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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 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 16th, 2015 EURUSD, “Euro vs US Dollar” Eurodollar has tested the lower border of its consolidation channel; the pair has formed another descending structure. We think, today, the price may return to the center of the channel and then continue falling to reach a new low. The main scenario remains the same and suggests that the market may continue falling inside the downtrend to reach the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Pound has reached the

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