{"id":132486,"date":"2018-08-24T09:16:51","date_gmt":"2018-08-24T13:16:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132486"},"modified":"2018-08-24T07:18:35","modified_gmt":"2018-08-24T11:18:35","slug":"forex-technical-analysis-forecast-24-08-2018-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/forex-technical-analysis-forecast-24-08-2018-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent\/","title":{"rendered":"Forex Technical Analysis & Forecast 24.08.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)"},"content":{"rendered":"
August 24, 2018<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

EURUSD has completed another descending structure towards 1.1530. Today, the price may be corrected to reach 1.1578, thus forming a new consolidation range. If later the instrument breaks this range to the downside, the price may resume falling inside the downtrend with the target at 1.1400; if to the upside \u2013 extend the wave towards 1.1630.<\/p>\n

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

 <\/p>\n

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

GBPUSD has reached the short-term downside target. Possibly, today the pair may be corrected to reach 1.2855 and then fall towards 1.2777. Later, the market may resume growing with the target at 1.2855.<\/p>\n

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

 <\/p>\n

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

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

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<\/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>

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<\/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>

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USDCHF has finished the first ascending impulse. Possibly, today the pair may be corrected towards 0.9834, thus forming another consolidation range. If later the instrument breaks this range to the upside, the price may resume growing with the target at 0.9933; if to the downside \u2013 continue its decline towards 0.9800.<\/p>\n

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

 <\/p>\n

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

USDJPY is still moving upwards; it has reached the predicted target of the wave. Today, the price may consolidate near the lows. If later the instrument breaks this range to the downside, the price may resume falling inside the downtrend with the target at 110.60; if to the upside \u2013 continue growing towards 111.77.<\/p>\n

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

 <\/p>\n

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

AUDUSD is consolidating around 0.7283. If later the instrument breaks this range to the upside, the price may resume growing to reach 0.7325; if to the downside \u2013 resume falling inside the downtrend with the short-term target at 0.7200.<\/p>\n

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

 <\/p>\n

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

USDRUB has reached the upside border of the range. Today, the price may fall towards 67.10 and then grow to reach 68.04. If later the instrument breaks 67.10 to the downside, the price may continue falling with the target at 65.80; if to the upside \u2013 resume growing towards 71.00.<\/p>\n

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

 <\/p>\n

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

Gold has completed the fourth structure of the ascending wave. Possibly, the pair may form the fifth one with the target at 1211.00. Later, the market may start another correction towards 1184.00.<\/p>\n

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

 <\/p>\n

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

Brent is still forming the third ascending wave. Possibly, today the pair may reach 75.50 and then start a new correction towards 73.50, at least. After that, the instrument may resume growing with the first target at 76.76.<\/p>\n

\"BRENT\"
\n\"Risk<\/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 EURUSD, \u201cEuro vs US Dollar\u201d EURUSD has completed another descending structure towards 1.1530. Today, the price may be corrected to reach 1.1578, thus forming a new consolidation range. If later the instrument breaks this range to the downside, the price may resume falling inside the downtrend with the target at 1.1400; if […]<\/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-132486","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132486","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=132486"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132486\/revisions"}],"predecessor-version":[{"id":132489,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132486\/revisions\/132489"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}