Free no deposit Bonus Forex
Sunday, 29.03.2020, 00:45
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 1
Guests: 1
Users: 0
...
Main » 2015 » January » 31 » Wave Forecast for the week 02/02/2015 - 06/02/2015: The euro / dollar will continue to decline
16:15
Wave Forecast for the week 02/02/2015 - 06/02/2015: The euro / dollar will continue to decline
 
article14690.jpg

EUR / USD: Wave analysis and forecast of the euro / dollar for the week 02.02 - 06.02: Euro / dollar downtrend persists.

Estimated reversal point is at 1.1420.

Our opinion: Selling a pair of euro / dollar from corrections below 1.1420, with the aim of 1.10 - 1.08. In case of breakdown of the price level of 1.1420, and consolidate above, buy a couple of corrections in order to 1.1677 - 1.1868.

Alternative scenario: The breakdown level 1.1420 and consolidate above will allow the euro / dollar to continue to grow to marks 1.1677 - 1.1868. 

 

 

 

Analysis EUR / USD:  In the euro / dollar continued development of "bear" momentum within the daily timeframe.Locally, presumably, is the formation of the fifth wave of the final, in which, apparently, began the development of the third wave of junior level (iii) of v of 5. If the assumption is true, and the price not breaking critical level of 1.1420, it is logical to expect decrease in pair marks to 1.10 - 1.08. 


EURUSD H1

EURUSD H4



GBP / USD: Wave Analysis and Forecast GBP / USD weekly 02..02 - 06/02/2015:  British pound bearish trend is nearing completion. The expected reversal point is at 1.5220. Our opinion: Selling a pair GBP / USD correction from below the level of 1.5220, with the aim of 1.49 - 1.48. In case of breakdown and fixing prices above the level of 1.5220, buy a couple of corrections, with the aim of 1.5466.  Alternative scenario: Fixing prices above the level of 1.5220 the pair will help continue the growth to 1.5466 marks. Analysis GBP / USD: Approaching the end of the development of "bear" trend within day timeframe. At the moment, apparently, is the development of the final fifth wave. Locally, completed correction as a wave ii of (v) junior level, and is expected to develop the third wave iii of (v), to marks 1.49 - 1.48. 






 


GPBUSD H1

EURUSD H4



AUD / USD: Wave Analysis and Forecast of the Australian dollar for the week 02.02 - 06.02.2015: Bearish trend persists. Estimated pivot point is at 0.8022.
 


Our opinion:  Selling a pair of correction below 0.8022, with the aim of 0.76. In case of breakdown and fixing prices above the level of 0.8022, with the aim of buying 0.83. Alternative scenario: Fixing prices above the level of 0.8022, the pair will allow growth to continue to marks 0.83 - 0.85. The analysis AUDUSD:  Continued development of long-term "bear" impulse in which frameworks the fifth wave 5 of (5). At the moment, presumably completed the formation of the third wave of wave junior level, and is expected to develop a local correction, as the fourth wave. If the assumption is true, and the price not breaking critical level of 0.8022, after the completion of the correction of the pair will continue to fall to around 0.76.


 


USDCHF H1

USDCHF H4



USD / JPY: The Wave Analysis and Forecast of the dollar / yen for the week 02.02 - 06.02.2015: The dollar / yen in compensation, is expected to continue to grow. The estimated turning point is at 115.80. Our view: Buy a couple of dollar \ yen from above corrections level of 115.80 with a view to 123.50. Alternative scenario:  A break and consolidation of prices below 115.80 will allow the pair to continue to decline to around 111.65. Analysis of the dollar / yen:  Presumably, is the development of the final fifth wave v of 3, in which began the development of the third wave junior level (iii) of v. Locally, completed the second wave of junior ii of (iii), and if the assumption is true, then the pair will continue to rise to the level of 123.50 in the framework of local upward trend. Critical for this scenario is the level of 115.80, in case of breakdown which the pair will continue to decline to around 111.65.






 


USDJPY H1

USDJPY H4



USD / cad: Wave analysis and forecast of the Canadian dollar on the week 02.02 - 06.02: The uptrend in force, local correction is expected. The expected reversal point is at 1.2368. Our opinion:  Expected completion of correction in the presence of confirming signals indicators, buy above 1.2368 for the purpose of 1.27 - 1.30. Alternative scenario:  A break and consolidation below 1.2368 prices will allow the pair to continue to fall to around 1.2050. Analysis USDCAD:  Presumably, the development of "bullish" momentum in the third wave (iii) of iii. Locally, most likely, formation of the fifth wave junior level v of (iii), and if the assumption is true, it will soon begin the correction to the level of 1.2368, within wave (iv) of iii. 






 


USDCAD H1

USDCAD H4

 

The author analyzes - 
Alexander Geuta, 
treyder analyst LiteForex

 

Views: 727 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2020-2012
    Website builderuCoz