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 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for January 29th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is forming a strong descending impulse to reach 1.0800. In fact, the price is expected to form another wave inside the downtrend. After breaking triangle’s lower border, the pair may fall quick towards 1.0300. An alternative scenario implies that the market may grow to break the pattern’s upper border and then continue moving upwards to reach 1.2000. GBPUSD, “Great Britain Pound vs US Dollar” Pound has broken 1.4370 and is

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