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Forex Forecast: EUR/USD – 1.08 key for parity, AUD/USD divergence trade; Gold trapped in a...

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecas, we offer the technical outlook for AUD/USD, EUR/USD, GBP/USD and Gold prices, with Craig Erlam, Senior Market Analyst for Oanda. AUD/USD: favouring the downside Erlam maintains a bearish bias on the AUD/USD, explaining that the Aussie remains in its long-term bearish trend. Breaking above 0.73 will signal a big fundamental change. EUR/USD: 1.08 key for a parity view Erlam says that EUR/USD is back at 1.09 levels, having broken below the previous range. On the key

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