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Wave analysis

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Wave analysis of the Forex market or Elliott wave principle is the type of technical analysis considering price to be similar to ebbs and flows. All price movements on the Forex market are subject to two types of waves:
- Impulse, or motive, phase – the waves which move price up or down (shown by digits)
- Correction phase: waves that respond to impulse (shown by letters).

2015	EURUSD	GBPUSD	USDJPY
27 Tháng mười một	In anticipation of the impulse growth The last trading day yielded no results once again, the pair had been standing still for the whole day. In this sense, Friday should be very interesting, because the final day of the trading week give a cause for a good movement. In the present case, we expected a beginning of development of impul Thêm	The upward movement has a priority As for the considered pair, no significant changes have happened, because the previous trading day in the USA was holiday. So, the pair also had been standing still for the whole day. In this regard, our expectations on this pair remain the same. In the future, we expect acceleration of impulse d Thêm	Downward scenario is still relevant The considered pair also showed nothing unexpected as well as expected. Price was traded at the same price as it did before. It is possible that today would be a more interesting day in the view of price fluctuations. Our expectations also remain the same, so at the moment we expect further drop Thêm
26 Tháng mười một	The final diagonal triangle is ready	Development of the wave iii is expected	We expect impulse decline of the pair
25 Tháng mười một	Expectations are met	Strong impulse growth is expected	Impulse decline is expected
24 Tháng mười một	Euro is expected to start consolidation	Ascending impulse is expected to evolve	Yen is undertaking a task
23 Tháng mười một	Strained to the limit	Impulse growth is expected	Uncertainty

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Wave analysis

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