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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, Feb 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for February 2nd, 2016 EUR USD, “Euro vs US Dollar” Eurodollar has extended the correction and transformed it into a proper ascending wave. At the moment, the pair is expected to fall and return to 1.0845. The market continues consolidating inside a large triangle pattern. The main scenario remains the same and implies that the price may break the channel downwards and then continue falling towards 1.0682. GBP USD, “Great Britain Pound vs US Dollar” Pound has broken the consolidation

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