Week 49 / 2015

Week 49 ahead. Coming 'Santa Claus' Rally? Situation on financial markets may not be clear until final decision is made on interest rates in the US (rise)?

EUR/USD and EUR/AUD
Main downtrend is in place however daily range decreased dramatically. Correction may be expected.

EUR/JPY 
Price moves on H4 down channel with MACD flat. Correction may be expected.

GBP/USD
Downtrend on D1 and H4. Price made pullback due to PA or Fibo level. Possible MACD divergence on D1.

GBP/JPY
Price in consolidation. Possible triangle formation.

NZD/USD and NZD/JPY
Price in downtrend. PA levels 0.657 and 80.9 respected as last week. Current action can be treated as pullback.

AUD/USD
D1/H4 crossed resistance MAs and levels. Last up move has been corrected to MAs on D1 chart and between MAs on H4.