The daily Wave Analysis for November, 25th, 2010.

Notes

1. To date, Wave Analysis - is the most flexible, powerful and promising tool, which allows for all time intervals to predict the trends that lead to certain changes in the financial schedules

2. One of the properties of this tool is its lack of formalization, on the basis of which, the opinion of the author of this forecast, made on the basis of the Wave Analysis, is always subjective.

3. Since the wave pattern is constantly changing, the forecast based on Wave Analysis reflects the opinion of the author at the time of publication of the forecast.

4. Wave Analysis is not a trading system. This is not a signal generator to enter into or exit from the transaction, thus inflicted on a schematic chart the direction of price movement should not be a trader guide to action for opening positions.

5. In the case of the formation of market conditions, which, according to the author can use to draw up a trading plan, the chart will be further specified levels confirm the scenario, the optimal levels of inputs and the abolition of the selected scenario.
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1. Currency pair USD/CHF.



Presumably, the price continued formation of correctional wave (iv) of [a] which as a result became Triple Three. If it so it is possible to expect growth of pair as impulse or Diagonal Triangle (v) of [a].

2. Currency pair EUR/USD.



While the euro remains within the limits of the forecast. Presumably, formation of impulse (v) of [a] proceeds. Probably, the price started his finishing stage v of (v). If the assumption is true, it is possible to expect continuation of falling of pair, within the limits of his complete set waves of smaller degree.

3. Currency pair GBP/USD.



Presumably, development of impulse (v) of [a] proceeds. Probably, at present the price forms correctional wave iv of (v). If the assumption is true, after her end, it is possible to expect continuation of falling of cable as impulse or Diagonal Triangle v of (v) of [a].

4. Currency pair USD/JPY.



While expectations didn't change. Presumably, the price started development of impulse or Diagonal Triangle [v] of 1. If the assumption is true, within the limits of his formation it is possible to expect continuation of growth of pair. At the same time, actual market mood, this idea still demands the confirmation.

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

At any use of the analytical material taken from site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for dealing center «Admiral Markets», the reference to site of the company is obligatory.