{"id":99817,"date":"2016-12-20T07:51:00","date_gmt":"2016-12-20T12:51:00","guid":{"rendered":"http:\/\/countingpips.com\/?p=99817"},"modified":"2016-12-20T07:51:00","modified_gmt":"2016-12-20T12:51:00","slug":"forex-technical-analysis-20-12-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/12\/forex-technical-analysis-20-12-2016-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent\/","title":{"rendered":"Forex Technical Analysis 20.12.2016 (EUR\/USD, GBP\/USD, USD\/CHF, USD\/JPY, AUD\/USD, USD\/RUB, GOLD, BRENT)"},"content":{"rendered":"
December 20, 2016<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for December 20th<\/sup>, 2016<\/p>\n

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

Being under pressure, the EUR\/USD pair is falling. Possibly, today the price may reach 1.0330. Later, in our opinion, the market may form another correctional structure towards 1.0500 and then move downwards with the target at 1.0150.<\/p>\n

\"\"<\/p>\n

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

The GBP\/USD pair has reached the target of the third descending wave. Possibly, today the price may reach 1.2350 and then start the fourth correctional structure to return to 1.2500. After that, the instrument may form the fifth structure with the target at 1.2300.<\/p>\n

\"\"<\/p>
\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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

Being under pressure, the USD\/CHF pair is moving upwards. Possibly, the price may reach 1.0407. Later, in our opinion, the market may be corrected towards 1.0200 and then start another growth with the target at 1.0500.<\/p>\n

\"\"<\/p>\n

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

The USD\/JPY pair has formed two descending impulses along with the correction. Possibly, the price may form another impulse to reach 115.30 and then start another growth towards 117.50. An alternative scenario implies that the market may grow with the target at 120.00.<\/p>\n

\"\"<\/p>\n

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

The AUD\/USD pair has reached the predicted target of the third wave. Possibly, today the price may be corrected with the target at 0.7382 and then continue falling inside the downtrend towards 0.7100.<\/p>\n

\"\"<\/p>\n

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

The USD\/RUB pair is still consolidating; it has formed the Triangle<\/em> pattern. If the price break this consolidation range to the upside, the market may grow to reach 63.00; if to the downside \u2013 continue falling inside the downtrend with the target at 60.00.<\/p>\n

\"\"<\/p>\n

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

Being under pressure, Gold is moving downwards. Possibly, the price may reach 1100 and then return to 1145.<\/p>\n

\"\"<\/p>\n

BRENT<\/h2>\n

Brent has completed the correction with the target at 55.25 and right now is growing towards 56.74. After that, the instrument may fall to reach 55.25 and then continue growing with the target at 59.90.<\/p>\n

\"\"<\/p>\n

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 December 20th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Being under pressure, the EUR\/USD pair is falling. Possibly, today the price may reach 1.0330. Later, in our opinion, the market may form another correctional structure towards 1.0500 and then move downwards with the target at 1.0150. GBP USD, \u201cGreat Britain […]<\/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-99817","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99817","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=99817"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99817\/revisions"}],"predecessor-version":[{"id":99818,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99817\/revisions\/99818"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=99817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=99817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=99817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}