Analysis for April 15th, 2014
EUR USD, “Euro vs US Dollar”
Probably, 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].
Possibly, 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).
Probably, 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).
Possibly, 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].
Probably, price is forming descending correction iv of (v), which may take the form of long horizontal pattern.
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.
Probably, price is forming ascending correction [B] of v, which may take the form of zigzag.
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).
Probably, pair is completing skewed triangle 4, which may be followed by final ascending wave 5.
Possibly, price is finishing descending double zigzag [e] of 4, which may be followed by final ascending wave 5.
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