{"id":90546,"date":"2016-05-30T08:07:03","date_gmt":"2016-05-30T12:07:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=90546"},"modified":"2016-05-30T08:07:03","modified_gmt":"2016-05-30T12:07:03","slug":"forex-technical-analysis-30-05-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/forex-technical-analysis-30-05-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 30.05.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
May 30, 2016<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for May 30th<\/sup>, 2016<\/p>\n

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

Eurodollar has reached the target of the first Fibonacci retracement expansion; the structure looks like the first wave of another downtrend. We think, today the price may form another consolidation channel, update its lows, and reach 1.1200. According to the main scenario, the pair may break this channel upwards to start a new correction with the target at 1.1400. If the channel is broken downwards, the market may move to reach 1.0750.<\/p>\n

\"\"<\/p>\n

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

Pound has returned to 1.4612. We think, today the price may grow towards 1.4670, thus defining the borders of another consolidation range. If the range is broken downwards, the pair may continue falling towards 1.4300; if upwards (an alternative scenario) \u2013 grow with the target at 1.4900.<\/p>\n

\"\"<\/p>\n

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

Franc has reached the target of the first ascending wave. We think, today the price may form another consolidation range and fall towards 0.9900. If later the range is broken downwards, the pair may start a new correction with the target at 0.9700; if upwards \u2013 continue growing towards 1.0500.<\/p>\n

\"\"<\/p>\n

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

Being under pressure, Yen is moving upwards. We think, today the price may continue moving according to an alternative scenario, which implies that it may form the third ascending structure towards 111.80. After that, the pair may return to 109.00 and then form another ascending structure with the target at 113.00.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

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

Being under pressure, Australian Dollar is falling. We think, today the price may reach 0.7130 and complete this descending wave. Later, in our opinion, the market may form another consolidation channel. After break it upwards, the pair is expected to start a new correction with the target at 0.7450.<\/p>\n

\"\"<\/p>\n

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

We think, today Russian Ruble may move upwards to reach 67.62 and complete this correction. Later, in our opinion, the market may fall towards 63.95.<\/p>\n

\"\"<\/p>\n

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

Gold isn\u2019t trading today due to the holidays in the USA. \u00a0Tomorrow, after the market opening, the price is expected to continue falling towards 1200.<\/p>\n

\"\"<\/p>\n

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

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for May 30th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar has reached the target of the first Fibonacci retracement expansion; the structure looks like the first wave of another downtrend. We think, today the price may form another consolidation channel, update its lows, and reach 1.1200. According to the main […]<\/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-90546","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90546","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=90546"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90546\/revisions"}],"predecessor-version":[{"id":90547,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90546\/revisions\/90547"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}