This week, there will be no central bank rate decisions, only US Prem GDP (25th Nov, Tuesday) and OPEC meeting (27th Nov, Thursday).
Yesterday EU rose from W Pivot 1.2454 to W R1 1.2533 and was rejected off W R1. Might fall from resistance played out. No bias. Might bounce from support.
Daily - Previous day candle formed a white candle, above 8 lwma, RSI above 50.
H4 - Higher high, higher low, above 8 lwma, RSI above 50, above signal. W S1 1.2308, W P 1.2454, W R1 1.2533.
Yesterday GU broke W R1 1.5729 and rose to the high of W R2 1.5806 before closing near the high. Bias up played out. Buy on dips.
Daily - Previous day candle closed with a big white candle, above 8 lwma, RSI above 50.
H4 - Higher high, Higher low, above 8 lwma, above signal, RSI above 70. W R1 1.5729, W R2 1.5806, W R3 1.5876.




No comments:
Post a Comment