{"id":87840,"date":"2016-04-08T07:39:55","date_gmt":"2016-04-08T11:39:55","guid":{"rendered":"http:\/\/countingpips.com\/?p=87840"},"modified":"2016-04-08T07:39:55","modified_gmt":"2016-04-08T11:39:55","slug":"forex-technical-analysis-08-04-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/forex-technical-analysis-08-04-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 08.04.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
April 8, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for April 8th<\/sup>, 2016<\/p>\n

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

Eurodollar is consolidating around 1.1360; it moves according to an alternative scenario towards 1.1570. If the market breaks the channel upwards, it may continue growing and reach the target of this wave; if downwards \u2013 start a new correction with the target at 1.1250.<\/p>\n

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

Pound is moving close to the minimum of its descending wave. We think, today the price may expand this consolidation channel downwards to reach 1.3948 and then test 1.4055 from below. Later, in our opinion, the market may fall to reach the local target at 1.3750.<\/p>\n

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

Franc is consolidating. We think, today the price may break this consolidation channel downwards fall towards 0.947. After that, the pair may continue moving inside the uptrend.<\/p>\n

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

Yen is forming another consolidation channel. After breaking the minimums, the pair may continue falling inside the downtrend to reach 106.00.<\/p>

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

Australian Dollar is forming the fifth structure of its descending wave; the target is at 0.7470. Later, in our opinion, the market may be corrected towards 0.7600 and then continue falling inside the downtrend to reach 0.7200.<\/p>\n

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

Russian Ruble falling. We think, today the price may break the minimum of the consolidation channel. The price is expected to continue falling towards 65.00. Later, in our opinion, the market may be corrected towards 72.50 and then form the fifth structure to reach 60.00.<\/p>\n

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

Gold has completed the five-wave ascending correction; which may be considered as a part of a downside continuation pattern. We think, today the price may form another descending structure to reach 1200 and then return to 1220. Later, in our opinion, the market may continue falling with the target at 1176.<\/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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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for April 8th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is consolidating around 1.1360; it moves according to an alternative scenario towards 1.1570. If the market breaks the channel upwards, it may continue growing and reach the target of this wave; if downwards \u2013 start a new correction with the […]<\/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-87840","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87840","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=87840"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87840\/revisions"}],"predecessor-version":[{"id":87841,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87840\/revisions\/87841"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}