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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 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for April 12th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is consolidating above the center of the channel. We think, today the price may break it upwards and move according to an alternative scenario to reach 1.1570. The main scenario implies that the market may fall towards the channel’s downside border at 1.1325. GBPUSD, “Great Britain Pound vs US Dollar” Pound has reached the target of the correction. We think, today the price may form another descending structure towards

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