Analysis for April 1st, 2015
EUR USD, “Euro vs US Dollar”
Euro is still forming a large descending impulse inside wave
(iii) of [v] of 3. Most likely, in the nearest future, the price will continue reaching new local lows.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/EURUSDH4.png)
The pair is moving close to its critical level at 1.0948, thus confirming the main scenario, which implies that the market may be forming an
extension inside wave
(iii) of [v], which may continue in the nearest future.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/EURUSDH1.png)
GBP USD, “Great Britain Pound vs US Dollar”
The price is in no hurry to make serious descending movement, but, most likely, it will continue falling inside wave
[iii] of 3 in the nearest future.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/GBPUSDH4.png)
Probably, the market has finished wave
(i) of [iii] in the form of
leading diagonal triangle and started an ascending
zigzag inside wave
(ii) of [iii]. Most likely, in the nearest future, the pair may stay below the confirming level (crimson line).
![](https://www.roboforex.ru/files/forecasts/wave/01042015/GBPUSDH1.png)
USD JPY, “US Dollar vs Japanese Yen”
The current descending correction is deep, which means that the price has started forming an
extension inside
[iii] of 3. Most likely, in the nearest future, the pair will continue growing.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/JPYH4.png)
Probably, the pair has formed waves
(i) of [iii] and
(ii) of [iii] of the
extension inside wave
[iii] of 3. In the nearest future, the price is expected to continue growing and reach new local highs.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/JPYH1.png)
USD CAD, “US Dollar vs Canadian Dollar”
So, just as we expected, the market has finished the first impulse inside wave
[5] of iii. After a short-term correction inside wave
(2) of [5] of iii, the pair is expected to reach new highs above 1.3000.
![](https://www.roboforex.ru/files/forecasts/wave/01042015/USDCADH4.png)
The pair is about to complete a fast correction inside wave
(2) of [5] of iii in the form of descending
zigzag. Most likely, in the nearest future the market will continue growing inside wave
(3) of [5] of iii.
RoboForex Analytical Department