Notes
1. The Wave Analysis it for today the most flexible, powerful and perspective tool which allows to predict tendencies which lead to certain changes on financial charts on all time pieces.
2. One of properties of this tool is its insufficient formalisation, proceeding from it the opinion of the author of the forecast made on the basis of the Wave Analysis always is subjective.
3. As the wave picture constantly varies, the forecast on the basis of the Wave Analysis reflects opinion of the author at the moment of the forecast publication.
4. The Wave Analysis is not trading system. It not the generator of signals on the conclusion or an exit from the transaction, therefore the schematical direction of movement of the price put on the chart should not be for the trader the guide to action on opening of positions.
5. In case of formation in the market of conditions which, according to the author it is possible to use for drawing up of the trading plan - on a chart levels of acknowledgement of the chosen scenario, optimum areas of an input and levels of cancellation of the chosen scenario will be specified in addition.
1. Currency pair USD/CHF.
Presumably finishes formation an impulse (v) of [v] of A. On the smaller timeframe, one of possible variants of a counting, assumes formation of a correctional wave iv of (v). If the assumption, truly after the termination of formation of a wave iv of (v) it is possible to expect continuation of growth of US dollar as impulse or Diagonal Triangle formation (v) of [v].
2. Currency pair EUR/USD.
Presumably finishes formation an impulse (v) of [v] of A. On the smaller timeframe, one of possible variants of a counting, assumes formation of a correctional wave iv of (v). If the assumption, truly after the termination of formation of a wave iv of (v) it is possible to expect continuation of growth of US dollar as impulse or Diagonal Triangle formation (v) of [v]. (eur usd downwards).
3. Currency pair GBP/USD.
Presumably finishes the formation an impulse () of [v] of A. Probably, at the given stage, the cable has started formation of a correctional wave [4] of v of (c). If the assumption, truly after the correction termination it is possible to expect continuation of easing of the British against US dollar.
4. Currency pair USD/JPY.
Неисключено that wave formation [x] of 5 proceeds. Probably, it will take the form of a certain Corrective Combination or an Expanded Flat correction. Anyhow, from such point of view, the nearest local direction of pair, upwards.
Igor Pak.
Analyst of company Admiral Markets.
igor.pak@forextrade.ee
At any use of the analytical material taken from a site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for a dealing centre «Admiral Markets», the reference to a company site is obligatory.
