EUR / USD wave analysis of the euro / dollar rate and the forecast for the week 09.11 - 11.13.2015: The euro / dollar is corrected.
The pivot: presumably at 1.1080.
Opinion: Buy Euros for a pullback after the breakdown level of 1.1080 with the aim 1.15.
Alternative: Continued depreciation of the euro / dollar within wave y of 2 marks to 1.07 - 1.06.
Analysis of the euro: the pair continued to decline and updated local minimum 1.0890. Presumably, the correction as a second wave of the two senior levels continues from the plane abc transformed into a double zigzag wxy. Locally, apparently, is the formation of a zigzag in wave y of 2. If the assumption is true, after its termination it is logical to expect the beginning of growth of the pair to the level of 1.15. Critical to this scenario is the level of 1.0450.
GBP / USD Forecast GBP / USD wave analysis and the week 09.11 - 11.13.2015: The pound / dollar a correction. Chance of growth is maintained. The pivot is at 1.5100. Opinion: Buy a pound of correction above 1.5100 for the purpose of 1.56 - 1.58. Alternative: A break and consolidation of the pound below 1.5100 will allow the pair to continue to fall to the markings 1.50 - 1.4950. Analysis GBP / USD : Presumably the pair is in the process of formation of a wave with of two senior level in day timeframe. Locally, apparently, continued formation of a downward correction as wave ii of C, which is close to completion. If the assumption is true, soon the pair will continue to rise in the third wave iii of C marks to 1.57 - 1.58. Critical to this scenario is the level of 1.5100.
USD / CHF wave analysis and forecast of the dollar / franc on the week 09.11 - 11.13.2015: The growth at the end. Expected decrease in quotations in the medium term. The pivot is at 0.9830. Opinion: Traders selling the dollar / franc after the break and consolidation below 0.9830 for the purpose of 0.95 - 0.94. Thealternative: Breakdown and fastening of the dollar / franc below 0.9830 will help the pair continue to decline marks to 0.95 - 0.94. Analysis of the dollar / franc: Presumably, nearing the end of development of the upward correction within wave B, which currently is in the form of a Double Zigzag wxy. Locally, apparently completed within a bullish wave pulse (s) of y of B; and if the assumption is true, after the breakdown level of 0.9830 the pair will begin to decline within wave C ° F 2.
USD / JPY Forecast Wave Analysis and the dollar / yen for a week 09.11 - 11.13.2015: The kratkosroke growth rate continues. The pivot is at 120.21. Opinion: Traders buy the dollar against the yen from the corrections above 120.21 with a view to 123.25. In the case of the breakdown level of 120.21 selling for the purpose of 117.00 - 116.00. Alternative: A break and consolidation of the dollar, the yen below 120.21 will allow the pair to continue the decline to marks 117.00 - 116.00. Analysis of the dollar / yen: Presumably, formation of upward correction as a wave in in the fourth wave (4). At the moment, apparently, is the formation of a final wave (c) of y of B; and if the assumption is true, then the pair will continue to rise in the area of the level 123.25. Critical to this scenario is the level of 120.21.
USD / cad Wave analysis and forex forecast for the week 09.11 - 11.13.2015: the pair is expected to decline. The pivot is at 1.3279. Opinion: Sales of corrections USDCAD below 1.3279 level with the aim of 1.2710. Alternative: A break and consolidation above 1.3279 price allow the pair to continue to grow to 1.34 marks - 1.3460. Analysis USDCAD: The formation of wave A 4, in which, apparently, was completed wave b of A. At the moment, presumably, began the development of a wave of A, in which formation of bearish momentum is expected in the level of 1.27. Critical to this scenario is the level of 1.3279, a break of which would lead to the continuation of growth of pair in the level of 1.34 - 1.3460 in the wave b of A.
The author analyzes - Alexander Geuta, treyder analyst LiteForex