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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, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 12th, 2015 EURUSD, “Euro vs US Dollar” Eurodollar is moving inside flag correctional pattern; the market has already completed this correction. We think, today, the price may continue falling towards 1.1000. This week, the pair is expected to form another descending wave with the target at 1.1225 and then the correction to reach 1.1300. GBPUSD, “Great Britain Pound vs US Dollar” Pound has completed the correction towards the previous descending structure. This week, the

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