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EUR/USD in for a correction; Oil looking at August lows; Gold at a key trading level

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Finance show, we offer the outlook for EUR/USD, Oil and Gold prices, with Craig Erlam, Senior Market Analyst at Oanda. EUR/USD: Correction ahead? Erlam notes that EUR/USD made new lows on falling momentum and has seen a strong downfall without any correction. As momentum continues to be lost, he believes we might be in for a correction higher in the euro, even as high as 1.09-1.10 area. The theme for the EUR/USD remains bearish, the pair is expected to pull lower gradually towards

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