{"id":98587,"date":"2016-11-22T08:19:06","date_gmt":"2016-11-22T13:19:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=98587"},"modified":"2016-11-22T07:19:35","modified_gmt":"2016-11-22T12:19:35","slug":"wave-analysis-22-11-2016-eurusd-gbpusd-usdjpy-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/11\/wave-analysis-22-11-2016-eurusd-gbpusd-usdjpy-audusd\/","title":{"rendered":"Wave Analysis 22.11.2016 (EUR\/USD, GBP\/USD, USD\/JPY, AUD\/USD)"},"content":{"rendered":"
November 22, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Forecast for November 22nd<\/sup>, 2016<\/p>\n

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

The EUR\/USD pair is forming the descending extension<\/em> in the wave [iii]<\/strong>. Earlier, after completing the triangle<\/em>in the wave (B)<\/strong>, the pair rebounded from the pattern\u2019s upside border and started the current decline. It\u2019s highly likely that in the nearest future the market may continue falling.<\/p>\n

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More detailed structure is shown on the M30 chart. It looks like the pair is about to finish the fourth wave in the wave [iii]<\/strong>. Consequently, in the nearest future the market may start falling in the wave (v) of [iii]<\/strong>.<\/p>\n

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

Probably, after finishing the wave [iv]<\/strong> in the form of the flat<\/em>, the GBP\/USD pair started falling in the wave (i)<\/strong>. In the nearest future, the market may continue moving downwards and break the local low.<\/p>

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As we can see at the H1 chart, after finishing the wave (c)<\/strong>, the pair completed the `bearish impulse in the wave i<\/strong> and the flat<\/em> in the wave ii<\/strong>. Consequently, in the nearest future the market may start falling in the third wave.<\/p>\n

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

Probably, the USD\/JPY pair is still forming the ascending impulse in the wave c of (y)<\/strong>. It looks like the wave [iv]<\/strong> is taking the form of the double zigzag<\/em>. In the nearest future, the market may complete the bullish impulse and start a new descending movement.<\/p>\n

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More detailed structure of the current impulse is shown on the M30 chart. Probably, the pair finished the diagonal triangle<\/em> (5)<\/strong> in the wave [3]<\/strong>. After finishing the local correction, the market may move upwards in the wave [5] of c<\/strong>.<\/p>\n

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

In case of the AUD\/USD pair, the price completed the diagonal triangle <\/em>in the wave (c)<\/strong> and started falling quickly. It looks like right now the price is forming the descending impulse in the wave (i)<\/strong>. In the nearest future, the market may continue forming the extension<\/em> in the wave iii of (i)<\/strong>.<\/p>\n

\"\"<\/p>\n

As we can see at the M30 chart, the pair completed the descending extension<\/em> in the wave [3]<\/strong> and then the bullish impulse in the wave (A)<\/strong>. After finishing the current correction, the price may resume its decline in the wave [5] of iii<\/strong>.<\/p>\n

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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 November 22nd, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair is forming the descending extension in the wave [iii]. Earlier, after completing the trianglein the wave (B), the pair rebounded from the pattern\u2019s upside border and started the current decline. It\u2019s highly likely that in the nearest future […]<\/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-98587","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98587","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=98587"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98587\/revisions"}],"predecessor-version":[{"id":98589,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98587\/revisions\/98589"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=98587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=98587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=98587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}