{"id":94725,"date":"2016-08-24T07:00:21","date_gmt":"2016-08-24T11:00:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=94725"},"modified":"2016-08-24T07:00:21","modified_gmt":"2016-08-24T11:00:21","slug":"forex-technical-analysis-24-08-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/forex-technical-analysis-24-08-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold\/","title":{"rendered":"Forex Technical Analysis 24.08.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD)"},"content":{"rendered":"
August 24, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 24th<\/sup>, 2016<\/p>\n

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

The EUR\/USD pair has broken 1.1320 and continues moving downwards. In fact, it has almost formed thetriangle<\/em> pattern. We think, today the price may complete this triangle<\/em> as a technical reversal pattern. The first target is at 1.1140. The market is expected to fall towards 1.1250, consolidate and form a downside continuation pattern to reach the above-mentioned target.<\/p>\n

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

The GBP\/USD pair has reached the target of its correctional wave. We think, today the price may continue falling inside the downtrend. The next target is at 1.2800.<\/p>\n

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

The USD\/CHF pair has completed its correction and right now is growing towards 0.9650. Later, in our opinion, the market may consolidate and move upwards to reach the local target at 0.9700.<\/p>\n

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

The USD\/JPY pair is consolidating on the center of the range. In fact, the market has formed the triangle<\/em>pattern, which may be considered as a downside continuation pattern. The next target is at 98.00.<\/p>

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

Being under pressure, the AUD\/USD pair is moving downwards. We think, today the price may reach the next target at 0.7570. After that, the instrument may be corrected towards 0.7620 to test it from below and then form another descending wave with the target at 0.7540.<\/p>\n

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

The USD\/RUB pair is being corrected towards 65.08 (at least). After that, the instrument may start another descending wave with the target at 63.20.<\/p>\n

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

Gold is rebounding from 1342 downwards the market is expected to form the fifth descending structure with the target at 1326.<\/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 24th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair has broken 1.1320 and continues moving downwards. In fact, it has almost formed thetriangle pattern. We think, today the price may complete this triangle as a technical reversal pattern. The first target is at 1.1140. The market is […]<\/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-94725","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94725","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=94725"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94725\/revisions"}],"predecessor-version":[{"id":94726,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94725\/revisions\/94726"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}