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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, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 14th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has finished the structure of its descending wave, corrected it, and returned to the breakout level. We think, today the price may fall to break 1.0800 and then continue moving downwards to reach 1.0682. This would be only the first half of this wave. The local target of this structure is at 1.0424. GBPUSD, “Great Britain Pound vs US Dollar” Pound is forming flag correctional pattern. We think, today the price may fall

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