Market Analysis Nov. 18

 


AUD USD Analysis Nov 18

The pair retreated during the Asian session slightly within a corrective wave of decline, but it managed to stay above the 50-day moving average positivity on the momentum indicator, so we expect it to re-target 0.73124 during today's trading on the condition of staying above the 50-day moving average on the chart. The four hours

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EUR JPY Analysis Nov 18

The pair is currently trying to stabilize above last two bottoms on the four-hour chart and return to trading above the 50-day moving average with positivity on the RSI and a decline in selling pressures according to the momentum indicator, so the pair may rise during today's trading towards 124.35

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EUR USD Analysis November 18

The pair continues to trade above the 50-day moving average with positivity on the RSI and momentum, with trading remaining above 1.1823, so we expect the pair to re-test 1.19 levels during today's trading

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GBP JPY Analysis Nov 18

The pair continues trading above the 50-day moving average with positivity on the momentum indicator, the RSI confirming the opportunity for the pair to rise towards 138.57 then 140.28, where the pair may face difficulty near the supply area

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USD JPY Analysis November 18

The pair continues to fall below the SMA 50, with continued trading negativity on the momentum indicator and the RSI, but it is now trying to maintain its trading above 103.985, which may give it the opportunity to return towards 104.74, but so far there are no important indicators indicating the possibility Buying the pair Therefore, we prefer to buy the pair if it falls to the 103.30 demand area

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Market Analysis Nov. 18 Market Analysis Nov. 18 Reviewed by DR HISHAM M YOUNES on November 17, 2020 Rating: 5

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