{"id":23012,"date":"2011-08-09T04:44:42","date_gmt":"2011-08-09T08:44:42","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=23012"},"modified":"2011-08-09T04:44:42","modified_gmt":"2011-08-09T08:44:42","slug":"forex-daily-review-09-082011","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/08\/09\/forex-daily-review-09-082011\/","title":{"rendered":"Forex daily review- 09.08\/2011"},"content":{"rendered":"<p>Important announcements for today:<br \/>\n09.30 (GMT+0) GBP \u2013 Industrial production<br \/>\n13.15 (GMT+0) CAD \u2013 Housing starts<br \/>\n17.15 (GMT+0) USD &#8211; Federal Funds Rate<br \/>\n17.15 (GMT+0) USD \u2013 FOMC Statement<\/p>\n<p>USD-CHF<\/p>\n<p>Time: 05:26 (GMT+0) rate: 0.7510<br \/>\nStrategy: Short<br \/>\n60 minutes chart<br \/>\nThe price performing a descending price structure (a series of descending highs and lows), we believe that a break of the last low at the 0.7484 price level will continue the move downwards, with first target at the 0.7398 price level.<\/p>\n<p>You can see the chart on the link below:<br \/>\nhttp:\/\/www.real-forex.com\/charts-daily\/r\/09.08.2011\/7.jpg<\/p>\n<p>EUR-AUD<\/p>\n<p>Time: 05: 33 (GMT+0) rate: 1.4107<br \/>\nStrategy: Short<br \/>\n60 minutes chart<br \/>\nThe price reached to the 1.4260 resistance level which can be seen at the daily chart. We believe that a brake at this area will lead to a correction of the last continuous ascending move (blue broken line), the size of the correction is assumed to be between a third and two thirds of the move. Meaning between the 1.3758 and the 1.3446 price levels<\/p>\n<p>You can see the chart on the link below:<br \/>\nhttp:\/\/www.real-forex.com\/charts-daily\/r\/09.08.2011\/8.jpg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Important announcements for today: 09.30 (GMT+0) GBP \u2013 Industrial production 13.15 (GMT+0) CAD \u2013 Housing starts 17.15 (GMT+0) USD &#8211; Federal Funds Rate 17.15 (GMT+0) USD \u2013 FOMC Statement USD-CHF Time: 05:26 (GMT+0) rate: 0.7510 Strategy: Short 60 minutes chart The price performing a descending price structure (a series of descending highs and lows), we &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/08\/09\/forex-daily-review-09-082011\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex daily review- 09.08\/2011&#8221;<\/span><\/a><\/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-23012","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=23012"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23012\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}