USDJPY analysis for 30.11.2017

Japan has released Industrial Production and the US will publish Personal Spending and Income MoM. The support rests at 111.860 with resistance at 112.600 which both lines are above the weekly pivot point at 111.750. The EMA of 10 is moving with bullish bias in the ascendant channel but it is below the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signals. Long positions are recommended towards the 61.8 level of Fibonacci at 113.3. https://fxglory.com/usdjpy-analysis-for-30-11-2017/

USDCHF analysis for 30.11.2017

USDCHF is under the influence of some economic reports such as GDP Growth Rate YoY and KOF Leading Indicators for Switzerland and Personal Spending, Initial Jobless Claims and Chicago PMI for the US. The support rests at 0.98290 with resistance at 0.98950 which the weekly pivot point at 0.98390 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel but it is located below the EMA of 200 and the EMA of 100. The RSI is rising towards the overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in middle ranges. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend. Long positions are recommended towards 0.99. https://fxglory.com/usdchf-analysis-for-30-11-2017/

EURUSD analysis for 30.11.2017

The US tax reform program and rate hike in December are the most infuentail matters for EURUSD. The support rests at 1.18450 with resistance at 1.18840 which the weekly pivot point at 1.18600 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel but it is above the EMA of 200 and the EMA of 100. The RSI is moving horizontally on the 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals. The price is moving in lower Bollinger band, it will grow towards the upper side targeting 1.195. https://fxglory.com/eurusd-analysis-for-30-11-2017/

USDCAD analysis for 23.11.2017

Canada is publishing Retail Sales MoM and the US is not releasing any economic reports. The pair is finding support at 1.26750 with resistance at 1.27220 which both lines are below the weekly pivot point at 1.27550. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and below the EMA of 100. The RSI is falling towards the oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend. Short positions are recommended towards 1.25. https://fxglory.com/usdcad-analysis-for-23-11-2017/

GBPUSD analysis for 23.11.2017

GBP has been supported by the UK economic reports and USD has been under the influence of the FOMC minutes. The support rests at 1.32960 with resistance at 1.33440 which both lines are above the weekly pivot point at 1.31770. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing upward momentum and MACD line is above the signal line in the positive territory. The ADX is showing buy signals. Despite the pullbacks on the way, buyers can target 1.35. https://fxglory.com/gbpusd-analysis-for-23-11-2017/

EURUSD analysis for 23.11.2017

EURUSD started its bullish movement after the FOMC minutes and this pair will not be volatile due to the thanksgiving ahead. The support rests at 1.18070 with resistance at 1.18490 which both lines are above the weekly pivot point at 1.17610. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signals. Long positions are recommended towards 1.20. https://fxglory.com/eurusd-analysis-for-23-11-2017/

USDJPY analysis for 22.11.2017

Japan is not releasing any economic data but the US will publish the core durable goods data and the FOMC minutes. The support rests at 111.920 with resistance at 112.420 which both lines are below the weekly pivot point at 112.640. The EMA of 10 is moving with bearish bias in the descendant channel but it is above the EMA of 200 and the EMA of 100. The RSI is moving below the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in negative territory. The ADX is showing weak buy signals. Short positions are recommended towards 111.80. https://fxglory.com/usdjpy-analysis-for-22-11-2017/