{"id":1204,"date":"2014-05-17T15:24:45","date_gmt":"2014-05-17T15:24:45","guid":{"rendered":"http:\/\/pakistanoffice.com\/live\/?p=1204"},"modified":"2014-05-17T15:32:09","modified_gmt":"2014-05-17T15:32:09","slug":"eurusd-wave-analysis-and-forecast-of-16-05-23-05","status":"publish","type":"post","link":"http:\/\/www.pakistanoffice.com\/live\/free-forex-technical-analysis-signals\/eurusd-wave-analysis-and-forecast-of-16-05-23-05","title":{"rendered":"EUR\/USD: Wave analysis and forecast of 16.05 \u2013 23.05"},"content":{"rendered":"<p><span style=\"font-size: 14px; font-family: Arial; color: #333333; display: block; padding: 0px 0px 20px 0px;\"><b><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-1322\" src=\"http:\/\/inurdu.net\/forexeducation\/wp-content\/uploads\/2014\/05\/EURUSD-D12-600x480.png\" alt=\"EURUSD-D1\" width=\"600\" height=\"480\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-1323\" src=\"http:\/\/inurdu.net\/forexeducation\/wp-content\/uploads\/2014\/05\/EURUSD-H42-600x480.png\" alt=\"EURUSD-H4\" width=\"600\" height=\"480\" \/>EUR\/USD: Wave analysis and forecast of 16.05 \u2013 23.05: <\/b>The pair is likely to decline. <\/span><span style=\"font-size: 14px; font-family: Arial; color: #333333; display: block; padding: 0px 0px 20px 0px;\"><b>Estimated pivot point is at the level of 1.3993.<\/b><\/p>\n<p><b>Our opinion:<\/b> In the short-term: buy the pair above the level of 1.3645 with the target of 1.3820. In the medium-term: wait for the completion of the correction and sell below the level of 1.3993 with the target of 1.35 &#8211; 1.3477.<\/p>\n<p><b>Alternative scenario:<\/b> Breakout of the level of 1.3993 will enable the price to continue growth to the level of 1.41.<\/p>\n<p><b>Analysis:<\/b> Presumably, the formation of the in-lead momentum as the first wave has completed. Locally, the pair may experience upward correction in the second wave to the levels of 50% &#8211; 1.3820. If this assumption is correct, following the completion of the local correction, the pair will continue to decline to the levels of 1.35 \u2013 1.3470. Critical level for this scenario is 1.3993.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD: Wave analysis and forecast of 16.05 \u2013 23.05: The pair is likely to decline. Estimated pivot point is at the level of 1.3993. Our opinion: In the short-term: buy the pair above the level of 1.3645 with the target &hellip; <a href=\"http:\/\/www.pakistanoffice.com\/live\/free-forex-technical-analysis-signals\/eurusd-wave-analysis-and-forecast-of-16-05-23-05\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[17,19,124,109],"_links":{"self":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/1204"}],"collection":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/comments?post=1204"}],"version-history":[{"count":1,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/1204\/revisions"}],"predecessor-version":[{"id":1205,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/1204\/revisions\/1205"}],"wp:attachment":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/media?parent=1204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/categories?post=1204"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/tags?post=1204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}