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Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 5th, 2015 EURUSD, “Euro vs US Dollar” Eurodollar has broken its consolidation channel downwards and reached the target of the expansion. This structure has taken the form of the downside continuation pattern; the target of the structure is at 1.0505. The main scenario suggests that the market may continue falling inside the downtrend towards the above-mentioned target. An alternative scenario implies that the price may test 1.0995 from below and then continue moving

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