2016/11/23

Week 47 / 2016


This week is really interesting. Dust settles after US elections and everybody seem to watch for end-of-year run. Dollar grows in strength. See some interesting pairs to watch this week.



NZDUSD
Trade taken based more on H4. Pullback after strong down move was not strong enough so downtrend continues.
Trade - set. Careful to watch during day (possible gird).


GBPJPY 
Up move went until TL and fibo level.
Trade - no, watch.



AUDUSD 
If downtrend continues it may go as long as level 0.72. Pin bar in down move. Trade has been set at 0.74


USDJPY 
The up move is strong but next PA level is at next fibo 115.5
Trade - no, watch.




















GBPAUD
Pin bar in up move. Correction went to 8 MA.
Trade - set on PA level.




















EDIT:
GBPAUD shows similar correction in uptrend.





















NZDUSD Price tested median line s downtrend is expected to continue.



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