Friday, June 3, 2011

Momsanaladventures - Boobies

Wave Analysis of Forex: the pairs EUR / USD, GBP / USD

EUR / USD, H1

As expected, the single currency on Thursday was a little stronger against the U.S.. Steam rose nearly two figures and trading results was fixed slightly below $ 1.45. Today, despite the fact that the currency pair was able to test maximum of 1.4517, trading took place near the 1.4490 mark. As you can see, a couple
consolidates. And it may mean that in such a tone will tenders prior to publication in the North American session data on the U.S. labor market. Nevertheless, as the main option is expected to restore the euro / dollar on the current values \u200b\u200band the fixation above 1.4517. Is the formation of momentum, "5" Correction (s) ", which will continue to resist 1.4580. An alternative forecast assumes that pyativolnovka completed, and the rollback of the maximum the Asian session - a sign of the beginning of the corrective wave 'C'. Therefore, the pair is allowed to decrease toward 1.44 marks.
Forecast to improve the course.

GBP / USD, H1

Bidding on Thursday took place in conditions of significant motion dynamics of quotations. In the European session, the pair GBP / USD U.S. launched an attempt to increase and tested a maximum of 1.6417. Nevertheless, to consolidate above this mark and continue to restore the pair failed. Followed a small pullback, but trades were closed in favor of the British currency. We believe the correction is practically formed by converging triangle, which is a sign of trend continuation. Therefore, in continuation of the trading day today once again allow the weakening of the British currency against the U.S.. Structure adjustment «(b)» has been extended and today the currency pair entrenched in the 62-second figure, a mark of 1.6270, dostraivaya wave "c". If, however, narrowing the range of trades currency pair to complete its rotation and the resumption of growth, it seems, will mean the development of alternative wave «alt (c)» to technical levels 1.64 и 1.6430.
Прогноз на понижение курса.

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