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 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for October 14th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar is moving inside the narrow consolidation channel at the top of flag correctional pattern. This consolidation channel may be considered as a continuation pattern to extend the correction (alternative scenario). The main scenario implies that the price may reach 1.1474. Later, in our opinion, the pair may return to 1.1372. GBP USD, “Great Britain Pound vs US Dollar” Pound has broken its consolidation channel and expanded it

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