Daily Wave Analysis

1. Currency pair USD/CHF.



Meanwhile the price moves in line with expectations. Presumably, the correctional wave (b) of [ii] is formed. If this assumption is correct, after its completion we can expect a downward price movement in line with the impulse or Diagonal Triangle formation  (c) of [ii].


2. Currency pair EUR/USD.



Presumbaly formation of a correctional wave (b) of [ii] has continued . If this assumption is correct, after its completion we can expect a downward price movement in line with the impulse or  Diagonal Triangle formation (c) of [ii].

3. Currency pair GBP/USD.



Presumably, the impulse (v) of [i] is close to completion. If this assumption is correct, after its completion we can expect a downward price movement in line with the correctional wave formation  [ii] of C.

4. Currency pair USD/JPY.



Presumbaly formation of the impulse [a] of 5 has continued. Supposedly, at the moment, its correctional wave (iv) of [a] is forming. If this assumption is correct, after its completion we can expect  a downward price movement in line with the impulse or Diagonal Triangle formation  v of [a].

Igor Pak.
Analyst of company Admiral Markets.
igor.pak@forextrade.ee

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