EUR/USD (Monthly, January)

For illustrative purposes schematic forecast of EUR movement two months ago is given in the chart.

The current wave counting

For the survey EUR wave counting refer to Review of the Bigger Time-Frames (Annual WA for 2008).

The fourth wave [iv] of impulse C may have started to form. But so far there is no confirmation of the completion of wave [iii] of C.

The detailed wave counting on the smaller time-frames and parameters of possible trading plans can be seen in the daily forecasts.

Reference

• The review of the bigger Time-Frames (Annual Wave Analysis, 2008)
• GBP/USD (Annual, 2008)
• USD/CHF (Annual, 2008)
• USD/JPY (Annual, 2008)

• Monthly Wave Analysis, January, 2008
• GBP/USD, (Monthly Wave Analysis, January, 2008)
• USD/JPY, (Monthly Wave Analysis, January, 2008)
• USD/CHF (Monthly Wave Analysis, January, 2008)

• Imaginary Skewer
• Let's Analyze Zigzag Wave Construction
• The Impulsive Decline of the Dollar as One of the Possible Scenarios
• Possible Trade with an Excellent Profit/Risk Ratio

• 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

January 21, 2008

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