Forex Wave analysis and forecast

Wave analysis is a type of technical analysis of the market. According to it, the basis of any market fluctuations is Elliot waves. Making market predictions based on wave patterns doesn’t require any indicators and is considered as one of the most descriptive types of analysis.

17.05.2017

Wave Analysis 17.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

Admittedly, development of a double zigzag in the wave [a] or [w] is coming to an end.
16.05.2017

Wave Analysis 16.05.2017 (EUR/USD)

A double zigzag within the wave [a] of [w] continues to form.
15.05.2017

Wave Analysis 15.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

After the double zigzag [a] or [w] was over, a descending impulse in the direction of the wave (а) was formed.
12.05.2017

Wave Analysis 12.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

Probably, the GBP/USD pair completed the extension in the wave [iii].
11.05.2017

Wave Analysis 11.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

Possibly, the EUR/USD pair completed the double zigzag in the wave [a] of [w], which means that the price may resume moving downwards.
10.05.2017

Wave Analysis 10.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

Probably, the EUR/USD pair completed the double zigzag in the wave [a] of [w], which means that the price may resume moving downwards.
09.05.2017

Wave Analysis 09.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

Possibly, the EUR/USD pair completed the double zigzag in the wave [a] of [w].
08.05.2017

Wave Analysis 08.05.2017 (EUR/USD, GBP/USD, USD/JPY, AUD/USD)

It looks like the EUR/USD pair is forming the double zigzag, which may be the wave [a] of [w].