{"id":96973,"date":"2016-10-19T08:35:58","date_gmt":"2016-10-19T12:35:58","guid":{"rendered":"http:\/\/countingpips.com\/?p=96973"},"modified":"2016-10-19T07:27:38","modified_gmt":"2016-10-19T11:27:38","slug":"forex-technical-analysis-19-10-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/forex-technical-analysis-19-10-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent\/","title":{"rendered":"Forex Technical Analysis 19.10.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
October 19, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for October 19th<\/sup>, 2016<\/p>\n

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

The EUR\/USD pair is forming another consolidation range. After breaking it to the downside, the price may reach 1.0950. After that, the instrument may be corrected towards 1.1000 and then continue falling inside the downtrend to reach 1.0800.<\/p>\n

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GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d Being under pressure, the GBP\/USD pair is growing. We think, today the price may fall to reach 1.2229 and then return to 1.2600 to test it from below. After that, the instrument may continue falling inside the downtrend to reach 1.1470.<\/p>\n

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

The USD\/CHF pair is consolidating in the center of the range without any particular direction. We think, today the price is expected to reach 0.9940. Later, in our opinion, the market may be corrected towards 0.9800 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 is forming the triangle<\/em> consolidation pattern. We think, today the price may reach 103.50 and then return to the center of the pattern. Later, in our opinion, the market may rebound from it and continue falling inside the downtrend to reach 102.00.<\/p>\n

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

The AUD\/USD pair is consolidating. We think, today the price may break this range downwards to start a new correction towards 0.7600. However, if the range is broken upwards, the market may reach 0.7730 without any corrections. After that, the instrument may continue falling inside the downtrend with the target at 0.7474.<\/p>\n

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

The USD\/RUB pair is trading around 63.00 and breaking its consolidation range to the downside. Possibly, today the price may reach 62.35. This structure may be considered as a part of the descending wave with the target at 61.30. Later, in our opinion, the market may be corrected towards 63.60.<\/p>\n

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

Being under pressure, Gold is growing. We think, today the price may break 1265. The local target at 1290, the main one \u2013 at 1310.<\/p>\n

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BRENT<\/h2>\n

Brent is still moving around 52.20 and trying to break its consolidation range upwards. According to the main scenario, the price may reach 54.50. Later, in our opinion, the market may be corrected towards 53.00 and then grow to reach 54.64.<\/p>\n

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RoboForex <\/strong>Analytical <\/strong>Department<\/strong>
\nArticle 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 19th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair is forming another consolidation range. After breaking it to the downside, the price may reach 1.0950. After that, the instrument may be corrected towards 1.1000 and then continue falling inside the downtrend to reach 1.0800. <> 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-96973","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96973","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=96973"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96973\/revisions"}],"predecessor-version":[{"id":96975,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/96973\/revisions\/96975"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=96973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=96973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=96973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}