Market Outlook Nov. 23- 27, 2015

EURAUD

Weekly

I might be having short term bullish signal on lower time frame when it opens next week. However, this week’s outlook is to short it till 1.44. Prices are past 61.8% in bullish fibo level, with bearish MACD and RSI at 42 level.

Daily
Prices fell past 200SMA and is still below clouds, with bearish MACD and RSI level at 21.

AUDCHF

Weekly

I’m relatively bullish with AUD. Though audchf prices are way below clouds and 200SMA, its Bullish MACD and RSI level at 58 indicates possible bullish run with a target price on its 50% bearish fibo level, at 0.75.

Daily

Prices are way above 200SMA and clouds,with bullish MACD and RSI at 78 level.

GBPNZD

Weekly

I’m bearish with GBP this week. Although prices are still above clouds and 200SMA and RSI at 53 , I’m looking at a possible sell to
2.289.

Daily

Prices are within bearish clouds with RSI level at 48.
Please look for bearish signals on your own system before entry.

 

Disclaimer : No absolute Absolutes. Trade at your own risk.

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