Australia - English
The daily Wave Analysis for April, 24th, 2012.
1. Currency pair USD/CHF.
Supposedly, the wave iv of (i) is forming . If this assumption is correct, after its completion we can expect a downward price movement in line with the wave formation v of (i)
2. Currency pair EUR/USD.
Supposedly, the wave iv of (i) is forming . If this assumption is correct, after its completion we can expect an upward price movement in line with the wave formation v of (i)
3. Currency pair GBP/USD.
Presumably, the impulse iii of (iii) is forming . If this assumption is correct, in line with its development we can expect the further upward price movement.
4. Currency pair USD/JPY.
Presumably, the correctional wave 2 of (5) is forming . If this assumption is correct, in the course of the formation development we can expect an upward price movement.
Igor Pak.
Analyst of company Admiral Markets.
igor.pak@forextrade.ee
At any use of the analytical material taken from the site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for the dealing center «Admiral Markets», the reference to the company site is obligatory.
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