{"id":60262,"date":"2014-09-12T06:59:26","date_gmt":"2014-09-12T10:59:26","guid":{"rendered":"http:\/\/countingpips.com\/?p=60262"},"modified":"2014-09-12T06:59:26","modified_gmt":"2014-09-12T10:59:26","slug":"forex-technical-analysis-12-09-2014-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/forex-technical-analysis-12-09-2014-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 12.09.2014 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
September 12, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for September 12th<\/sup>, 2014<\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n

Euro is still consolidating; the market is forming the third structure of an ascending impulse. We think, today the price may reach level of 1.2990 and then form a correction towards level of 1.2920. Thus, the market stays inside this consolidation channel. After such structure is complete, we\u2019ll estimate the potential of this consolidation. The pair may form an ascending correction with the target at level of 1.3388 (at least).<\/p>\n

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GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/h2>\n

Pound continues forming an ascending structure. We think, today the price may reach level of 1.6300 and then fall to return to level of 1.6100. After such pattern is finished, we\u2019ll estimate the potential for a higher correction with the target at level of 1.6630.<\/p>\n

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USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/h2>\n

Franc is forming the first descending impulse with the target at level of 0.9300. After reaching it, \u00a0the price may grow towards level of 0.9350 and then continue falling and forming a descending correction to reach level of 0.9077.<\/p>\n

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USD JPY, \u201cUS Dollar vs Japanese Yen\u201d<\/h2>\n

Yen is still moving inside an ascending channel; by now, the market has expanded a consolidation channel upwards. We think, today the price may fall towards level of 106.90 and then move upwards to reach level of 107.77. We should note, that the pair has reached its local target and may start a new correction towards level of 104.40 at any time.<\/p>

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AUD USD, \u201cAustralian Dollar vs US Dollar\u201d<\/h2>\n

Australian Dollar reached the target of its descending wave. We think, today the price may form another structure to return to level of 0.9300. Possibly, the market may extend this descending wave towards level of 0.9018. Later, in our opinion, the market may start a new correction, at least.<\/p>\n

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USD RUB, \u201cUS Dollar vs Russian Ruble\u201d<\/h2>\n

Ruble is still growing, being influenced by the fundamental background, and consolidating at the top of the wave. We think, today the price may reach level of 37.77 and then move downwards to reach level of 37.20. Later, in our opinion, the market may consolidate and then form a descending correction towards level of 35.05.<\/p>\n

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XAU USD, \u201cGold vs US Dollar\u201d<\/h2>\n

Gold is still under pressure and continues falling. The market hasn\u2019t been able to create anything for a correction towards level of 1300. We think, today the price may continue moving inside the downtrend towards level of 1208.<\/p>\n

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

Article By RoboForex.com<\/span><\/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

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Article By RoboForex.com Analysis for September 12th, 2014 EUR USD, \u201cEuro vs US Dollar\u201d Euro is still consolidating; the market is forming the third structure of an ascending impulse. We think, today the price may reach level of 1.2990 and then form a correction towards level of 1.2920. Thus, the market stays inside this consolidation […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-60262","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60262","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=60262"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60262\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=60262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=60262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=60262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}