{"id":77043,"date":"2015-08-18T08:55:22","date_gmt":"2015-08-18T12:55:22","guid":{"rendered":"http:\/\/countingpips.com\/?p=77043"},"modified":"2015-08-18T07:28:19","modified_gmt":"2015-08-18T11:28:19","slug":"forex-technical-analysis-18-08-2015-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/forex-technical-analysis-18-08-2015-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 18.08.2015 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
August 18, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 18th<\/sup>, 2015<\/p>\n

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

Eurodollar has reached the predicted target of its descending wave. However, this structure may yet continue. We think, today, the price may extend this decline towards 1.1032 and then return to 1.1110. After that, the pair may start a new descending movement to reach 1.1000.<\/p>\n

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

Pound hasn\u2019t been able to continue its growth; the pair has formed a continuation pattern at 1.5596 and today is falling. The target of this descending structure is at 1.5500. After that, the market may test 1.5596 from below and then continue falling inside the downtrend towards 1.5400.<\/p>\n

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

Franc hasn\u2019t been able to stay above 0.9800. We think, today, the price may fall towards 0.9760. After that, the market may resume moving upwards to reach the next target at 0.9960.<\/p>\n

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

Yen has formed a consolidation channel. If the market breaks this consolidation channel upwards \u2013 it may grow to reach the target at 125.46; if downwards \u2013 the current correction may continue towards 123.00.<\/p>

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

Australian Dollar is still consolidating. We can see triangle<\/em> pattern, which looks like bullish pennant<\/em> though. However, the descending structure may yet continue. The main scenario implies that the price may fall and reach 0.7200. An alternative scenario suggests that the market may break the channel upwards and reach 0.7452.<\/p>\n

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

Ruble is still \u201cmonitoring\u201d the oil market. We think, today, the price may grow to reach 66.10 and even extend this structure towards 67.00. After that, the pair is expected to start forming a descending wave with the target at 52.50.<\/p>\n

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

Gold is consolidating below the broken ascending channel. The target of the correction is at 1106. After reaching it, the price may continue growing towards 1131 and then fall again to return to 1106.<\/p>\n

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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

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Article By RoboForex.com Analysis for August 18th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar has reached the predicted target of its descending wave. However, this structure may yet continue. We think, today, the price may extend this decline towards 1.1032 and then return to 1.1110. After that, the pair may start a new descending […]<\/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-77043","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77043","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=77043"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77043\/revisions"}],"predecessor-version":[{"id":77045,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77043\/revisions\/77045"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}