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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 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 6th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar is moving above the broken consolidation channel; the pair has formed the downside continuation pattern. The main scenario remains the same and suggests that the market may continue falling towards the local target at 1.0505. Possibly, the price may reach 1.0300 as well. After that, the instrument maybe corrected to return to 1.1000 to test it from below. An alternative scenario implies that the regulator may interfere to

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