{"id":93803,"date":"2016-08-02T07:38:01","date_gmt":"2016-08-02T11:38:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=93803"},"modified":"2016-08-02T07:38:01","modified_gmt":"2016-08-02T11:38:01","slug":"forex-technical-analysis-02-08-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/forex-technical-analysis-02-08-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 02.08.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
August 2, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 2nd<\/sup>, 2016<\/p>\n

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

The EUR\/USD pair is still moving inside a narrow consolidation range at the top of its ascending structure. Possibly, the price may reach a new high at 1.1210. After breaking the low of the range, the pair may continue falling to reach the next target at 1.1000.<\/p>\n

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

The GBP\/USD pair has broken the ascending channel. We think, today the price may fall towards 1.3063. Later, in our opinion, the market may consolidate and break this level downwards. The market is expected to reach 1.2800.<\/p>\n

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

The USD\/CHF pair is consolidating near its lows. We think, today the price may reach 0.9655. After that, the pair may grow to expand this consolidation range upwards to reach 0.9795.<\/p>\n

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

The USD\/JPY pair is consolidating above 103.00; this structure may be considered as a downside continuation pattern. We think, today the price may reach 100.40 and then return to 103.00 once again to test it from below. Later, in our opinion, the market may continue falling to reach 96.00.<\/p>

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

The AUD\/USD pair has returned to its consolidation range. If the price breaks this range upwards, it may grow to reach 0.7620 (an alternative scenario); if downwards \u2013 fall with the target at 0.7400.<\/p>\n

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

The USD\/RUB pair has formed another consolidation channel. If the price breaks this channel upwards, it may extend the third wave towards 67.30; if downwards \u2013 fall to reach 64.00.<\/p>\n

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

Gold is forming another consolidation channel above 1343. In fact, the market is forming an upside continuation pattern. The price is expected to reach 1359. Later, in our opinion, the market may be corrected to return to 1343 and then continue growing with the target at 1425.<\/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 August 2nd, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair is still moving inside a narrow consolidation range at the top of its ascending structure. Possibly, the price may reach a new high at 1.1210. After breaking the low of the range, the pair may continue falling to […]<\/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-93803","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93803","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=93803"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93803\/revisions"}],"predecessor-version":[{"id":93804,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93803\/revisions\/93804"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=93803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=93803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=93803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}