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CURRENCIES TECHNICAL ANALYSIS June.15

EURUSD

Looks like that the [a] wave continues its formation on which the diagonal triangle progresses on [5].  However, it’s required to wait for the price lowering resuming prove to which could be the bearish impulse that forms on (i).

 

GBPUSD

It seems that the ascending move happens by (5) wave. Zigzag was formed on (4) earlier. In case the expectations are met then as soon as the correction is over the further ascending pair move on [iii] is possible soon.

 

USDJPY

Looks as the (ii) continues its formation by Japanese Yen. Ascending impulse on (i) was formed earlier. As a result the price growth resuming in frames of forthcoming (iii) wave could be expected in future.

 

AUDUSD

The [iii] wave takes the double zigzag shape due to which the (y) continues its formation. Prove of the price lowering resuming will be the bearish impulse formation in direction of [iii].

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