USD/JPY had a bullish week. Yet, we should notice that the pair has reached some heavy resistance: 100-week MA (109.66) and 200-week MA (109.84).
Tag - usd
GBP/USD met resistance at 1.2950 (resistance line connecting the highs of November). The Awesome Oscillator on the D1 is declining.
How will the currency pairs move on the day of Thanksgiving?
USD/MXN has been strengthening since the start of November, although you can notice by looking at the chart that the advance hasn’t been smooth.
For the past couple of days, USD/CHF has been consolidating below the resistance line that connects the highs of October and November in the 0.9990 area.
The United States will release a bunch of important figures today. How will the data influence the USD?
Several indicators confirm the bullish reversal of EURUSD.
Hopes for a trade deal between the United States and China have returned. Watch the video to get the outlook for the major pairs!
The most important events of the last week of November
The outlook for EUR/USD, GBP/USD, USD/JPY, AUD/USD, and more. Watch our trading plan to get new trade ideas!
AUD/USD tried to recover this week, but its advance was stopped by the 100-day MA at 0.6830.
Let's look for trade opportunities in the currency market! Watch the video to get the analysis for the major pairs!