{"id":87715,"date":"2016-04-05T09:25:48","date_gmt":"2016-04-05T13:25:48","guid":{"rendered":"http:\/\/countingpips.com\/?p=87715"},"modified":"2016-04-05T08:17:36","modified_gmt":"2016-04-05T12:17:36","slug":"forex-technical-analysis-05-04-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/forex-technical-analysis-05-04-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 05.04.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
April 5, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for April 5th<\/sup>, 2016<\/p>\n

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

Eurodollar is moving inside the narrow consolidation channel at the top of its ascending wave. If the pair breaks the channel downwards, it may fall towards 1.1200; if upwards \u2013 continue growing to reach 1.1570 (an alternative scenario). Later, in our opinion, the market may continue falling with the target at 1.1000.<\/p>\n

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

Being under pressure, Pound is moving downwards. Although the market attempted to start a correction, we think the price may reach 1.4340. However, the main scenario suggests that the pair is expected to move downwards to reach 1.4135. Possibly, it may form a large triangle<\/em> pattern.<\/p>\n

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

Franc is moving inside the consolidation channel at the lows of its descending wave. If the pair breaks the channel downwards, it may reach 0.9475 (an alternative scenario); if upwards \u2013 grow towards 0.9700.<\/p>\n

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

Yen continues falling with the target at 110.30. After reaching this level and completing the structure, the market may return to 112.50.<\/p>

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

Australian Dollar has almost completed a downside continuation pattern. The local target is at 0.7530. After that, the pair may test 0.7605 from below and then fall to reach 0.7491.<\/p>\n

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

Russian Ruble is consolidating at its lows. Possibly, the price may grow to reach 70.50. However, the main scenario implies that the market may continue forming the third descending wave with the target at 65.00.<\/p>\n

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

Gold is forming the third descending wave. Possibly, the price may try to reach 1234 once again and the return to 1196. In this case, later the market may form a continuation pattern near 1222. The predicted target is at 1174.<\/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","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for April 5th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is moving inside the narrow consolidation channel at the top of its ascending wave. If the pair breaks the channel downwards, it may fall towards 1.1200; if upwards \u2013 continue growing to reach 1.1570 (an alternative scenario). Later, in our […]<\/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-87715","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87715","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=87715"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87715\/revisions"}],"predecessor-version":[{"id":87716,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87715\/revisions\/87716"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}