Wednesday, November 18, 2020
GBPUSD is rising; the asset doesn’t seem to worry about the breakdown of the “soft” Brexit scenario so far.
GBPUSD continues growing and may soon update the high, while EURJPY is completing the correction and may start a new rising impulse to reach the current high.
EURUSD continues growing while the USD is waiting for stimulus.
EURGBP is correcting within a reversal pattern; AUDJPY is about to complete the correction, while XRPUSD is rebounding from the cloud’s upside border.
USDCAD continues the correction within the downtrend; AUDUSD is finishing the pullback within the ascending tendency, while USDCHF is still moving downwards.
Both USDJPY and USDCAD may continue falling with the target at 1/8.
USDRUB has broken 76.70 downwards.
Tuesday, November 17, 2020
GBPUSD is back to growing despite quite alarming signals from the Brexit talks.
USDJPY is rebounding from Tenkan-Sen and Kijun-Sen; EURUSD is growing within the rising channel, while GBPJPY is about to break the downside border of a Triangle pattern.
GOLD is trying to regain positions; NZDUSD is rebounding from the resistance level once again, while GBPUSD continues growing within the rising channel.
Both AUDUSD and NZDUSD have reached their respective “overbought areas” and are expected to correct downwards.
After breaking 44.00, Brent is consolidating above this level.
Monday, November 16, 2020
The major currency pair continues rising on Monday morning; market players are still interested in risks.
EURJPY is about to resume growing within a continuation pattern; NZDUSD is correcting within a Triangle pattern, while BTCUSD is rebounding from Tenkan-Sen and Kijun-Sen.
EURUSD is growing and expected to continue the ascending tendency, while GBPUSD may re-test 1.3305.
EURUSD is correcting within ascending tendency; USDJPY is rebounding from the resistance area, while EURGBP continues moving within the downtrend.
USDRUB has finished the ascending wave at 77.66.