{"id":90981,"date":"2016-06-07T07:30:44","date_gmt":"2016-06-07T11:30:44","guid":{"rendered":"http:\/\/countingpips.com\/?p=90981"},"modified":"2016-06-07T07:30:45","modified_gmt":"2016-06-07T11:30:45","slug":"forex-technical-analysis-07-06-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/forex-technical-analysis-07-06-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 07.06.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
June 7, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for June 7th<\/sup>, 2016<\/p>\n

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

Eurodollar has defined the borders of another consolidation channel. We think, today the price may break it downwards and start forming a new descending wave to reach 1.1100. The first target is at 1.1260.<\/p>\n

\"\"<\/p>\n

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

Pound has reached its target and returned to 1.4556. We think, today the price may form another descending wave to reach 1.4300. Right now, the pair is forming the first part of this wave with the target at 1.4470.<\/p>\n

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

Franc is forming a new ascending impulse with the target at 0.9742 and expected to define the upside border of the consolidation channel. Later, in our opinion, the market may fall towards 0.9700 to test it from above. After that, the pair may break its descending channel and form another ascending wave to reach 0.9950.<\/p>\n

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

Yen is being corrected towards 108.12. After that, the pair may continue falling inside the downtrend. The local target is at 104.00.<\/p>

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

Australian Dollar has expanded its consolidation range upwards. The market is expected to form a proper correction with the target at 0.7480. Later, in our opinion, the market may form another descending wave towards 0.7130.<\/p>\n

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

Russian Ruble has broken the flag<\/em> correctional pattern and right now is forming another consolidation channel. The target is at 63.50. We think, today the price may reach this level and then start a new correction towards 69.00.<\/p>\n

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

Gold is still forming another consolidation range. According to the main scenario, the price is expected to continue falling. After breaking the channel downwards, the market may form another descending wave to reach 1200.<\/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 June 7th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar has defined the borders of another consolidation channel. We think, today the price may break it downwards and start forming a new descending wave to reach 1.1100. The first target is at 1.1260. GBP USD, \u201cGreat Britain Pound vs US […]<\/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-90981","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90981","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=90981"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90981\/revisions"}],"predecessor-version":[{"id":90982,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90981\/revisions\/90982"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}