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Saturday, November 28, 2015

wave analysis and forecast for 27.11 – 04.12

EUR/USD Wave analysis and forecast for 27.11 – 04.12: The pair is likely to grow.
Estimated pivot point is at a level of 1.0557.

Our opinion: Buy the pair from correction above the level of 1.0557 with the target of 1.12 – 1.15.

Alternative scenario: Breakout and consolidation of the pair below the level of 1.0557 will enable the pair to continue decline to the levels of 1.05 – 1.0450.

Analysis: Presumably, the formation of the “bearish” impetus has completed in the wave c of 2. Locally, it seems that the fifth wave (v), which took a shape of a wedge, has completed and one-two wave of the junior level is being formed. If this assumption is correct, and the price does not break down the critical level of 1.0557, the pair can rise in the third wave of the senior level.
EURUSD H1

EURUSD H4

GBP/USD Wave analysis and forecast for 27.11 – 04.12: The pair is likely to rise.
Estimated pivot point is at a level of 1.5134.

Our opinion: Buy the pair on the breakdown and above the level of 1.5134 with the target of 1.54 – 1.55.

Alternative scenario: Breakout and consolidation of the price below the level of 1.5021 will trigger the decline of the pair to the levels of 1.4950 – 1.4900.

Analysis: Presumably, the formation of the large “bearish” correction has completed in the wave B of 2, while the wave C of the senior level is being developed. Locally, it is likely that one-two impetus of the junior level (i) has been formed and the correction as the wave (ii) has completed at the moment, taking a shape of a plane abc. If this assumption is correct and the price does not break down the critical level of 1.5020, the pair can rise up to the levels of 1.5420 – 1.5520. Breakdown of the level of 1.5134 will be a confirmation of the reversal and the beginning of the rise in the pair.
GPBUSD H1

GPBUSD H4

USD/CHF Wave analysis and forecast for 27.11 – 04.12: Uptrend is nearing completion. The pair is likely to decline.
Estimated pivot point is at a level of 1.0139.

Our opinion: Sell the pair below the level of 1.0139 with the target of 0.98 – 0.95.

Alternative scenario: Breakout and consolidation of the price above the level of 1.0139 will trigger the decline in the pair to the levels of 0.98 – 0.95.

Analysis: The formation of the upward impetus in the wave (c) of y of В is nearing completion. Locally, it is likely that the fifth wave of the junior level v of (c) is being developed, within which the extension is being formed that can take a shape of a wedge. If this assumption is correct, in the near future the pair can reverse and start to decline. In this situation it is risky to buy a pair, however it makes sense to sell the pair below the level of 1.0139. Breakdown of this level will confirm that the reversal has formed and, therefore, the pair can decline.
USDCHF H1

USDCHF H4

USD/JPY Wave analysis and forecast for 27.11 – 04.12: The pair is likely to decline.
Estimated pivot point is at a level of 123.74.

Our opinion: Sell the pair from correction below the level of 123.74 with the target of 121.30 – 118.00. In case of breakdown of the level of 123.80, buy the pair with the target of 124.50.

Alternative scenario: Breakout and consolidation of the price above the level of 123.74 will enable the pair to continue the rise up to 124.50.

Analysis: Presumably, the formation of the upward correction as the wave B has completed in the fourth wave (4). At the moment, it is possible that the wave C of the senior level is being developed, within which one-two impetus (i) is being formed. Critical level for this scenario is 123.25.
USDJPY H1

USDJPY H4

USD/СAD Wave analysis and forecast for 27.11 – 04.12: The pair is likely to decline.
Estimated pivot point is at a level of 1.3438.

Our opinion: Sell the pair from correction below the level of 1.3438 with the target of 1.30 - 1.28.

Alternative scenario: Breakout and consolidation of the price above the level of 1.3438 will enable the pair to continue the rise up to the levels of 1.35 - 1.3550.

Analysis: Presumably, the formation of the double zigzag wxy has completed in the wave B of 4. Locally, it seems that the reversal is being formed, as well as the one-two wave i of the junior level. If this assumption is correct and the price does not break down the critical level of 1.3438, the pair can decline to the levels of 1.30 - 1.28 in the wave С of 4.
USDCAD H1

USDCAD H4

Saturday, November 21, 2015

EUR/USD Wave analysis and forecast for 20.11 – 27.11

Estimated pivot point is at a level of 1.0605.

Our opinion: Buy the pair from correction above the level of 1.0605 with the target of 1.12 – 1.15.

Alternative scenario: Breakout and consolidation of the pair below the level of 1.0605 the pair to continue decline to the levels of 1.0550 – 1.05.

Analysis: Presumably, the formation of the “bearish” correction has completed as the wave 2 of the senior level, which now takes a shape of a plane with extended impetus in the wave c of 2. Locally it seems that a small one-two impetus has been formed. If this assumption is correct, the pair is likely to rise up to 1.11 – 1.12 or higher. Critical level for this scenario is 1.0605.
EURUSD H1

EURUSD H4

GBP/USD Wave analysis and forecast for 20.11 – 27.11: The pair is likely to rise.
Estimated pivot point is at a level of 1.5021.

Our opinion: Buy the pair from correction above the level of 1.5021 with the target of 1.54 – 1.55.

Alternative scenario: Breakout and consolidation of the price below the level of 1.5021 will enable the pair to continue decline to 1.4950 – 1.4900.

Analysis: Presumably, the formation of the large “bearish” correction has completed in the wave B of 2. Locally, it is likely that one-two first wave of the junior level (i) is being formed. If this assumption is correct, the pair will continue to rise up to the levels of 1.54 – 1.55.
GPBUSD H1

GPBUSD H4

USD/CHF Wave analysis and forecast for 20.11 – 27.11: The rise in the pair has completed. The pair is likely to decline.
Estimated pivot point is at a level of 1.0216.

Our opinion: Sell the pair below the level of 1.0216 with the target of 0.98 – 0.95.

Alternative scenario: Breakout and consolidation of the price above the level of 1.0216 will enable the pair to continue the rise p to 1.0300.

Analysis: Presumably, the formation of the double zigzag wxy has completed in the wave B. Locally it seems that the formation of the upward impetus has completed in the wave (с) of y of B, while the development of the one-two wave (i) of the junior level has began. If this assumption is correct and the price does not break down the critical level of 1.0216, the pair can decline to the levels of 0.95 – 0.9245 in the wave С оf 2.
USDCHF H1

USDCHF H4

USD/JPY Wave analysis and forecast for 20.11 – 27.11: The pair is likely to decline.
Estimated pivot point is at a level of 123.80.

Our opinion: Sell the pair from correction below the level of 123.80 with the target of 121.30 – 118.00. In case of breakdown of the level of 123.80, buy the pair with the target of 124.50.

Alternative scenario: Breakout and consolidation of the price above the level of 123.80 enable the pair to continue the rise up to the levels of 124.50.

Analysis: Presumably, the formation of the upward correction as the wave B has completed in the fourth wave c of B, within which we can observe completed impetus and developed one-two impetus as the wave i of (i). If this assumption is correct and the price does not break down the critical level of 123.80, the pair will continue to decline to the levels of 121.30 – 118.00.
USDJPY H1

USDJPY H4

USD/СAD Wave analysis and forecast for 20.11 – 27.11: The pair is likely to decline.
Estimated pivot point is at a level of 1.3370.

Our opinion: Sell the pair from correction below the level of 1.3370 with the target of 1.30 - 1.28.

Alternative scenario: Breakout and consolidation of the price above the level of 1.3370 will enable the pair to continue the rise up to the levels of 1.3450 - 1.35.

Analysis: Presumably, the formation of the upward trend has completed in the wave b of A, which now has a shape of a zigzag. Locally, it is likely that the one-two wave (i) is being formed. If this assumption is correct and the price does not break down the critical level of 1.3370, it is possible that the pair will go down to 1.30 – 1.28 in the wave с of A. 
USDCAD H4

USDCAD Daily

Sunday, November 15, 2015

wave analysis and forecast for 13.11 – 20.11

EUR/USD Wave analysis and forecast for 13.11 – 20.11: The pair is likely to grow.
Estimated pivot point is at a level of 1.0668.

Our opinion: Buy the pair above the level of 1.0668 with the target of 1.15.

Alternative scenario: Breakout and consolidation of the pair below the level of 1.0668 will enable the pair to continue decline to the levels of 1.06 – 1.0550.

Analysis: Presumably, the formation of the correction has completed as the wave 2 of the senior level, which took a shape of a double zigzag wxy. Locally, it seems that the formation of the zigzag in the wave y of 2 has completed, while one-two impetus (i) of the junior level is being developed in the wave 3. If this assumption is correct and the price does not break down the critical level of 1.0668, the pair can grow up to the level of 1.15.
EURUSD H4

EURUSD Daily

GBP/USD Wave analysis and forecast for 13.11 – 20.11: The pair is likely to rise.
Estimated pivot point is at a level of 1.5021.

Our opinion: Buy the pair from correction above the level 1.5021with the target of 1.56 – 1.58.

Alternative scenario: Breakout and consolidation of the price below the level of 1.5021 will enable the pair to continue decline to 1.4950 – 1.4900.

Analysis: Presumably, the formation of the large “bearish” correction has completed in the wave B of 2. Locally, it is likely that the wave c of B has completed and one-two impetus (i) of the junior level is being formed in the wave С of 2. If this assumption is correct and the price does not break down the critical level of 1.5021, the pair will continue to rise up to 1.55 – 1.56.
GPBUSD H4

GPBUSD Daily

USD/CHF Wave analysis and forecast for 13.11 – 20.11: In the medium-term the pair is likely to decline.
Estimated pivot point is at a level of 1.0090.

Our opinion: Sell the pair below the level of 1.0090 with the target of 0.97 – 0.95.

Alternative scenario: Breakout and consolidation of the price above the level of 1.0090 will enable the pair to continue the rise p to 1.0200.

Analysis: Presumably, the formation of the double zigzag is nearing completion in the wave B. Locally, it is likely that the formation of the upward impetus in the wave (с) of y of B ahs completed. If this assumption is correct, the pair is likely to drop in the wave С оf 2.
USDCHF H1

USDCHF H4

USD/JPY Wave analysis and forecast for 13.11 – 20.11: The pair is likely to decline.
Estimated pivot point is at a level of 123.45.

Our opinion: Sell the pair below the level of 123.45 with the target of 120.24. In case of breakdown of the level of 123.45 buy the pair with the target of 124.50.

Alternative scenario: Breakout and consolidation of the price above the level of 123.45 will enable the pair to continue the rise up to the levels of 124.50.

Analysis: Presumably, the formation of the double zigzag wxy has completed in the wave B. At the moment, it seems that the one-two wave of the junior level is being formed in the wave C of 4. If this assumption is correct and the price does not break down the critical level of 123.45, the pair can drop to the level of 120.24.
USDJPY H1

USDJPY H4

USD/СAD Wave analysis and forecast for 13.11 – 20.11: The rise in the pair is nearing completion. The pair is going to decline in the meadium-term.
Estimated pivot point is at a level of 1.3219.

Our opinion: Sell the pair after breakdown and consolidation below the level of 1.3219 with the target of 1.30 - 1.2710.

Alternative scenario: Breakout and consolidation of the price below the level of 1.3219 will enable the pair to continue decline to 1.30 - 1.2710.

Analysis: Presumably, the formation of the upward correction is nearing completion in the wave b of А of 4, which has a shape of a zigzag. Locally it seems that the impetus in the wave(c) of b is nearing completion. If his assumption is correct, after breakdown of the level of 1.3219 the pair will begin to decline in the wave c of A. Critical level for this scenario is 1.3454. Breakdown of this level will trigger the rise in the pair to the levels of 1.3550 – 1.3600 within the long-term uptrend. 
USDCAD H4

USDCAD Daily