GBP / USD wave analysis and forecast forex at 01.02 - 05.02: Couple in a correction, the probability of decline is maintained. The pivot is at 1.4495. Our view: We expect completion of the correction, and to sell the pair below 1.4495 with the aim of 1.3950 - 1.3750. Alternative scenario: A break and fixing prices above the level of 1.4495 the pair will help to continue to grow to the level of 1.4935. Analysis: The formation of the downtrend in the third wave of senior level 3. Currently, most likely, the impulse in the third wave iii of 3 junior level, in which It is the formation of a local correction as the fourth wave (iv). If the assumption is true, after its end of steam will continue to decline to marks 1.3950 - 1.3750. Critical to this scenario is the level of 1.4495, a break of which will allow the pair to rise to the level of 1.4935.
USD / CHF wave analysis and forecast for 01.02 - 05.02: expected decrease in pair. The pivot is at 1.0108.Our opinion: Sell couple after the breakdown level of 1.0108 with the aim of 0.9470. Alternative scenario: A break and consolidation of prices above the level of 1.0323 will allow the pair to continue to grow marks to 1.04 - 1.05. Analysis: Presumably, formation of an upward correction in wave ii of C, in which was formed a double zigzag (w) (x) (y). Locally, apparently, completed the formation of a final wave c of (y) in the second zigzag. If the assumption is true, after the breakdown level of 1.0108 the pair will continue to fall to around 0.95 in the third wave. Critical to this scenario is the level of 1.0323.
U SD / JPY wave analysis and forecast for 01.02 - 05.02: Correction over, the upward long-term trend continues. The expected reversal point is at 117.55. Our view: Buy a couple of corrections above 117.55 for the purpose of 123.55 and above. Alternative scenario: A break and fixing prices below 117.55 will allow the pair to continue to fall to the markings 115.00 - 114.00. Analysis: complete the formation of a wave with of 4 within the large correction. At this point, apparently is the formation of lead-in as the first pulse wave in the fifth (5) upper layer. If the assumption is true, and the price not breaking critical level of 117.55, the pair will continue to rise in the medium term to marks 125.50 - 130.00 as part of the fifth wave.
USD / cad Wave analysis and Forex forecast for 01.02 - 05.02: Chance of decrease in pair is maintained.Estimated pivot point is at 1.4150. Our opinion: Selling a pair of correction below 1.4150 for the purpose 1.38.In the case of the breakdown level of 1.4150 to buy with a view to 1.4330 - 1.4450. Alternative scenario: A break and consolidation of prices above the level of 1.4150 will allow the pair to continue to grow to marks 1.4330 - 1.4450. Analysis: Presumably, formation of the upward momentum in the fifth wave of senior level v of 5 of (3). Locally, most likely, it has begun development of a "bear" correction, in which presumably formed zigzag (a) (b) (c ). If the assumption is true, and the price not breaking critical level of 1.4150, it is logical to expect decrease in pair to around 1.38.