November 27, 2016

EURUSD Weekend update

  • EURUSD Month chart shows price falling towards the support zone between 1.0456 - 1.0519. this zone must be held to avoid a Range breakdown. With Dollar getting stronger this scenario cannot be ruled out.
  • 4 Hour chart shows the up move getting resisted at 50 Period SMA. Pair must cross and stay above this line for a reversal to take place. 4 Hour chart shows a bearish candle from 50 period SMA line. More weakness if price falls below 1.0580. Below this zone price may test 1.0560 , 1.0540 and 1.0520 levels.
  • GOLD Weekned update
  • CRUDE OIL Weekend update

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