{"id":115078,"date":"2017-10-20T07:27:34","date_gmt":"2017-10-20T11:27:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=115078"},"modified":"2018-06-01T15:55:30","modified_gmt":"2018-06-01T15:55:30","slug":"forex-technical-analysis-forecast-19-10-2017-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/10\/forex-technical-analysis-forecast-19-10-2017-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent-2\/","title":{"rendered":"Forex Technical Analysis & Forecast 19.10.2017 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
October 20, 2017<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n

The EUR\/USD pair has almost completed the correction and right now forming a new descending impulse. Possibly, the price may reach 1.17954 and then grow towards 1.1816. After that, the instrument may resume falling to reach 1.1726. And that\u2019s just a half of the wave with the local target at 1.1600.<\/p>\n

\"EURUSD\"<\/p>\n

 <\/p>\n

GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>\n

The GBP\/USD pair has broken the consolidation channel downwards and right now is still falling. The local target of the wave is at 1.3050. Later, in our opinion, the market may be corrected towards 1.3131 and then continue falling inside the downtrend with the target at 1.2920.<\/p>\n

\"GBPUSD\"<\/p>\n

 <\/p>\n

USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/strong><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

The USD\/CHF pair has finished the correction along with the ascending impulse to break 0.9836, and right now is being corrected. We think, today the price may fall towards 0.9800. After that, the instrument may continue growing with the target at 0.9931.<\/p>\n

\"USDCHF\"<\/p>\n

 <\/p>\n

USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/strong><\/p>\n

The USD\/JPY pair is moving upwards. Possibly, the price may choose an alternative scenario and grow towards 114.08. According to the main scenario, the market may fall to reach 111.35.<\/p>\n

\"USDJPY\"<\/p>\n

 <\/p>\n

AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

The AUD\/USD pair is still consolidating above 0.7821. If later the instrument breaks this range to the upside, the market may grow and reach 0.7925; if to the downside \u2013 resume falling inside the downtrend towards the local target at 0.7750.<\/p>\n

\"AUDUSD\"<\/p>\n

 <\/p>\n

USD RUB, \u201cUS Dollar vs Russian Ruble\u201d<\/strong><\/p>\n

The USD\/RUB pair is trading below 57.54 and may continue the correction to reach 57.86. Later, in our opinion, the market may continue falling inside the downtrend towards the local target at 56.65.<\/p>\n

\"USDRUB\"<\/p>\n

 <\/p>\n

XAU USD, \u201cGold vs US Dollar\u201d<\/strong><\/p>\n

Gold has returned to 1288.80, rebounded from it downwards, and right now is still falling. Possibly, the price may fall to reach 1270.70 and then trade to the upside with the target at 1288.80.<\/p>\n

\"GOLD\"<\/p>\n

 <\/p>\n

BRENT<\/strong><\/p>\n

Brent has completed the correction. We think, today the price may grow to break the descending correctional channel. After that, the instrument may break the channel and continue moving upwards with the target at 58.90. Later, in our opinion, the market may fall towards 57.80 and then start another growth to reach 59.50.<\/p>\n

\"BRENT\"<\/p>\n

 <\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair has almost completed the correction and right now forming a new descending impulse. Possibly, the price may reach 1.17954 and then grow towards 1.1816. After that, the instrument may resume falling to reach 1.1726. And that\u2019s just a half of the wave with […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-115078","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=115078"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115078\/revisions"}],"predecessor-version":[{"id":115080,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115078\/revisions\/115080"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=115078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=115078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=115078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}