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EUR/NZD analysis for November 22, 2016

Share This: for higher price since price is out of balance according to yesterday’s profile. Fibonacci Pivot Points: Resistance levels R1: 1.5125 R2: 1.5150 R3: 1.5210 Support levels: S1: 1.5015 S2: 1.4985 S3: 1.4930 Trading recommendations for today: Watch for a potential breakout to confirm a further direction. The material has been provided by InstaForex Company – www.instaforex.com… Read More »

EUR/NZD analysis for November 21, 2016

Share This: Resistance levels R1: 1.5125 R2: 1.5150 R3: 1.5180 Support levels: S1: 1.5055 S2: 1.5035 S3: 1.5000 Trading recommendations for today: Watch for potential selling opportunities. The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex

Gold analysis for November 21, 2016

Share This: and Fibonacci expansion 161.8% at the price of $1,226.80. Fibonacci pivot points: Resistance levels: R1: 1,207.35 R2: 1,208.20 R3: 1,209.60 Support levels: S1: 1,205.40 S2: 1,204.50 S3: 1,203.00 Trading recommendations for today: Watch for buying opportunities. The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex

Global macro overview for 21/11/2016

Share This: post-Brexit UK. Let’s now take a look at the GBP/USD technical picture in the 4H time frame. The market rallied slightly after May’s speech, but so far it stopped at first intraday resistance at the level of 1.2390. Nevertheless, the key support at the level of 1.2333 looks solid and the bounce might extend higher towards… Read More »

Technical analysis of USD/CAD for November 21, 2016

Share This: Intraday Resistance 1.3497 – Weekly Pivot 1.3419 – WS1 1.3398 – Intraday Support 1.3308 – WS2 Trading recommendations: The corrective upward wave progression is about to be completed, so this is why the daytraders should consider opening only sell orders with tight SL and TP open for now. The material has been provided by InstaForex Company… Read More »

Technical analysis of EUR/JPY for November 21, 2016

Share This: – WR1 118.41 – Intraday Resistance 117.47 – Intraday Support 116.99 – Weekly Pivot 116.49 – WS1 116.24 – Local Low Trading recommendations: The corrective upward wave progression is about to be completed or it has completed already, so this is why the daytraders should consider opening only sell orders with tight SL and TP open… Read More »