Monthly Wave Analysis, August, 2007

Introduction

In the forecast for the second half of the year 3 most probable scenarios of movement were given for the currency pairs under consideration [see Annual-07(2)]. The price might have made its choice and in this forecast for August 2007 most probable scenario from my point of view is described.

Note

This report reveals the analyst opinion of the situation at the moment of its release. This report is subject to change, it will be reflected in daily analyses or in additional articles in Wave analysis.

It should be remembered that EWA forecasts show probable price movements.

Reference

• FOREX Forecast for 2007
• FOREX Forecast for the 2nd Half of 2007

• EUR/USD (Monthly Wave Analysis, August, 2007)
• GBP/USD (Monthly Wave Analysis, August, 2007)
• USD/JPY (Monthly Wave Analysis, August, 2007)
• USD/CHF (Monthly Wave Analysis, August, 2007)

• Imaginary Skewer
• Check point. USD fall may continue till May 2007
• Check point. Normal flight.
• Possible perspectives of the European currencies for 2007
• Check Point, Intermediate Results and Nearest Perspectives
• Alternate but Real Weakening of the Dollar till the End of the Summer (or the End of 2007)

• Wave analysis
• Elliott's Code: Wave Analysis of the FOREX Market
• Wave Counting Marking
• Methods of Price Movement Projection (EWA)
• How to Apply EWA Forecasts

Dmitry Voznuy
forDmitry@yahoo.com

August 4, 2007

When using any part of the article for publication or analytical materials reference to the author and Alpari IDC Corp. is obligatory.