Forex Wave analysis - Page 2
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Thread: Forex Wave analysis

  1. #11

    Wave Analysis 06.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We can’t exclude a possibility that Euro started a descending correction (2) of [C]. However, this assumption has yet to be confirmed.

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  2. #12

    Wave Analysis 07.02.2013 (DJIA Index, Crude Oil)



    The Index continues consolidating; there is a possibility that the price started forming wave [5]. In the near term, the bulls are expected to reach a new local maximum, thus allowing me to move the stop on my buy order into the black.

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  3. #13

    Wave Analysis 08.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We may assume that Euro finished an ascending wave (1), but this assumption has yet to be confirmed. However, if it’s true, then the price is starting a descending correction (2) of [C].

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  4. #14

    Wave Analysis 11.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We may assume that Euro started forming a descending correction (2) of [C].

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  5. #15

    Wave Analysis 12.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We can’t exclude a possibility that Euro started forming a descending correction (2) of [C].

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    ---------- Post Merged at 12:45 PM ----------
    Last edited by RoboForex Columnist; 02-12-2013 at 12:06 PM.

  6. #16

    Wave Analysis 13.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We may assume that the price is forming a descending correction (2) of [C], which may take the form of double three or flat.

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  7. #17

    Wave Analysis 14.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We can’t exclude a possibility that Euro is forming a descending correction (2) of [C].

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  8. #18

    Wave Analysis 15.02.2013 (DJIA Index, Crude Oil)



    It looks like the Index is still forming diagonal triangle pattern inside the fifth wave. In the nearest future the instrument is expected to start moving upwards again. The price may break a local maximum during Friday.

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  9. #19

    Wave Analysis 18.02.2013 (DJIA Index, Crude Oil)



    It looks like the Index is still forming wave 5 of (1). On the minor wave level the price is forming diagonal triangle pattern inside the fifth wave. Most likely, in the nearest future the instrument will continue moving upwards and break a local maximum.

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  10. #20

    Wave Analysis 19.02.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)



    We may assume that Euro is forming a descending correction (2) of [C], which may take the form of zigzag.

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