During this week,
the markets moved in a bit of turmoil affected by the decline in oil prices and
fears of political conflict in Britain
AUD JPY Analysis
November 21
The pair
rebounded from its low near key support at 81.25, a sign of breaking the
downtrend that extended throughout the week
Technically and
on the MACD indicator we have positive signals on the pair's ability to breach
the first resistance level of 82.34
A breach of this
level will push us towards the level of resistance that the pair used to fall
before breaching at 82.77 and if the pair succeeded in breaching this time the
next target will be at 83 directly
Recommendation
Buy the pair from
the current levels 81.56
Stop loss 78.72
Take profit
82.753
AUD NZD Analysis
November 21
The 1.060
resistance managed to stop the bearish wave which has continued over the past
two weeks. The pair was affected by the data from New
Zealand and China
Technically and
on the MACD Alerts - we have a strong buying signal while we have broken
support that we need to trade above at 1.069, stability of the top of the
broken support will push us to initial resistance at 1.075
Trading
Recommendation
Buy the pair from
the current levels 1.0618
Stop loss 1.04154
Take Profit
1.08726
CAD JPY Analysis
for 21 November 2018
The Canadian
currency was heavily affected by the decline in oil prices during the week. The
negative impact of the decline in oil prices pushed the pair to break the
strongest resistance and drop to 84.50 for the first time in a long time, that
decline makes us waiting to buy the pair with the first positive signal, On
expectations of a near recovery in oil prices
Technically and
MACD Alerts - we have an early signal to buy, while we have broken support at
85.19 and strong resistance at 86.29 so if we buy we will only target initial
resistance
Recommendation
Buy the pair from
current levels 84.82
Stop loss 83.116
Take Profit
86.125
GBP / JPY ...
Buyback with First Goals 149
The pair is
affected by many of the negative news from Britain, more problems facing the
British Prime Minister but the old lady seems able to overcome the crisis,
European support seems to be very close, even the negative data of the British
economy is not catastrophic. Overall: We are not afraid to buy GBPUSD right Now
Technically and
on the MACD Alerts - we have a continuous buying signal since yesterday, and we
have resistance to the resistance so far at 144 has managed to resist every
decline so far while the strongest resistance at 142
Trading
Recommendation
Buy the pair from
current levels 144.40
Stop Loss 144.40
Take Profit 149.20
GBP / USD ...
repurchase with 1.31 first targets
The pair is
affected by many of the negative news from Britain, more problems facing the
British Prime Minister but the old lady seems able to overcome the crisis,
European support seems to be very close, even the negative data of the British
economy is not catastrophic. Overall: We are not afraid to buy GBPUSD right Now
Technically, we
have a strong buying signal from yesterday, we also have strong support at
1.272 which we can rely on when buying the pair while the first strong resistance
at 1.3001 and trading above that resistance for four hours will make us target
1.317 areas easily
Trading
Recommendation
Buy the pair now
from 1.2800 levels
Stop loss 1.2600
Take Profit
1.3170
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