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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 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 8th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is consolidating around 1.1360; it moves according to an alternative scenario towards 1.1570. If the market breaks the channel upwards, it may continue growing and reach the target of this wave; if downwards – start a new correction with the target at 1.1250. GBPUSD, “Great Britain Pound vs US Dollar” Pound is moving close to the minimum of its descending wave. We think, today the price may expand this consolidation channel

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