Currency pair USD/CHF
While the pair is in frameworks of the forecast which has been made for June.
http://forums.forextrade.ru/attachment.php?attachmentid=15658&d=1275239726
http://forums.forextrade.ru/attachment.php?attachmentid=15659&d=1275239726
Presumably, the wave (1) of [C] of [3] is generated also the price has already started formation of a correctional wave (2) of [C] of [3]. Probably, it will take the form of a simple Zigzag in which frameworks wave A of (2) is formed. If the assumption is true, in July the US dollar will continue falling within the limits of formation of wave A of (2) then will start recovery as construction of correctional wave B of (2).


Currency pair EUR/USD
Euro while as well as swiss remains within the limits of the June forecast.
http://forums.forextrade.ru/attachment.php?attachmentid=15660&d=1275239726
http://forums.forextrade.ru/attachment.php?attachmentid=15661&d=1275239726
Presumably, the wave (1) of [C] of [3] is generated also the price has already started formation of a correctional wave (2) of [C] of [3]. Probably, it will take the form of a simple Zigzag. However it is visible, that concerning euro US dollar not to hurry up to fall. Probably, the first wave [i] of A of (2) is generated only and at the given stage the correctional wave [ii] of A is formed. Eсли it so, in July it is possible to expect continuation of falling of US dollar (eur usd upwards), as wave formation [iii] or [c] of A.


Currency pair GBP/USD
Presumably the cable has finished a wave (B) of [Y], look the forecast for June,
http://forums.forextrade.ru/attachment.php?attachmentid=15662&d=1275239726
http://forums.forextrade.ru/attachment.php?attachmentid=15663&d=1275239742
Also the first waves of an impulse or a Diagonal Triangle () of [Y] are already formed.
Probably, at present finishes formation a wedge [i] of 1 of (C). If the assumption is true, the part of July will be devoted formation of a correctional wave [ii] of (1) then US dollar falling will proceed with new force as impulse formation [iii] of 1


Currency pair USD/JPY
The yen while moves within the limits of the June forecast,
http://forums.forextrade.ru/attachment.php?attachmentid=15664&d=1275239742
http://forums.forextrade.ru/attachment.php?attachmentid=15665&d=1275239742
In too time the complete set of waves at smaller levels compels to look at an overall picture under other corner of sight.
Probably wave [4] of v still will continue the formation as a Double Three (W) - (X) - (Y) in which frameworks, formation of a wave of a sheaf X of (Y) of [4] at present comes to an end.
If the assumption is true, in July it is necessary to expect growth of US dollar as formation of wave Y of (Y) of [4].


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.