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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 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 20th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has extended its ascending wave and formed a descending impulse. We think, today the price may break the minimum and then return to 1.1300, thus defining the borders of another consolidation channel. If the channel is broken upwards, the pair may grow to reach 1.1570; if downwards – continue falling towards 1.1200. GBPUSD, “Great Britain Pound vs US Dollar” Pound has completed its ascending structure and right now is moving

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