{"id":96774,"date":"2016-10-14T08:31:20","date_gmt":"2016-10-14T12:31:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=96774"},"modified":"2016-10-14T07:31:54","modified_gmt":"2016-10-14T11:31:54","slug":"forex-technical-analysis-14-10-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/forex-technical-analysis-14-10-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent\/","title":{"rendered":"Forex Technical Analysis 14.10.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
October 14, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for October 14th<\/sup>, 2016<\/p>\n

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

The EUR\/USD pair is forming the third descending wave. The local target is at 1.0963. After that, the instrument may be corrected upwards to reach 1.1083 and then continue falling to reach the target of this wave at 1.0885.<\/p>\n

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

The GBP\/USD pair has completed another consolidation range and right now is forming the fifth structure of the flag<\/em> correctional pattern. The price may break the range downwards and reach 1.2065. After that, the instrument may start growing towards 1.2630 and then continue falling inside the downtrend to reach a new low at 1.1474.<\/p>\n

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

The USD\/CHF pair has finished the correction with the target at 0.9861. We think, today the price may grow to reach 0.9940, and this is just a half of the third ascending wave. Later, in our opinion, the market may form another consolidation range, break it upwards, and then continue growing inside the uptrend with the target at 1.0300.<\/p>\n

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

The USD\/JPY pair has returned to 104.10 again. After that, the instrument may fall to break 103.50. The local target is at 102.95.<\/p>\n

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

The AUD\/USD pair has completed its technical correction. We think, the price may start forming another descending wave with the local target at 0.7450.<\/p>\n

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

The USD\/RUB pair has finished the second ascending impulse along with the correction. We think, today the price may form another ascending structure towards 63.60 or even extend it up to 64.00. After that, the instrument may continue falling with the target at 61.30.<\/p>\n

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

Gold has broken the flag<\/em> correctional pattern and right now is moving upwards in the consolidation channel. We think, today the price may grow to reach 1265, and this is just a half of this structure. Later, in our opinion, the market may break the channel upwards and continue growing with the target is at 1280.<\/p>\n

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BRENT<\/h2>\n

Brent is growing. We think, today the price may reach 53.00 and then return to 52.15, thus forming another consolidation range. If later the market breaks this range upwards, it may reach 54.64; if downwards \u2013 continue the current correction up to 50.50.<\/p>\n

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RoboForex <\/strong>Analytical <\/strong>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 October 14th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair is forming the third descending wave. The local target is at 1.0963. After that, the instrument may be corrected upwards to reach 1.1083 and then continue falling to reach the target of this wave at 1.0885. GBP USD, […]<\/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-96774","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96774","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=96774"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96774\/revisions"}],"predecessor-version":[{"id":96775,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96774\/revisions\/96775"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=96774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=96774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=96774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}