{"id":94353,"date":"2016-08-15T07:45:22","date_gmt":"2016-08-15T11:45:22","guid":{"rendered":"http:\/\/countingpips.com\/?p=94353"},"modified":"2016-08-15T07:45:22","modified_gmt":"2016-08-15T11:45:22","slug":"wave-analysis-15-08-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/wave-analysis-15-08-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 15.08.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
August 15, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for August 15th<\/sup>, 2016<\/p>\n

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

Probably, the EUR\/USD pair is still forming the diagonal triangle <\/em>in the wave [v]<\/strong>. On a shorter timeframe, last Friday the price probably completed the wave (ii)<\/strong>. As a result, quite soon the market may fall inside the wave(iii) of [v]<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. It looks like the wave (ii)<\/strong> took the form of the zigzag<\/em> and then the price formed the descending impulse. Consequently, on Monday the market may continue falling in the wave a of (iii)<\/strong>.<\/p>\n

\"\"<\/p>\n

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

In case of the GBP\/USD pair, the main scenario remains bearish. It\u2019s highly likely that after finishing the wave the wave [ii]<\/strong> in the form of the double three<\/em>, the price is falling in the wave iii of [iii]<\/strong>. This week, the market is expected to continue moving downwards.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the pair is forming the third wave in the extended<\/em> wave (iii)<\/strong>. After finishing the local correction, the market may continue falling and reach several new lows.<\/p>

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

The USD\/JPY pair is still forming the bearish impulse in the wave [v] of C.<\/strong> On a shorter timeframe, the price may continue falling while forming the wave v<\/strong> in the extended wave (iii)<\/strong>.<\/p>\n

\"\"<\/p>\n

More detailed structure is shown on the H1 chart. After finishing the zigzag<\/em> in the wave iv<\/strong>, the pair completed the descending impulse [1]<\/strong> and the correction [2]<\/strong>. In the nearest future, the market may form the extension<\/em>in the wave [3]<\/strong>.<\/p>\n

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

Probably, the AUD\/USD pair has finished the diagonal triangle<\/em> in the wave [c] of 4<\/strong>. As a result, in the nearest future the market may form the descending impulse in the wave (i)<\/strong>. After finishing this impulse, the price will resume moving downwards.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the pair has finished the wave (v) of [c]<\/strong> in the form of the zigzag<\/em>. Right now, the price is probably forming the descending wedge<\/em> in the wave i<\/strong>. After completing this impulse, the market will resume its 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 August 15th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Probably, the EUR\/USD pair is still forming the diagonal triangle in the wave [v]. On a shorter timeframe, last Friday the price probably completed the wave (ii). As a result, quite soon the market may fall inside the wave(iii) of [v]. […]<\/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-94353","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94353","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=94353"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94353\/revisions"}],"predecessor-version":[{"id":94355,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94353\/revisions\/94355"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}