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Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

Summary:
USD/CHF The USDCHF pair fluctuates around 0.9800 level, accompanied by stochastic reach to the overbought areas now, while the EMA50 keeps pushing negatively on the price and protects trading inside the bearish channel that appears on chart. Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, and breaking 0.9800 will confirm opening the way to head towards 0.9730 direct, while the expected decline will remain valid unless breaching 0.9892 and holding with a daily close above it. Expected trading range for today is between 0.9730 support and 0.9865 resistance.   USD/CHF, November 28(see more posts on USD/CHF, ) Source: economies.com - Click to enlarge USD/JPY

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USD/CHF

The USDCHF pair fluctuates around 0.9800 level, accompanied by stochastic reach to the overbought areas now, while the EMA50 keeps pushing negatively on the price and protects trading inside the bearish channel that appears on chart.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, and breaking 0.9800 will confirm opening the way to head towards 0.9730 direct, while the expected decline will remain valid unless breaching 0.9892 and holding with a daily close above it.

Expected trading range for today is between 0.9730 support and 0.9865 resistance.

 

USD/CHF, November 28

(see more posts on USD/CHF, )
Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

Source: economies.com - Click to enlarge

USD/JPY

USD/JPY with Technical Indicators, November 28

(see more posts on USD/JPY, )
Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

- Click to enlarge

EUR/USD

EUR/USD with Technical Indicators, November 28

(see more posts on EUR/USD, )
Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

- Click to enlarge

GBP/USD

GBP/USD with Technical Indicators, November 28

(see more posts on GBP/USD, )
Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

- Click to enlarge

GBP/JPY

 

GBP/JPY with Technical Indicators, November 28

Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

- Click to enlarge


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Raffi Boyadjian
Finance and Investing. Michigan State football and basketball. Tigers, Lions (sometimes), Pistons, Wings.

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