{"id":93340,"date":"2016-07-22T10:01:40","date_gmt":"2016-07-22T14:01:40","guid":{"rendered":"http:\/\/countingpips.com\/?p=93340"},"modified":"2016-07-22T10:01:40","modified_gmt":"2016-07-22T14:01:40","slug":"wave-analysis-for-eurusd-gbpusd-usdjpy-and-audusd-on-22-07-2016","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/wave-analysis-for-eurusd-gbpusd-usdjpy-and-audusd-on-22-07-2016\/","title":{"rendered":"Wave analysis for EUR\/USD, GBP\/USD, USD\/JPY and AUD\/USD on 22.07.2016"},"content":{"rendered":"<div id=\"inves-4185021935\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 22, 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<p><strong>Currency pair EUR\/USD<\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936001.png\" alt=\"Overview on wave analysis for EUR\/USD on July 22, 2016\" \/><\/p>\n<p>After completion of wave <strong>(ii)<\/strong> as a <em>double three<\/em>, market returned to descending. Apparently, descending third wave is forming. For the short terms, continuation of price reducing is possible that soon may lead breakage of wave <strong>(i)<\/strong> low.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936002.png\" alt=\"Overview on wave analysis for EUR\/USD on July 22, 2016\" \/><\/p>\n<p>More detailed markiong is shown on 1 hour chart. Supposedly, recently wave <strong>ii<\/strong> was completed that corrected descending impulse in wave <strong>i<\/strong>. Because on younger wave level wave <strong>[2]<\/strong> is about to be completed, then soon recuming of descending is possible.<\/p>\n<p><strong>Currency pair GBP\/USD<\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936003.png\" alt=\"Overview on wave analysis for GBP\/USD on July 22, 2016\" \/><\/p>\n<p>Price resumes to reduce within <em>diagonal triangle<\/em>. Supposedly wave <strong>[iii]<\/strong> begin to be formed that on the next week may lead to breakage of low of wave <strong>[i]<\/strong> formed before.<\/p><div id=\"inves-1302119470\" 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\/july2016\/22\/Image20160722144936004.png\" alt=\"Overview on wave analysis for GBP\/USD on July 22, 2016\" \/><\/p>\n<p>On 1 hour chart, it is seen that literally right now wave <strong>[2]<\/strong> was completed within supposed <em>stre\u0441hing<\/em> in wave<strong>iii<\/strong>. And for the short terms further pair descending in wave <strong>[3]<\/strong> is possible.<\/p>\n<p><strong>Currency pair USD\/JPY<\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936005.png\" alt=\"Overview on wave analysis for USD\/JPY on July 22, 2016\" \/><\/p>\n<p>For Japanese Yen, supposedly, formation \u0430 ascending impulse in wave <strong>(i)<\/strong> was completed. Earlier wave <strong>[v]<\/strong> <em>cut<\/em>in the fifth wave was formed. It is quite likely that for the short term we will see development of local correction.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936006.png\" alt=\"Overview on wave analysis for USD\/JPY on July 22, 2016\" \/><\/p>\n<p>On 1 hour chart after completion of <em>diagonal triangle<\/em> in wave <strong>v of (i)<\/strong> descending impulse was formed in wave<strong>a<\/strong>. After completion of local correction, resuming of price drop in wave <strong>\u0441 of (ii)<\/strong> is possible.<\/p>\n<p><strong>Currency pair AUD\/USD<\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936007.png\" alt=\"Overview on wave analysis for AUD\/USD on July 22, 2016\" \/><\/p>\n<p>For Australian Dollar, formation of descending impulse in wave <strong>(i)<\/strong> is continued after completion of wave <strong>[ii]<\/strong> as a <em>double zigzag<\/em>. It is not excluded that for the short terms price drop will continue further.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.ru\/files\/forecasts\/july2016\/22\/Image20160722144936008.png\" alt=\"Overview on wave analysis for AUD\/USD on July 22, 2016\" \/><\/p>\n<p>On 1 hour chart within wave <strong>(i)<\/strong> the fifth wave is about to be completed. Upon its completion, beginning of local ascending correction will be possible that will be confirmed by formation of bullish impulse.<\/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<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Currency pair EUR\/USD After completion of wave (ii) as a double three, market returned to descending. Apparently, descending third wave is forming. For the short terms, continuation of price reducing is possible that soon may lead breakage of wave (i) low. More detailed markiong is shown on 1 hour chart. Supposedly, recently [&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-93340","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93340","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=93340"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93340\/revisions"}],"predecessor-version":[{"id":93341,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93340\/revisions\/93341"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=93340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=93340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=93340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}