Weekly pivot points in Forex

Currency	Support 2	Support 1	Pivot	Resist 1	Resist 2
EUR/USD	1.4444	1.4521	1.4670	1.4726	1.4753
GBP/USD	2.0243	2.0354	2.0545	2.0618	2.0846
USD/JPY	108.99	109.13	110.95	111.76	112.88
AUD/USD	0.8754	0.8818	0.8970	0.9017	0.9073

Forex Fundamentals - news today

Should be a reasonably quiet day. No major news announcements.

8:30 am EST Foreign Securities Purchases (CAD)
8:30 am EST Wholesale Sales m/m (CAD)
1:00 pm EST NAHB Housing Market Index (USD)

Technical overview on currency pairs in Forex

EUR-USD => Expect further downside moves towards 1.4596 / 1.4544. Resistance at 1.4690 should hold all upside pullbacks. Breaking above 1.4705 is in favor of buyers.

GBP-USD => Support levels - 2.0438 and 2.0469. Pair should rally further to 2.0584 or even 2.0647. S/L slightly below 2.0406.

USD-CHF => Watching resistance at 1.1220. If holds we should see further sell off to 1.1112. S/L slightly above 1.1240.

USD-JPY => Looking for price to move up to 111.13 - 111.58 with a following slow descending towards 110.03.

EUR-JPY => Current bias is towards additional dips wit a target at 160.89 / 159.28. Resistance at 163.81 should hold all upwards corrections. Breaking above 164.285 sets a bullish mode.

EUR-GBP => Resistance levels - 0.7137 and 0.7148. Gradual fall down towards 0.7126 or even 0.7114 is expected. Rising above 0.7160 will postpone that fall.

EUR-CHF => Looking for possible entries at 1.6373 and 1.6357 with a first target at 1.6426. Breaking below 1.6319 will cancel upward prospectives.

AUD-USD => We may see another attempt to reach 0.8930 with a following slow descending to 0.8844.

USD-CAD => Preferred direction is for a rise from 0.9722 / 0.9666 to 0.9813 / 0.9848. Later a pullback towards 0.9595 may be seen.

Have a profitable week in Forex!

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Forex Fundamentals today

9:00 am EST TIC Net Long-Term Transactions (USD)
9:15 am EST Industrial Production m/m (USD)
9:15 am EST Capacity Utilization Rate (USD)

Forex technicals today

EUR-USD => Resistance at 1.4612 - 1.4640 zone should provide conditions to further fall towards 1.4577. Breaking above 1.4676 sets a buyers mode.

GBP-USD => Support levels 2.0435 and 2.0295 are at focus to hold a pullback, and later allow a move up towards 2.0574.

USD-CHF => Support levels at 1.1198 is currently at focus and will most likely be broken with price progressing further towards 1.1169. Resistance levels are clustered at 1.1226 - 1.1244 zone. Rising above 1.1258 will switch a play to buyers’ tunes.

USD-JPY => While 110.73 - 110.99 offers resistance we may see further fall towards 109.78. Later a correction to 110.99 / 111.25 may take place.

EUR-JPY => While 162.00 - 162.48 offers resistance we may see further downside development towards 160.22. A correction later towards 162.48 / 162.95 should be seen.

EUR-GBP => Preferred outlook is for one more attempt towards 0.7122 / 0.7100 while price retains below 0.7156 - 0.7167. S/L is slightly above 0.7190.

EUR-CHF => Expecting a move up towards 1.6457 / 1.6509. In case 1.6379 - 1.6348 area gets broken, we could see a strong break down instead of expected move up earlier.

AUD-USD => Price can fall towards 0.8800 having resistance at 0.8909 - 0.8937 intact. A correction upwards to 0.8937 / 0.8965 is anticipated later.

USD-CAD => 0.9859 / 0.9944 will stop current uptrend and settle a pullback to 0.9774 - 0.9730.

Healthy profits in Forex everyone!

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Forex signals for Thursday November 15th

EUR-USD => Support at 1.4592 will most likely be tested and if holds price will move higher towards 1.4716, if fails we will see a fall towards 1.4535.

GBP-USD => Resistance at 2.0624 and 2.0684 should hold price down and allow a fall to 2.0404 / 2.0284. Later we may see some consolidation and correction.

USD-CHF => A test of 1.1270 is expected followed by a fall to 1.1187 or even 1.1132.

USD-JPY => While below 111.54 - 111.79 expect additional sell towards 110.80 / 110.29. S/L slightly above 112.27.

EUR-JPY => While below 163.70 - 164.33 we could see one more dip to 161.86 / 160.61. S/L slightly above 165.55.

EUR-GBP => Further rally is expected targeting 0.7148 / 0.7210, presuming that support at 0.7108 holds. A correction later towards 0.7108 - 0.7090 is expected.

EUR-CHF => 1.6466 / 1.6494 will put current up move to an end. Falling price will aim at 1.6440 / 1.6412. Rising above 1.6520 will call bulls to play.

AUD-USD => 0.9031 / 0.9111 levels are to be watched for a test. Support level 0.8837. S/L should be placed slightly below 0.8867.

USD-CAD => Expecting a test of 0.9830 with further sell off to 0.9565 or even to 0.9458.

Happy Forex trades!

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Fundamentals - news in Forex today

4:30 am EST Average Earnings Index +Bonus q/y (GBP)
4:30 am EST Claimant Count Change (GBP)
6:30 am EST BOE Inflation Report (GBP)
8:30 am EST Producers’ Price Index (USD)
8:30 am EST Retail Sales, Core retail sales (USD)
6:45pm EST Retail Sales (NZD)

Forex technical overview

EUR-USD => One more jump up is possible towards 1.4618, later we should be in a selling mood towards 1.4537.

GBP-USD => Main support at 2.0564 should be tested before moving higher towards 2.0806 / 2.0903.

USD-CHF => Aiming at 1.1307. Support at 1.1267 - 1.1252 area should hold all pullbacks.

USD-JPY => While 110.37 / 110.06 support is strong we should see tests higher to 111.51. S/L slightly below 109.75.

EUR-JPY => Aiming at 163.14. Support levels - 160.34 and 160.93. Breaking below 159.74 will set sellers mode.

EUR-GBP => From 0.7045 / 0.7034 expect a possible move up towards 0.7065 / 0.7074. Later possible sell off to 0.7016.

EUR-CHF => Aiming at 1.6494. Support levels are 1.6429 and 1.6442. Breaking below 1.6415 will set sellers mode.

AUD-USD => We should see an attempt to 0.9130 with the following pullback to 0.8815.

USD-CAD => Expect rising towards 0.9657 or even 0.9702. Later a correction towards 0.9411 may take place.

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