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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 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for February 8th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is falling towards 1.1080. After reaching it, the pair may return to 1.1165 and then fall towards 1.1000. This entire descending movement may be considered as a correction. GBP USD, “Great Britain Pound vs US Dollar” Pound is moving downwards to reach 1.4385; this descending structure may be considered as a correction. Later, in our opinion, the market may form another ascending wave towards 1.4720. USD CHF, “US Dollar vs

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