{"id":117805,"date":"2017-12-08T08:00:51","date_gmt":"2017-12-08T13:00:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=117805"},"modified":"2018-06-01T15:48:26","modified_gmt":"2018-06-01T15:48:26","slug":"forex-technical-analysis-forecast-08-12-2017-eur-usd-gbp-usd-usd-chf-usd-jpy-aud-usd-usd-rub-gold-brent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/12\/forex-technical-analysis-forecast-08-12-2017-eur-usd-gbp-usd-usd-chf-usd-jpy-aud-usd-usd-rub-gold-brent\/","title":{"rendered":"Forex Technical Analysis & Forecast 08.12.2017 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
December 8, 2017<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

The EUR\/USD pair has formed the consolidation range around 1.1792 and right now is trading to break it downwards. Possibly, the price may reach the local target at 1.1723 and then form another consolidation range. If later the instrument breaks this range to the upside, the market may start another correction towards 1.1792; if to the downside \u2013 continue falling inside the downtrend to reach 1.1700.<\/p>\n

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

 <\/p>\n

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

The GBP\/USD pair is moving upwards. Possibly, the price may reach 1.3500. If later the instrument breaks this range to the upside, the market may grow towards 1.3550; if to the downside \u2013 fall with the target at 1.3400.<\/p>\n

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

 <\/p>\n

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

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The USD\/CHF pair has expanded the consolidation range upwards. Possibly, today the price may form another consolidation range around 0.9954. If later the instrument breaks this range to the upside, the market may grow towards 1.0000; if to the downside \u2013 start another correction to reach 0.9900.<\/p>\n

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

 <\/p>\n

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

The USD\/JPY pair hasn\u2019t been able to continue the correction; it has broken 112.69 upwards and reached the upside target. We think, today the price may consolidate around 113.35. If later the instrument breaks this range to the upside, the market may reach 114.70; if to the downside \u2013 start another correction with the target at 112.69.<\/p>\n

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

 <\/p>\n

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

The AUD\/USD pair is still falling; it has reached the target and expanded the consolidation range. We think, today the price may test 0.7554 from below and then resume falling with the target at 0.7470.<\/p>\n

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

 <\/p>\n

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

The USD\/RUB pair is consolidating above 59.09. If later the instrument breaks this range to the upside, the market may continue growing towards 60.05; if to the downside \u2013 falling to reach 58.58<\/p>\n

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

 <\/p>\n

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

Gold has reached the local downside target. Possibly, today the price may form a new consolidation range. If later the instrument breaks this range to the upside, the market may start another correction towards 1256; if to the downside \u2013 continue falling inside the downtrend with the target at 1222.<\/p>\n

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

 <\/p>\n

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

Brent has returned to 62.28. We think, today the price may fall to reach 61.00 and then start forming another consolidation range. If later the instrument breaks this range to the downside, the market may continue falling towards 60.00; if to the upside \u2013 start another growth with the target at 63.00.<\/p>\n

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

 <\/p>\n

RoboForex Analytical Department<\/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 formed the consolidation range around 1.1792 and right now is trading to break it downwards. Possibly, the price may reach the local target at 1.1723 and then form another consolidation range. If later the instrument breaks this range to the upside, the […]<\/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-117805","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117805","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=117805"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117805\/revisions"}],"predecessor-version":[{"id":117806,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117805\/revisions\/117806"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=117805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=117805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=117805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}