{"id":118031,"date":"2017-12-12T08:45:06","date_gmt":"2017-12-12T13:45:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=118031"},"modified":"2018-06-01T15:48:24","modified_gmt":"2018-06-01T15:48:24","slug":"forex-technical-analysis-forecast-12-12-2017-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-12-12-2017-eur-usd-gbp-usd-usd-chf-usd-jpy-aud-usd-usd-rub-gold-brent\/","title":{"rendered":"Forex Technical Analysis & Forecast 12.12.2017 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
December 12, 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 is falling. Possibly, the price may reach 1.1726. An alternative scenario suggests that the instrument may grow towards 1.1802. Later, in our opinion, the market may continue falling inside the downtrend. The target is at 1.1650.<\/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 downwards and forming the third wave with the target at 1.3279. After that, the instrument may grow towards 1.3398 (at least) and then resume falling to reach 1.3249.<\/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 is trading above 0.9882 and may continue growing inside the uptrend. The target of this ascending wave is at 1.0028. Later, in our opinion, the market may start another consolidation range and then continue moving upwards to reach 1.0100.<\/p>\n

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

 <\/p>\n

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

The USD\/JPY pair is consolidating at the top of the ascending structure, which may be considered as a continuation pattern. Possibly, the price may form the third wave with the target at 114.74.<\/p>\n

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

 <\/p>\n

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

The AUD\/USD pair is consolidating near the lows. We think, today the price may grow towards 0.7554 and then continue falling to reach 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. Possibly, today the price may fall towards 58.85 and then grow to reach 59.86. Taking into account that the oil prices went up significantly, the instrument may strengthen up to 57.90 and then continue falling inside the downtrend to reach 56.55.<\/p>\n

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

 <\/p>\n

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

Gold has expanded the consolidation range downwards. We think, today the price may fall to reach 1238 and then grow towards 1243. After that, the instrument may reach new lows and then continue falling inside the downtrend with the target at 1220.<\/p>\n

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

 <\/p>\n

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

Brent has broken its consolidation range upwards and right now is still growing to reach the local target at 65.75. Later, in our opinion, the market may return to 64.50 and then start forming another ascending structure with the target at 66.20.<\/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 is falling. Possibly, the price may reach 1.1726. An alternative scenario suggests that the instrument may grow towards 1.1802. Later, in our opinion, the market may continue falling inside the downtrend. The target is at 1.1650.   GBP USD, \u201cGreat Britain Pound vs […]<\/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-118031","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118031","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=118031"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118031\/revisions"}],"predecessor-version":[{"id":118032,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118031\/revisions\/118032"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=118031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=118031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=118031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}