Technical Analysis (XAUUSD)

The Forex trading technical analysis reveals that the price of gold (26th of November) was around 1807.0 USD/Ounce early today. Under 1-hour-chart technical analysis, the candlestick rebounded from the bottom as predicted yesterday (25th). It is currently fluctuating slightly after the low point after a pull back. It is likely to rise again after standing on the middle Bollinger Band.

Currently, the short-swing upper resistance level lies between 1822.0~1824.0. The current support level lies between 1798.0~1800.0. Investors who wish to go long could consider buying between 1808.0~1810.0 in the short-term and setting the stop loss below 1803.5.

Forex Trading Market Analysis for Gold
Forex Trading Market Analysis for Gold

Technical Analysis (EURUSD):

The price of EUR/USD (26th of November) was around 1.19142 early today. Under 1-hour-chart technical analysis, it went up again after a pullback as predicted yesterday (25th). The candlestick is currently lying between the middle and upper Bollinger Bands. The bands are facing upwards, so it is likely to rebound again after pulling back.

Currently, the short-swing upper resistance level lies between 1.19450~1.19550. The current support level lies between 1.19000~1.19100. Investors who wish to go long could consider buying between 1.19150~1.19200 in the short-term and setting the stop loss below 1.19030.

Forex Trading Technical Analysis for EURUSD
Forex Trading Technical Analysis for EURUSD

Technical Analysis (GBPUSD):

The price of GBP/USD (26th of November) was around 1.33808 early today. Under 1-hour-chart technical analysis, it declined sharply after reaching the resistance level as predicted yesterday (25th). The candlestick is currently lying between the middle and upper Bollinger Bands. The bands are facing upwards, so it is likely to rebound.

Currently, the short-swing upper resistance level lies between 1.34200~1.34300. The current support level lies between 1.33500~1.33600. Investors who wish to go long could consider buying between 1.33800~1.33900 in the short-term and setting the stop loss below 1.33700.

Forex Trading Technical Analysis for GBPUSD
Forex Trading Technical Analysis for GBPUSD

Technical Analysis (AUDUSD):

The price of AUD/USD (26th of November) was around 0.73618 early today. Under 1-hour-chart technical analysis, it surged again after a pullback yesterday (25th). The candlestick is currently lying above the middle Bollinger Band. The bands are facing upwards, so it is likely to continue rising.

Currently, the short-swing upper resistance level lies between 0.73800~0.73900. The current support level lies between 0.73400~0.73500. Investors who wish to go long could consider buying between 0.73620~0.73690 in the short-term and setting the stop loss below 0.73530.

Forex Trading Technical Analysis for AUDUSD
Forex Trading Technical Analysis for AUDUSD

Technical Analysis (USOUSD):

The price of USO/USD (26th of November) was around 45.58 this morning. Under 1-hour-chart technical analysis, it continued to rise as predicted yesterday (25th). The candlestick is currently lying between the middle and upper Bollinger Bands. The bands are facing upwards and expanding, so it is likely to rise again after a pullback.

Currently, the short-swing upper resistance level lies between 46.10~46.20. The current support level lies between 44.60~44.70. Investors who wish to go long could consider buying between 45.35~45.50 in the short-term and setting the stop loss below 45.05.

Forex Trading Technical Analysis for US Oil
Forex Trading Technical Analysis for US Oil

Technical Analysis (Nas100):

The NASDAQ (26th of November) was around 12181.5 this morning. Under 1-hour-chart technical analysis, it rose after a pullback yesterday (25th). The candlestick is showing a bullish sign, so it is likely to maintain the rise.

Currently, the short-swing upper resistance level lies between 12250.0~12260.0. The current support level lies between 12090.0~12100.0. Investors who wish to go long could consider selling between 12170.0~12190.0 in the short-term and setting the stop loss below 12130.0.

Forex Trading Market Analysis for NASDAQ
Forex Trading Market Analysis for NASDAQ

Economic Calendar (26th of November)

(Source: uk.investing.com)

 TimeCurrencyDataImportance
1.08:00EURGfk German Consumer Climate (Dec)★★

(Importance: maximum three stars ★★★)

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