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- Fx Weekly Analysis
- Top Investors
Spot Forex weekly Analysis For 18th NOVEMBER to 23rd November 2013
|EUR/USD||momentum holds upward 1.3510||Corrective dips should ideally halt near 1.3462 or 1.3447 for one more thrust upwards towards 1.3498 - 1.3520 area or 1.3550 in extention. Fall below 1.3403 puts it back on a downward path.|
|GBP/USD||Extension Eliott wave up 1.6180||Currently uptrend should end around 1.6140 - 1.6150 area. A correction down to below 1.6064 is expected. A rise above 1.6186 will abort the expected correction.|
|GBP/JPY||extended impulse wave up 162.55.||One move lower to 160.88 or 160.27 is anticipated while below 161.57 - 161.88 area. Stop loss above 162.27 zone.|
|EUR/AUD||correction zigzag 1.4316||There is bearish potential for a fall to 1.4387 - 1.4365 while 1.4410 - 1.4425 resist. After this fall a recovery up to 1.4425 or 1.4440 is expected.|
|XAU/USD||Irregular correction to 1300.00||Uptrend is still intact. It should continue to rally to 1297.41 or 1303.51 if supports at 1286.58 - 1284.21 area hold. Stop loss below 1281.85.|
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