JPY is acting weaker against USD due to the Household Spending report in Japan.

The support rests at 111.820 with resistance at 113.420 which the weekly pivot point at 112.440 is located in between the lines. The EMA of 10 is moving horizontally but it is located above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is showing downward momentum and the MACD indicator is falling down towards the neutral zone. The ADX is not showing any clear signals.

The bullish scenario is more probable therefore long positions are recommended targeting 114 area.

## Wednesday, November 30, 2016

### USDCAD analysis for 30.11.2016

USDCAD is under the influence of the US GDP and the oil price.

The pair is finding support at 1.34100 with resistance at 1.34660 which both lines are below the weekly pivot point at 1.34750. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and above the EMA of 200. The RSI is moving below the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving horizontally in low ranges. The ADX is showing buy signal.

Long positions are recommended targeting 1.3470.

The pair is finding support at 1.34100 with resistance at 1.34660 which both lines are below the weekly pivot point at 1.34750. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and above the EMA of 200. The RSI is moving below the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving horizontally in low ranges. The ADX is showing buy signal.

Long positions are recommended targeting 1.3470.

### EURUSD analysis for 30.11.2016

Business Climate, Economic Sentiment and Services Sentiment in Eurozone weakened EUR.

The support rests at 1.06100 with resistance at 1.06660 which both lines are above the weekly pivot point at 1.05870. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is not showing any signals.

Due to the poor economic reports in Eurozone, we will stay bearish for now targeting 1.0500.

The support rests at 1.06100 with resistance at 1.06660 which both lines are above the weekly pivot point at 1.05870. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is not showing any signals.

Due to the poor economic reports in Eurozone, we will stay bearish for now targeting 1.0500.

### NZDUSD analysis for 29.11.2016

NZD is acting weaker than USD due to the oil price. The support rests in 0.70570 with resistance at 0.70990 which both lines are above the weekly pivot point at 0.70310. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is growing towards the overbought area, the MACD indicator is in neutral territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The chart seems bullish at the moment however pullbacks are happening at any time soon.

https://fxglory.com/nzdusd-analysis-for-29-11-2016/

https://fxglory.com/nzdusd-analysis-for-29-11-2016/

### GBPUSD analysis for 29.11.2016

GBPUSD has been fluctuating within the channel for almost 20 days. The support rests at 1.23800 with resistance at 1.24180 which both lines are below the weekly pivot point at 1.24340. The EMA of 10 is moving with bearish bias and it has reached the EMA of 100 but both of them are below the EMA of 200. The RSI is rising towards the 50 level, the Stochastic is moving in low ranges while showing upward momentum and the MACD indicator is in neutral territory. The ADX is showing a weak sell signal. There are not enough signals to forecast the trend’s direction however there is a possibility of downward attempt targeting 1.2300.

https://fxglory.com/gbpusd-analysis-for-29-11-2016/

https://fxglory.com/gbpusd-analysis-for-29-11-2016/

### EURUSD analysis for 29.11.2016

EURUSD is under the influence of Draghi’s speech and the Brexit issue. The support rests at 1.05780 with resistance at 1.06220 which the weekly pivot point at 1.05870 is located in between the lines. The EMA of 10 is moving horizontally and it is below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in neutral territory. The ADX is not showing any signals. Sellers can target 1.0550 at the moment.

https://fxglory.com/eurusd-analysis-for-29-11-2016/

https://fxglory.com/eurusd-analysis-for-29-11-2016/

### AUDUSD analysis for 28.11.2016

AUD was empowered by the Positive sentiment around base metals. The support rests in 0.74380 with resistance at 0.74980 which both lines are above the weekly pivot point at 0.74030. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD indicator is moving in neutral zone and the Stochastic is showing upward momentum. The ADX is showing a buy signal at the moment. Long positions are recommended targeting 0.7500 area.

https://fxglory.com/audusd-analysis-for-29-11-2016/

https://fxglory.com/audusd-analysis-for-29-11-2016/

### EURUSD analysis for 28.11.2016

EUR is acting stronger than USD even though there were no important economic reports in euro zone. The support rests at 1.06200 with resistance at 1.07020 which both lines are above the weekly pivot point at 1.05870. The EMA of 10 is moving with bullish bias and it is below the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the Stochastic is moving in high ranges and the MACD indicator is in neutral territory. The ADX is showing buy signals. Considering the upward trend, the pair will grow to 1.070 area.

https://fxglory.com/eurusd-analysis-for-28-11-2016/

https://fxglory.com/eurusd-analysis-for-28-11-2016/

### USDJPY analysis for 28.11.2016

USD was empowered due to the US bond yields growth. The support rests at 111.080 with resistance at 112.680 which the weekly pivot point at 112.440 is located in between the lines. The EMA of 10 is moving with bearish bias but it is located above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is showing downward momentum and the MACD indicator is falling down towards the neutral zone. The ADX is showing a weak sell signal. Sellers can target 111.00 while being cautious about the possibility of price growth towards 114 area.

https://fxglory.com/usdjpy-analysis-for-28-11-2016/

https://fxglory.com/usdjpy-analysis-for-28-11-2016/

## Friday, November 25, 2016

### USDCAD analysis for 25.11.2016

There is no specific economic reports in Canada to influence USDCAD therefore this pair is chiefly under the influence of the US economic reports. The pair is finding support at 1.34700 with resistance at 1.35060 which the weekly pivot point at 1.34960 is located in between the lines. The EMA of 10 is moving with bearish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving horizontally in low ranges. The ADX is showing a weak sell signal. Short positions are recommended targeting 1.3360.

https://fxglory.com/usdcad-analysis-for-25-11-2016/

https://fxglory.com/usdcad-analysis-for-25-11-2016/

### USDJPY analysis for 25.11.2016

USDJPY is under the influence of economic reports in Japan and the US; BOJ Core CPI y/y, SPPI y/y and Tokyo Core CPI y/y in Japan and Flash Services PMI, Prelim Wholesale Inventories m/m, and Goods Trade Balance in the US. The support rests at 112.500 with resistance at 114.110 which both lines are above the weekly pivot point at 109.520. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a weak buy signal. It seems the pullbacks have started so short positions are recommended while the correction pattern is created.

https://fxglory.com/usdjpy-analysis-for-25-11-2016/

https://fxglory.com/usdjpy-analysis-for-25-11-2016/

### EURUSD analysis for 25.11.2016

EURUSD is chiefly under the influence of some economic reports such as Italian Retail Sales m/m in Europe and Flash Services PMI, Prelim Wholesale Inventories m/m and Goods Trade Balance in the US. The support rests at 1.05250 with resistance at 1.06090 which both lines are below the weekly pivot point at 1.06650. The EMA of 10 is moving with bullish bias and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is not showing any signals. Long positions are recommended targeting 1.0657 area.

https://fxglory.com/eurusd-analysis-for-25-11-2016/

https://fxglory.com/eurusd-analysis-for-25-11-2016/

## Thursday, November 24, 2016

### NZDUSD analysis for 24.11.2016

Despite NZD, USD is being empowered due to the US economic growth. The support rests in 0.69600 with resistance at 0.70140 which both lines are below the weekly pivot point at 0.70500. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is growing towards the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving in its minimum rate. The ADX is showing sell signal. The pair is not going to fall below the support zone, therefore long positions are recommended targeting 0.7100 area.

https://fxglory.com/nzdusd-analysis-for-24-11-2016/

https://fxglory.com/nzdusd-analysis-for-24-11-2016/

### GBPUSD analysis for 24.11.2016

While USD is being supported due to the rate hike possibility, GBP is still under pressure as the result of Brexit. The support rests at 1.24140 with resistance at 1.24500 which both lines are above the weekly pivot point at 1.23080. The EMA of 10 is moving horizontally and it is below the EMA of 200 and above the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is moving in high ranges while showing downward momentum and the MACD indicator is in neutral territory. The ADX is showing sell signal. Sellers’ next target is 1.2300.

https://fxglory.com/gbpusd-analysis-for-24-11-2016/

https://fxglory.com/gbpusd-analysis-for-24-11-2016/

### EURUSD analysis for 24.11.2016

EUR seems weak against the strong USD which is still being supported due to the possibility of rate hike. The support rests at 1.05150 with resistance at 1.05650 which both lines are below the weekly pivot point at 1.06650. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards the 50 level, the Stochastic is moving in low ranges and the MACD indicator is in negative territory. The ADX is showing sell signal. Considering the bearish scenario, the next target will be 1.0550.

https://fxglory.com/eurusd-analysis-for-24-11-2016/

https://fxglory.com/eurusd-analysis-for-24-11-2016/

## Wednesday, November 23, 2016

### AUDUSD analysis for 23.11.2016

AUD was supported due to the Assistant Governor Kent’s speech. The support rests in 0.74050 with resistance at 0.74470 which the weekly pivot point at 0.74140 is located in between the lines. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving on 50 level, the MACD indicator is rising towards the neutral zone and the Stochastic is showing upward momentum. The ADX is showing a buy signal at the moment. The resistance level breakout will be a good buy opportunity for buyers targeting 0.7450.

https://fxglory.com/audusd-analysis-for-23-11-2016/

https://fxglory.com/audusd-analysis-for-23-11-2016/

### USDJPY analysis for 23.11.2016

JPY was supported after the earthquake and Kuroda’s comments. The support rests at 110.760 with resistance at 111.270 which both lines are above the weekly pivot point at 109.520. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing downward momentum and the MACD indicator is falling towards the neutral zone. The ADX is not showing any clear signal. The chart will stay bullish targeting 112.00 area.

https://fxglory.com/usdjpy-analysis-for-23-11-2016/

https://fxglory.com/usdjpy-analysis-for-23-11-2016/

### EURUSD analysis for 23.11.2016

USD is still powerful due to the Fed’s actions next month and investors’ hope for better economic developments during Trump’s presidency. The support rests at 1.06100 with resistance at 1.06460 which both lines are below the weekly pivot point at 1.06650. The EMA of 10 is moving horizontally and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is not showing any clear signal. The pair’s failure to reach beyond the resistance zone is a good signal for sellers who can target 1.0500 for the next destination.

https://fxglory.com/eurusd-analysis-for-23-11-2016/

https://fxglory.com/eurusd-analysis-for-23-11-2016/

## Tuesday, November 22, 2016

### USDCAD analysis for 22.11.2016

CAD is chiefly under the influence of wholesale Sales report and oil price. The pair is finding support at 1.33860 with resistance at 1.34240 which both lines are below the weekly pivot point at 1.34960. The EMA of 10 is moving with bearish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving horizontally in low ranges. The ADX is showing sell signal. The pair will start its bullish trend soon therefore long positions are recommended targeting 1.3470.

https://fxglory.com/usdcad-analysis-for-22-11-2016/

https://fxglory.com/usdcad-analysis-for-22-11-2016/

### GBPUSD analysis for 22.11.2016

While GBP is staying neutral, the USD is being supported after the Trump’s election. The support rests at 1.24660 with resistance at 1.25130 which both lines are above the weekly pivot point at 1.24130. The EMA of 10 is moving bullish bias and it is below the EMA of 200 and above the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is moving in high ranges and the MACD indicator is in neutral territory. The ADX is not showing any clear signal. The bearish trend seems to be strong therefore sellers can target 1.2200.

https://fxglory.com/gbpusd-analysis-for-22-11-2016/

https://fxglory.com/gbpusd-analysis-for-22-11-2016/

### EURUSD analysis for 22.11.2016

EUR is under pressure due to the political issues in Italy and France. The support rests at 1.05750 with resistance at 1.06600 which both lines are below the monthly pivot point at 1.06650. The EMA of 10 is moving horizontally and it is below the EMA of 100 and the EMA of 200. The RSI has grown towards the 50 level after spending many days in oversold area, the Stochastic is moving in high ranges and the MACD indicator is in negative territory. The ADX is not showing any clear signal. Buyers can target 1.0650 for today.

https://fxglory.com/eurusd-analysis-for-22-11-2016/

https://fxglory.com/eurusd-analysis-for-22-11-2016/

### NZDUSD analysis for 21.11.2016

NZD is under pressure due to the Fed and RBNZ policy issue. The support rests at 0.69860 with resistance at 0.70280 which both lines are below the weekly pivot point at 0.70500. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving horizontally in oversold area, the MACD indicator is in negative territory and the Stochastic is moving in its minimum rate. The ADX is not showing any clear signal. Long positions are recommended with the target at 0.7100.

https://fxglory.com/nzdusd-analysis-for-21-11-2016/

https://fxglory.com/nzdusd-analysis-for-21-11-2016/

### USDJPY analysis for 21.11.2016

USD gained momentum due to the positive economic reports in the US. The support rests at 110.600 with resistance at 111.420 which both lines are above the weekly pivot point at 109.520. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is in its highest rate and the MACD indicator is in positive territory. The ADX is showing a strong buy opportunity. The chart seems to be bullish therefore buyers can target 112.00 area.

https://fxglory.com/usdjpy-analysis-for-21-11-2016/

https://fxglory.com/usdjpy-analysis-for-21-11-2016/

### EURUSD analysis for 21.11.2016

EUR was empowered by the Mario Draghi’s comments on Friday and at the same time USD was being supported by the US economic reports. The support rests at 1.05760 with resistance at 1.06240 which both lines are below the weekly pivot point at 1.06650. The EMA of 10 is moving with bearish bias along the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is not showing any clear signal. EURUSD will start its upward trend soon targeting 1.0700 area.

https://fxglory.com/eurusd-analysis-for-21-11-2016/

https://fxglory.com/eurusd-analysis-for-21-11-2016/

## Friday, November 18, 2016

### AUDUSD analysis for 18.11.2016

AUDUSD is under the influence of weak jobs data in Australia. The support rests in 0.73670 with resistance at 0.74110 which both lines are below the weekly pivot point at 0.76150. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the MACD indicator is in negative territory and the Stochastic is moving in low ranges. The ADX is showing a sell signal at the moment. We stay bearish for a short time then buyers can expect the correction pattern.

https://fxglory.com/audusd-analysis-for-18-11-2016/

https://fxglory.com/audusd-analysis-for-18-11-2016/

### USDJPY analysis for 18.11.2016

USDJPY is chiefly under the influence of BoJ’s decision to buy JGB. The support rests at 110.170 with resistance at 111.010 which both lines are above the weekly pivot point at 104.910. The EMA of 10 is moving with bullish bias and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is in its highest rate and the MACD indicator is in positive territory. The ADX is showing a strong buy opportunity. 111 area seems to be such a strong resistance zone for this pair therefore pullbacks will be mostly probable at the moment.

https://fxglory.com/usdjpy-analysis-for-18-11-2016/

https://fxglory.com/usdjpy-analysis-for-18-11-2016/

### EURUSD analysis for 18.11.2016

USD is being supported by the chance of Fed’s rate hike and other economic developments on the way. The support rests at 1.05670 with resistance at 1.06190 which both lines are below the weekly pivot point at 1.09940. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is moving in its minimum rate and the MACD indicator is in negative territory. The ADX is showing sell signal. EURUSD will start its correction pattern soon targeting 1.0750.

https://fxglory.com/eurusd-analysis-for-18-11-2016/

https://fxglory.com/eurusd-analysis-for-18-11-2016/

### USDCAD analysis for 17.11.2016

USDCAD is chiefly under the influence of oil price. The pair is finding support at 1.34150 with resistance at 1.34400 which both lines are below the weekly pivot point at 1.34480. The EMA of 10 is moving with bearish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving in its minimum rate. The ADX is showing buy signal. Long positions are recommended targeting 1.3470.

https://fxglory.com/usdcad-analysis-for-17-11-2016/

https://fxglory.com/usdcad-analysis-for-17-11-2016/

### USDJPY analysis for 17.11.2016

JPY is being supported due to the Nikkei 225 report and at the same time, USD is being empowered due to hope for Fed’s rate hike. The support rests at 108.210 with resistance at 109.630 which both lines are above the weekly pivot point at 104.910. The EMA of 10 is moving with bullish bias and it is located above the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a strong buy opportunity at the moment. Long positions are recommended targeting 110.00.

https://fxglory.com/usdjpy-analysis-for-17-11-2016/

https://fxglory.com/usdjpy-analysis-for-17-11-2016/

### EURUSD analysis for 17.11.2016

While USD is getting stronger, EUR is not gaining or losing power. The support rests at 1.06770 with resistance at 1.07290 which both lines are below the weekly pivot point at 1.09940. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the Stochastic is moving horizontally in its minimum rate and the MACD indicator is in negative territory. The ADX is showing buy signal. Sellers can still target 1.0650 for today.

https://fxglory.com/eurusd-analysis-for-17-11-2016/

https://fxglory.com/eurusd-analysis-for-17-11-2016/

## Wednesday, November 16, 2016

### NZDUSD analysis for 16.11.2016

NZD was empowered yesterday but today it was weakened again. The support rests in 0.70750 with resistance at 0.71230 which both lines are below the weekly pivot point at 0.72030. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving horizontally in oversold area, the MACD indicator is in negative territory and the Stochastic is moving in its minimum rate. The ADX is not showing any clear signal. The support level breakthrough will smooth the way for further decline to 0.7070.

https://fxglory.com/nzdusd-analysis-for-16-11-2016/

https://fxglory.com/nzdusd-analysis-for-16-11-2016/

### GBPUSD analysis for 16.11.2016

Despite the strong UK Producer Price Index, GBP did not grow. The support rests at 1.24360 with resistance at 1.25020 which both lines are below the weekly pivot point at 1.25410. The EMA of 10 is moving horizontally and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in neutral territory. The ADX is showing a good buy opportunity. The chart seems bearish for today. Sellers can target 1.2300.

https://fxglory.com/gbpusd-analysis-for-16-11-2016/

https://fxglory.com/gbpusd-analysis-for-16-11-2016/

### EURUSD analysis for 16.11.2016

Yesterday EUR was empowered due to the Economic Sentiment in Eurozone but today it continued its bearish trend. The support rests at 1.07240 with resistance at 1.07700 which both lines are below the weekly pivot point at 1.09940. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is moving in its minimum rate and the MACD indicator is in negative territory. The ADX is not showing any clear signal. Short positions are recommended targeting 1.0650.

https://fxglory.com/eurusd-analysis-for-16-11-2016/

https://fxglory.com/eurusd-analysis-for-16-11-2016/

## Tuesday, November 15, 2016

### EURUSD analysis for 15.11.2016

EURUSD is moving horizontally in low rates due to the Trump’s victory. The support rests at 1.07270 with resistance at 1.07720 which both lines are below the weekly pivot point at 1.09940. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is not showing any clear signal. Considering the downward scenario, the pair will target 1.0650 however the resistance level breakout will start the bullish bias targeting 1.0850.

https://fxglory.com/eurusd-analysis-for-15-11-2016/

https://fxglory.com/eurusd-analysis-for-15-11-2016/

### GBPUSD analysis for 15.11.2016

Today GBPUSD is under the influence of Chinese Industrial Production and Retail Sales. The support rests at 1.24540 with resistance at 1.25040 which both lines are below the weekly pivot point at 1.25410. The EMA of 10 is moving with bearish bias and it is getting closed to the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the Stochastic is moving horizontally in its minimum rate and the MACD indicator is in neutral territory. The ADX is showing a good sell opportunity. Short positions are recommended targeting 1.2400.

https://fxglory.com/gbpusd-analysis-for-15-11-2016/

https://fxglory.com/gbpusd-analysis-for-15-11-2016/

### AUDUSD analysis for 15.11.2016

The Chinese economic data is leaving impacts on AUDUSD. The support rests in 0.75260 with resistance at 0.75760 which both lines are below the weekly pivot point at 0.76150. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the MACD indicator is in negative territory and the Stochastic is moving in neutral area. The ADX is not showing any clear signal at the moment. Short positions are recommended targeting 0.7500.

https://fxglory.com/audusd-analysis-for-15-11-2016/

https://fxglory.com/audusd-analysis-for-15-11-2016/

## Monday, November 14, 2016

### EURUSD analysis for 14.11.2016

While EUR is being supported due to the Wholesale Price Index in Germany, USD is also empowered by the new president’s speech. The support rests at 1.07630 with resistance at 1.08230 which both lines are below the weekly pivot point at 1.09940. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is showing downward momentum and the MACD indicator is in negative territory. The ADX is showing buy opportunity. The support level breakdown will drag the pair to lower levels. Short positions are recommended at the moment.

https://fxglory.com/eurusd-analysis-for-14-11-2016/

https://fxglory.com/eurusd-analysis-for-14-11-2016/

### AUDUSD analysis for 10.11.2016

While USD was losing power due to the election results, AUD was weakening as well as the result of weak Consumer Confidence in Australia. The support rests in 0. 76470 with resistance at 0.76910 which the weekly pivot point at 0. 76510 is located in between the lines. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving in the 50 level, the MACD indicator is in neutral territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signal at the moment. Short positions are recommended targeting 0.7625.

https://fxglory.com/audusd-analysis-for-10-11-2016/

https://fxglory.com/audusd-analysis-for-10-11-2016/

### EURUSD analysis for 10.11.2016

There was no specific economic report in Europe to influence EUR however, the USD is falling due to the Trump’s triumph. The support rests at 1.09070 with resistance at 1.09710 which both lines are below the weekly pivot point at 1.10720. The EMA of 10 is moving with bearish bias and it is below the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the Stochastic is moving horizontally in its minimum rate and the MACD indicator is in neutral territory. The ADX is not showing any clear signal at the moment. The chats seems bullish at the moment, long positions are recommended with the target at 1.1100.

https://fxglory.com/eurusd-analysis-for-10-11-2016/

https://fxglory.com/eurusd-analysis-for-10-11-2016/

### USDCAD analysis for 09.11.2016

While USD was getting strengthened, CAD was under pressure due to the oil price. The pair is finding support at 1.33480 with resistance at 1.35550 which both lines are above the monthly pivot point at 1.32790. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the MACD indicator is in neutral territory and the Stochastic is showing price growth. The ADX is showing sell signal. The pair seems bearish at the moment, sellers can target 1.3250.

https://fxglory.com/usdcad-analysis-for-09-11-2016/

https://fxglory.com/usdcad-analysis-for-09-11-2016/

### GBPUSD analysis for 09.11.2016

GBPUSD had a sudden growth due to the US election but soon fell back. The support rests at 1.23590 with resistance at 1.24530 which the weekly pivot point at 1.24150 is located in between the lines. The EMA of 10 is moving with bullish bias and it is located below the EMA of 200 and above the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is showing a better buy opportunity. Short positions are recommended targeting 1.23 area.

https://fxglory.com/gbpusd-analysis-for-09-11-2016/

https://fxglory.com/gbpusd-analysis-for-09-11-2016/

### EURUSD analysis for 09.11.2016

EURUSD had a sharp growth due to the US election and now it is falling down. The support rests at 1.11100 with resistance at 1.13690 which both lines are above the weekly pivot point at 1.10900. The EMA of 10 is moving with bullish bias and it is above the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is not showing any clear signal at the moment. Short positions are recommended targeting 1.1000.

https://fxglory.com/eurusd-analysis-for-09-11-2016/

https://fxglory.com/eurusd-analysis-for-09-11-2016/

### NZDUSD analysis for 08.11.2016

NZD was getting weak against USD due to the FBI report concerning Hilary Clinton. The support rests in 0.73090 with resistance at 0.73450 which both lines are above the weekly pivot point at 0.72710. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving horizontally in overbought area, the MACD indicator is in positive territory and the Stochastic is moving in its maximum rate. The ADX is showing stronger buy opportunity than sell. In case of the resistance level breakout, long positions are recommended targeting 0.7400.

https://fxglory.com/nzdusd-analysis-for-08-11-2016/

https://fxglory.com/nzdusd-analysis-for-08-11-2016/

### USDJPY analysis for 08.11.2016

USDJPY is chiefly under the influence of US election and the oil price. The support rests at 104.190 with resistance at 104.550 which both lines are above the weekly pivot point at 103.430. The EMA of 10 is moving with bullish bias and it has crossed the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is not showing any clear signal at the moment. Long positions are recommended targeting 105.00.

https://fxglory.com/usdjpy-analysis-for-08-11-2016/

https://fxglory.com/usdjpy-analysis-for-08-11-2016/

### EURUSD analysis for 08.11.2016

While USD is sensitive to the election reports, EUR is getting weakened due to the negative Factory Orders in Germany. The support rests at 1.10230 with resistance at 1.10530 which both lines are below the weekly pivot point at 1.10900. The EMA of 10 is moving with bearish bias and it has reached the EMA of 200 and they are both above the EMA of 100. The RSI is moving below the 50 level, the Stochastic is moving in low ranges and the MACD indicator is in neutral territory. The ADX is not showing any clear signal at the moment. Short positions are recommended targeting 1.1000.

https://fxglory.com/eurusd-analysis-for-08-11-2016/

https://fxglory.com/eurusd-analysis-for-08-11-2016/

### USDJPY analysis for 07.11.2016

USDJPY is chiefly under the influence of American and European stocks. The support rests at 103.820 with resistance at 104.840 which both lines are above the weekly pivot point at 103.430. The EMA of 10 is moving with bullish bias and it has crossed the EMA of 200 and it is now close to the EMA of 100. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is showing stronger buy opportunity than sell. Soon USDJPY will start its correction pattern heading downwards.

https://fxglory.com/usdjpy-analysis-for-07-11-2016/

https://fxglory.com/usdjpy-analysis-for-07-11-2016/

### GBPUSD analysis for 07.11.2016

GBP is being supported due to the Brexit issue. The support rests at 1.23890 with resistance at 1.25030 which the weekly pivot point at 1.24150 is located in between the lines. The EMA of 10 is moving with bearish bias and it is located below the EMA of 200 and above the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is not showing any clear signal at the moment. Short positions are recommended targeting 1.2350.

https://fxglory.com/gbpusd-analysis-for-07-11-2016/

https://fxglory.com/gbpusd-analysis-for-07-11-2016/

### EURUSD analysis for 07.11.2016

USD is under pressure due to the US election. EURUSD is also under the influence of the US Unemployment Rate. The support rests at 1.10470 with resistance at 1.11110 which the weekly pivot point at 1.10900 is located in between the lines. The EMA of 10 is moving with bearish bias but it is located above the EMA of 100 and EMA of 200. The RSI is moving on the 50 area, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is not showing any clear signal at the moment. EURUSD is falling down targeting the support area. Short positions are recommended for now.

https://fxglory.com/eurusd-analysis-for-07-11-2016/

https://fxglory.com/eurusd-analysis-for-07-11-2016/

### USDCAD analysis for 04.11.2016

While USD is being weakened by the US labor data, the oil price is leaving negative impact on CAD as well. The pair is finding support at 1.33740 with resistance at 1.34160 which the weekly pivot point at 1.33830 is located in between the lines. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving in high rates. The ADX is showing buy signal. As long as the price is above the weekly pivot point, it would stay bullish.

https://fxglory.com/usdcad-analysis-for-04-11-2016/

https://fxglory.com/usdcad-analysis-for-04-11-2016/

### GBPUSD analysis for 04.11.2016

GBP is being supported by the UK’s Services PMI. The support rests at 1.24530 with resistance at 1.24850 which both lines are above the weekly pivot point at 1.21820. The EMA of 10 is moving with bullish bias and it has crossed the EMA of 100 and now it is rising towards the EMA of 200. The RSI is moving in overbought area, the Stochastic is in its maximum rate and the MACD indicator is in positive territory. The ADX is showing stronger buy opportunity rather than sell. Long positions are recommended targeting 1.2500.

https://fxglory.com/gbpusd-analysis-for-04-11-2016/

https://fxglory.com/gbpusd-analysis-for-04-11-2016/

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