Analysis for April 14th, 2014
EUR USD, “Euro vs US Dollar”
Possibly, Euro is finishing diagonal triangle [v] of C of (D) of ascending zigzag (D) of [B], which may be followed by final descending zigzag (E) of [B].
Probably, price is forming final ascending zigzag (v) of [v] of C of (D). Pair has already finished ascending impulse a of (v) of [v] of C of (D) and right now is forming descending correction b of (v) of [v] of C of (D).
Possibly, pair completed ascending impulse a of (v) and started forming descending correction b of (v), may be in the form of zigzag.
GBP USD, “Great Britain Pound vs US Dollar”
Probably, Pound is completing final wedge [c] of D of ascending zigzag D of (B) with extension in its first wave (i) of [c]. After completing zigzag D of (B), price is expected to start final descending zigzag E of (B).
Probably, pair is forming final ascending wave (v) of [c] of D. Right now, price is expected to form descending correction iv of (v) of [c].
Possibly, price completed ascending impulse iii of (v) and started forming descending correction iv of (v).
USD CHF, “US Dollar vs Swiss Franc”
Probably, Franc is completing diagonal triangle (v) of [c] of D of descending zigzag D of (4), which may be followed by final ascending zigzag E of (4).
Possibly, price is forming final descending zigzag v of (v) of [c] of D. Pair has already completed descending impulse [A] of v of (v) of [c] of D and right now is forming ascending correction [B] of v of (v) of [c] of D.
Possibly, price completed descending correction [A] of v and started forming ascending correction [B] of v.
USD JPY, “US Dollar vs Japanese Yen”
Probably, Yen is finishing long horizontal correction 4 of (A). If this assumption is correct, then after completing skewed triangle 4, price is expected to make final ascending movement inside wave 5 of (A).
Possibly, pair is completing skewed triangle 4, which may be followed by final ascending wave 5.
Probably, price is finishing descending double zigzag [e] of 4, which may be followed by final ascending wave 5.
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