{"id":77305,"date":"2015-08-24T08:24:23","date_gmt":"2015-08-24T12:24:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=77305"},"modified":"2015-08-24T07:25:21","modified_gmt":"2015-08-24T11:25:21","slug":"forex-technical-analysis-24-08-2015-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/forex-technical-analysis-24-08-2015-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 24.08.2015 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
August 24, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 24th<\/sup>, 2015<\/p>\n

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

Eurodollar is attempting to continue extending its ascending wave today. We think, the price may reach 1.1500 and then continue falling inside the downtrend towards 1.1238 to test it from above.<\/p>\n

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

Pound is consolidating. The pair has barely responded to the stock market meltdown. We think, today, the price may continue falling inside the downtrend towards 1.5240. An alternative scenario implies that the market may grow to reach 1.5822 and after that \u2013 continue falling towards the above-mentioned target.<\/p>\n

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

As the stock market continues to collapse, Franc continues to strengthen. The pair has reached the target of its descending wave at 0.9366. Possibly, the price may rebound towards 0.9500. After that, the market may resume falling to reach 0.8815.<\/p>\n

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

Yen\u2019s response to the stock market meltdown has been particularly sharp. The pair has expanded the trading range downwards and reached 120.75. We think, today, the price may rebound towards 123.03 to test it from below. In fact, the market is forming the third wave inside the downtrend, which might continue without any high corrections. The pair is expected to start a new decline towards 115.00.<\/p>

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

Australian Dollar has reached 0.7200. We think, today, the price may grow as a correction towards 0.7555. However, taking into account the stock market meltdown, the market may continue falling to reach 0.6950.<\/p>\n

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

Following the oil prices decline, Ruble is still growing towards 71.55. So far, we continue monitoring the oil prices movements.<\/p>\n

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

Gold has formed the first descending impulse and right now is forming the second one. The main scenario implies that the market may form a new correction with the target at 1110. However, taking into account the stock market meltdown, the price may consolidate instead of forming the correction. If the price breaks this consolidation channel upwards, it may extend this ascending wave towards 1250.<\/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 24th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is attempting to continue extending its ascending wave today. We think, the price may reach 1.1500 and then continue falling inside the downtrend towards 1.1238 to test it from above. GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d Pound is […]<\/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-77305","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77305","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=77305"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77305\/revisions"}],"predecessor-version":[{"id":77307,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77305\/revisions\/77307"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}