empty
 
 
Chystáte sa opustiť
www.instaforex.eu >
webovú stránku, ktorú prevádzkuje
INSTANT TRADING EU LTD
Otvoriť účet

17.11.202110:16 Forex Analysis & Reviews: Simplified wave analysis and forecast of GBP/USD, AUD/USD, USD CHF, USD / CAD for November 17

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

GBP/USD

Analysis:

The direction of price fluctuations of the major pair of the British pound is set by the descending wave algorithm of February 24. Oncoming movements do not go beyond the correction. The unfinished section of the wave has been counting since October 19. Within its framework, the price has been rolling up since November 12.

Forecast:

In the next day, the general upward mood of the movement is expected to continue, until its complete completion in the area of the resistance zone. A change, of course, is likely not earlier than tomorrow.

Potential reversal zones

Resistance:

- 1.3490/1.3520

Support:

- 1.3410/1.3380

Recommendations:

Trading transactions in the pound market can be risky. It is optimal to refrain from entering the pair's market until the appearance of sell signals in the area of the calculated resistance.

AUD/USD

Analysis:

Since the end of August, the quotes of the main pair of the Australian dollar have been forming an upward wave. It precedes a new round of the dominant bullish trend on a weekly scale. In the structure of the wave, the middle part (B) is nearing completion.

Forecast:

Today, the pair's price is expected to move mainly in the lateral plane between the opposite zones. After a probable pullback to the resistance level in the afternoon, you can expect a reversal and a second attempt to pressure the support zone.

Potential reversal zones

Resistance:

- 0.7320/0.7350

Support:

- 0.7260/0.7230

Recommendations:

Trading on the Australian dollar market today is more risky and can be unprofitable. Short-term sales from the resistance zone with a fractional lot are possible.

Exchange Rates 17.11.2021 analysis

USD/CHF

Analysis:

The descending plane, which started in mid-June on the Swiss franc chart, continues its development. The upward segment from November 1 shifted the price of the instrument to the area of a strong potential reversal zone of a large TF.

Forecast:

On the next day, the completion of the upward course of the pair's movement is expected, a reversal and the beginning of the downward course of the price. The last phase of the movement is likely at the end of the day or tomorrow.

Potential reversal zones

Resistance:

- 0.9330/0.9360

Support:

- 0.9260/0.9230

Recommendations:

There are no conditions for purchases on the franc market today. It is recommended to refrain from entering the market of a major pair until clear signals appear in the sale in the area of the calculated resistance.

Exchange Rates 17.11.2021 analysis

USD/CAD

Analysis:

Within the framework of the downward plane that began on July 19 in the main pair of the Canadian dollar, quotes reached the resistance level of the weekly scale of the chart. The descending section from November 11 has a reversal potential and may be the beginning of the final part (C).

Forecast:

In the coming days, the price is expected to move between the nearest zones in the opposite direction. In the first half of the day, an upward vector is more likely. A change, of course, can be expected by the end of the day, or tomorrow.

Potential reversal zones

Resistance:

- 1.2600/1.2630

Support:

- 1.2520/1.2490

Recommendations:

Purchases in the Canadian dollar market today can lead to losses and are not recommended. The main attention is proposed to be paid to the search for signals for the sale of the pair in the area of the calculated resistance.

Exchange Rates 17.11.2021 analysis

Explanations: In the simplified wave analysis (UVA), waves consist of 3 parts (A-B-C). The last incomplete wave is analyzed. The solid background of the arrows shows the formed structure, and the dotted one shows the expected movements.

Attention: The wave algorithm does not take into account the duration of the movements of the instrument in time!

Isabel Clark
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




Teraz opúšťate stránku www.instaforex.eu, ktorá patrí spoločnosti INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off