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 picture 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.
It is presumably formed the wave [1] of iii of (v) (was generated). Depth of the begun correction will help to specify details of ascending structure. Anyhow, the basic expectations while remain former - the new coil of strengthening of US dollar as an impulse or a Diagonal Triangle (v) of [v] of A is formed.
2. Currency pair EUR/USD.
It is presumably formed the wave [1] of iii of (v) (was generated). Depth of the begun correction will help to specify details of ascending structure. Anyhow, the basic expectations while remain former - the new coil of strengthening of US dollar as an impulse or a Diagonal Triangle (v) of [v] of A is formed.
3. Currency pair GBP/USD.
Presumably, within the limits of impulse formation i of (v) the wave [1] of v finishes a complete set. For this purpose that it would come to the end to the price it is necessary to generate an impulse or a Diagonal Triangle (1) of [1]. If the assumption, truly after correction [2] of v, cable falling will proceed with new force as a wave [3] of v.
4. Currency pair USD/JPY.
The price has shaken in an expected direction, however an intrigue will remain. The impulse i of (c) of [y] is presumably formed. But while acknowledgement to it is not present. If the formed impulse does not receive due development as a wave [5] of i, most likely, the scenario should be reconsidered.
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.
