Wave forex forecast for the week 14.11 - 18.11.2016: EUR / USD - the probability of growth of quotations!

11 ноября 2016 - Fx4News
Wave forex forecast for the week 14.11 - 18.11.2016: EUR / USD - the probability of growth of quotations!

 EUR / USD Forex Wave analysis and forecast for the week 14.11 - 11.18.2016 :. Expected price growth in the euro dollar 

Estimated pivot point is at 1.0848. 

Our opinion : traders should buy the pair EUR / USD on corrections above the level of 1.0848 with the aim of 1.1274 - . 1.14 

Alternative scenario: a break and consolidation of the euro below 1.0848 will allow the pair EUR / USD to continue to fall to around 1.0770.

 

 

 

Course Analysis EUR / USD : According to the wave pattern formed, presumably completed the development of a major downward correction in wave 2 as a senior. Locally, apparently, began the development of the third wave 3, in which, completed junior downward correction as a wave (ii). If the assumption, truly it is logical to expect growth of pair as part of the third wave (iii) to marks 1.1274 - 1.1450. Critical to this scenario is the level of 1.0848.

 

 

GBP / USD Forex Wave analysis and forecast of the dollar the pound for the week 14.11 - 18.11.2016 : The probability of the course of growth of pair pound dollar saved. 

Estimated pivot point is at 1.2353. 

Our opinion : traders should buy the pair GBP / USD on corrections above the level of 1.2353 with . the purpose of 1.2640 - 1.2770 

Alternative scenario : a break and consolidation below the price level of 1.2353 will allow the pair to continue to decline to around 1.2077. 

course Analysis pound dollar : Presumably, formation of an upward correction in the fourth wave 4 senior level.At the moment, apparently, formed bullish momentum as the wave a of 4, in which, supposedly, ended local correction (iv) and is forming the fifth wave (v). If the assumption is true, then the pair will continue to grow to the level of 1.2640. Critical to this scenario is the level of 1.2353.

 

 

USD / CHF wave analysis and forecast for the week 14.11 - 18.11.2016 :. Expected depreciation of the dollar franc 

Estimated pivot point is at 0.9994. 

Our opinion: Sell pair USD / CHF from correction below 0.9994 with the aim of 0.9474. 

Alternative scenario : A break and fixing prices above the level of 0.9994 will allow the pair to continue to grow to the level of 1.0100. 

Analysis : Presumably, formation of upward correction senior level as wave 2. Locally, apparently formed filar momenta of junior level as the wave (i) and a correction to the it in the form of an irregular plane wave (ii). If the assumption, truly it is logical to expect decrease in pair to the 0.9474 mark in the third wave (iii). Critical to this scenario is the level of 0.9994.

 

USD / JPY wave analysis and forex forecast of the dollar, the yen for the week 14.11 - 11.18.2016 :. It is necessary to wait for reduction of quotations 

Estimated pivot point is at 107.00. 

Our opinion : Traders at the auction of the week is rodavat USD / JPY pair from correction below 107.00 with a view to 104.07. In case of breakdown and fixing of the dollar, the yen above the level of 107.00, buy with a view to 108.57. 

Alternative scenario : A break and consolidation quotes USD / JPY above the level of 107.00 will allow the pair to continue to grow to the level of 108.57. 

Course Analysis of the dollar, the yen: Presumably, formation of the ascending correction ( B) the senior level.Locally, apparently, is the development of the third wave iii of A, in which the momentum generated filar (i) and is expected to fall within the wave (ii) to the level of 104.07. Critical to this scenario is the level of 107.00.

 

USD / CAD wave analysis and forecast of the Canadian dollar on the week 14.11 - 11.18.2016 : The probability of the growth is maintained. 

Estimated pivot point is at 1.3260. 

Our view : Buy a pair of correction above 1.3260 level with the aim 1.36. In case of breakdown and fixing prices below the level of 1.3260, selling for the purpose of 1.30. 

Alternative scenario : A break and consolidation rates below the level of 1.3260 will allow the pair to continue to decline to around 1.30 in the framework of a deeper correction. 

Analysis USD / the product range CAD : Presumably, formation of the long-term correction as a wave in the senior level, which takes the form of a triple Three wxyxz in which frameworks the z of B. final wave Locally, apparently, is the development of wave (c) of z, in which developing third wave iii of (c). If the assumption is true, within the limits of the trend is logical to expect continuation of growth of pair to around 1.36. Critical to this scenario is the level of 1.3260.

 

 

 

The author analyzes - 
Alexander Geuta, 
trader and analyst LiteForex

 

 

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