fourth wave. As a result, in the nearest future the pair may resume falling in the wave (v) of [v]<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the USD\/JPY pair has probably finished the wave (iv)<\/strong> in the form of the zigzag<\/em>. Consequently, in the future the price may start a new decline in the wave a of (v)<\/strong>, which is a part of thediagonal triangle<\/em>.<\/p>\n

\"\"<\/p>\n

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

It looks like the AUD\/USD pair is about to finish the wave (ii)<\/strong>. Earlier, the price completed the double zigzag<\/em>in the wave [ii]<\/strong>. In the nearest future, the market may start falling in the wave (iii) of [iii]<\/strong>.<\/p>\n

\"\"<\/p>\n

At the H1 chart, the AUD\/USD pair is probably finishing the diagonal triangle<\/em> in the wave c of (ii)<\/strong>. On Friday, the market may complete the wave [5]<\/strong> soon. Later, if the price rebounds from the triangle\u2019s<\/em> upside border, it may start a new decline.<\/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 July 4th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d It looks like the EUR\/USD pair is about to complete the wave (ii). Earlier, the price finished the descending impulse in the wave (i). It\u2019s highly likely that in the nearest future the market may start falling in the wave(iii). To […]<\/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-92370","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92370","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=92370"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92370\/revisions"}],"predecessor-version":[{"id":92371,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92370\/revisions\/92371"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}