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 Structure 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.
At present the Wave Structure on the smaller Swiss levels is ambiguous. In the given situation there is a sense to consider pair of variants which do not contradict expectations of the beginning of growth of US dollar, against euro and cable. Probably, formations at smaller levels will prompt in advance the optimal variant.
2. Currency pair EUR/USD.
The euro ascension forces to modify a counting of smaller levels, but expectations have not changed yet. Presumably the Wave (b) of [a] takes the form of a Double Zigzag and has at present reached 127 % of recovery (a) of [a], that is to optimum values Fibo for waves «B» an Expanded Flat. If the assumption is true, the next week will be devoted growth of US dollar as an impulse or a Diagonal Triangle (c) of [a]. (eur usd downwards).
3. Currency pair GBP/USD.
Presumably the wave (b) of [a] is generated. If the assumption is true, the next week will be devoted formation of descending movement of cable as impulse or Diagonal Triangle formation (c) of [a] of X.
4. Currency pair USD/JPY.
Yen while within the limits of the forecast. The impulse v of (v) of [c] is presumably formed. If the assumption is true, pair falling will proceed without considerable corrections.
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.
