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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, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 5th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is moving inside the narrow consolidation channel at the top of its ascending wave. If the pair breaks the channel downwards, it may fall towards 1.1200; if upwards – continue growing to reach 1.1570 (an alternative scenario). Later, in our opinion, the market may continue falling with the target at 1.1000. GBP USD, “Great Britain Pound vs US Dollar” Being under pressure, Pound is moving downwards. Although the market

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