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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 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 12th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has completed its descending impulse and corrected it. We think, today the price may form another descending wave to break the minimum of the impulse and continue falling to reach the next target at 1.0990. An alternative scenario implies that the pair may reach another new high at 1.1350 and then continue falling inside the downtrend. GBPUSD, “Great Britain Pound vs US Dollar” Pound is forming an ascending structure with

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