The Daily Wave Analysis
Currency pair USD/CHFIt is not excluded, that wave formation [a] of 2, differently intermediate term strengthening of US dollar has begun. However, the price finding in border a channel trend, in a combination to an euro and cable Wave Structure, specifies in equiprobable possibility of continuation of a descending trend, after the termination of a certain Corrective Combination.
Currency pair EUR/USD
Presumably, the correctional wave (iv) of [v] of 1 is formed. Probably, it becomes a Corrective Combination or an Expanded Flat in which frameworks the wave b of (iv) at present is formed. If the assumption is true, that after the termination of a correctional wave [b] of b, it is possible to expect short-term growth of pair as an impulse or a Diagonal Triangle [C] of b.
Currency pair GBP/USD.
The working variant of a counting of a formed impulse [v] of A, is changed. Presumably, within the limits of impulse end (iii) of [v], the Diagonal Triangle v of (iii) is formed. If the assumption truly that is possible short-term growth of pair as formation of a wave [5] of v of (iii).
Currency pair USD/JPY.
It is not excluded, that the impulse (v) of [c] of 5 is finished. That in turn, assumes the beginning of intermediate term strengthening of US dollar, within the limits of formation of a correctional wave [4] of v. However, while, it only the assumption which demands a complex of acknowledgement. While they are not present, there is quite real prospect of continuation of descending movement, within the limits of the specified alternative



 


 Waheed Mahmood
Waheed Mahmood
 








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