Analysis for March 3rd, 2015
EUR USD, “Euro vs US Dollar”
Euro is still forming an impulse inside a large descending wave (v) of [iii]
. Most likely, in the nearest future, the market may continue falling and stay below 1.1100.
Probably, the pair has already completed a correctional wave ii of (v) of [iii]
in the form of running flat
. In the nearest future, the market is expected to move downwards and stay below the confirming level at 1.1158.
GBP USD, “Great Britain Pound vs US Dollar”
Pound is still forming a large descending impulse inside wave 5 of (1)
. The pair is moving below the critical level and in the nearest future is expected to continue moving downwards.
Probably, the pair has finished a correctional wave [ii] of 5 of (1)
in the form of expanded flat
. In the future, Pound is expected to continue falling inside wave [iii] of 5 of (1)
and stay below 1.5300.
USD JPY, “US Dollar vs Japanese Yen”
Probably, Yen has already completed the first three waves of a large ascending impulse 3 of (5) of 
. In the nearest future, the price is expected to stay above 120.00.
Most likely, the price has finished wave (i) of [iii] of 3
and right now is forming a correctional pattern inside wave (ii) of [iii] of 3
. The pair is expected to consolidate in the range between 119.25 – 119.45 and then start forming a new ascending movement inside a larger impulse.
USD CAD, “US Dollar vs Canadian Dollar”
After finishing horizontal triangle
inside wave (4) of 
, the pair is in no hurry to grow fast, although it has already formed the first impulse inside wave (5) of 
. The price is expected to continue moving upwards.
Most likely, the pair has finished a correctional wave 2 of (5) of 
and right now is forming a large ascending impulse inside wave 3 of (5) of 
. In the future, the price is expected to continue growing.
RoboForex Analytical Department