|
The EURCHF leans above the moving average – Analysis – 17-11-2023
The EURCHF pair resisted the negative pressures caused by stochastic decline below 50 level by providing new close above the MA55 that forms additional support now at 0.9625.
These factors allow us to suggest forming temporary sideways fluctuation until succeeding to gain the additional positive momentum and ease the mission of reaching towards the main positive station that might start at 0.9680 followed by reaching 50% Fibonacci correction level at 0.9755.
The expected trading range for today is between 0.9630 and 0.9680
The expected trend for today: Bullish
Thanks for your feedback.
Nothing changed for natural gas price – Analysis – 17-11-2023
Natural gas price didn’t move until this morning, by fluctuating within the sideways track represented by 3.100 support and 3.300 resistance.
MoreThe EURJPY still bullish – Analysis – 17-11-2023
Despite the EURJPY pair’s lack of the positive momentum and forming correctional bearish wave recently, the main stability within the bullish channel and consolidating above the additional support at 163.00 allow us to keep the bullish overview for the near-term and medium-term trades, to expect targeting 163.95 followed by reaching the next main target at 164.90.
MoreThe GBPJPY gains some profits – Analysis – 17-11-2023
The GBPJPY pair activated the correctional bearish track to start gaining some profits, to notice crawling below 186.65, affected by stochastic that settles near 20 level.
More