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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, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for March 21st, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is moving downwards; the pair is expected to be corrected towards 1.1000. We think, today the price may form a descending structure to reach 1.1250 and then return to 1.1294. Later, in our opinion, the market may fall towards 1.1200. GBP USD, “Great Britain Pound vs US Dollar” Pound is forming another descending structure. We think, today the price may break the minimum of its consolidation channel and fall towards 1.4296.

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