Everyday analysis of USD/JPY for November 28, 2016 888011000 110888 Summary The USDJPY pair effectively touched the waited for target in our last report at 112.05 and broke this level strongly by today’s opening and settled below it now. Therefore the bearish wave is likely to be extended on the intraday and short-term basis, and the price is going to head towards 110.90 as the next main station. For that reason, we anticipate more bearish bias in the upcoming sessions unless the cost managed to breach and hold above 112.60 levels. A break of 110.90 levels will extend the bearish wave to 109.05 on the near-term basis. The anticipated trading variety for today is in between the 110.60 support and the 112.60 resistance. The product has been offered by InstaForex Company- www.instaforex.com

By | November 28, 2016

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Overview

The USDJPY pair successfully touched the awaited target in our last report at 112.05 and broke this level strongly by today’s opening and settled below it now. Thus the bearish wave is likely to be extended on the intraday and short-term basis, and the price is going to head towards 110.90 as the next main station. Therefore, we expect more bearish bias in the upcoming sessions unless the price managed to breach and hold above 112.60 levels. A break of 110.90 levels will extend the bearish wave to 109.05 on the near-term basis. The expected trading range for today is between the 110.60 support and the 112.60 resistance.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Everyday analysis of Gold for November 28, 2016 888011000 110888 Summary The gold price begins today with more positivity evaluating the small resistance 1,197.00, which represents the previously broken assistance line shown on the chart. A breach of this level will reinforce our expectations of bullish pattern extension in the upcoming sessions and will make the price head to our very first main target at 1,211.31. In basic, we still expect the bullish pattern on the intraday basis as long as the 1,172.68 level remains intact. A breach of the 1,211.31 level will press the price towards 1,249.94, while a break of 1,172.68 will press the price to 1,124.88 before any brand-new attempt to increase. The expected trading range for today is in between the 1,180.00 assistance and the 1,211.31 resistance. The product has been provided by InstaForex Business- www.instaforex.com

By | November 28, 2016

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Overview

The gold price starts this week with more positivity testing the minor resistance 1,197.00, which represents the previously broken support line shown on the chart. A breach of this level will reinforce our expectations of bullish trend continuation in the upcoming sessions and will make the price head towards our first main target at 1,211.31. In general, we still expect the bullish trend on the intraday basis as long as the 1,172.68 level remains intact. A breach of the 1,211.31 level will push the price towards 1,249.94, while a break of 1,172.68 will push the price to 1,124.88 before any new attempt to rise. The expected trading range for today is between the 1,180.00 support and the 1,211.31 resistance.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

<aEveryday analysis of Silver for November 28, 2016 888011000 110888 Summary The silver rate trades with clear positivity breaching 16.56 levels and closing the last four-hour candlestick above it. This stops the recently suggested negative scenario and makes the cost try to recover to target 17.43. The price efforts to regain the primary bullish trend after the correctional bearish pressure that controlled the current trades. The bullish bias is anticipated in the upcoming sessions conditioned by the rate stability above 16.56. A breach of 17.43 will extend the silver price gains to 18.30 as the next main station. The anticipated trading range for today is in between the 16.56 support and the 17.00 resistance. The product has been supplied by InstaForex Company- www.instaforex.com

By | November 28, 2016

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Overview

The silver price trades with clear positivity breaching 16.56 levels and closing the last four-hour candlestick above it. This stops the recently suggested negative scenario and makes the price try to recover to target 17.43. The price attempts to regain the main bullish trend after the correctional bearish pressure that dominated the recent trades. Therefore, the bullish bias is expected in the upcoming sessions conditioned by the price stability above 16.56. A breach of 17.43 will extend the silver price gains to 18.30 as the next main station. The expected trading range for today is between the 16.56 support and the 17.00 resistance.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

<aGold analysis for November 28, 2016 888011000 110888 Since our previous analysis, gold has been trading sideways at the cost fo$ 1,187.20. Utilizing the market profile analysis, I found a strong point of control at the price of $1,186.00. Anyway, I discovered the trading variety in between the price of$ 1,180.40(assistance )and the rate of $1,197.00(resistance). The short-term trend is downward however my advice is to expect a possible breakout of a trading variety to confirm an instructions. Thebreakout of resistance may verify additional screening of$1,212.00. The breakout of assistancemight validate potential testing of$1,173.00. Fibonacci pivot points: Resistance levels: R1: 1,186.55 R2: 1,187.60 R3: 1,189.35 Assistance levels: S1: 1,183.10 S2: 1,182.00 S3: 1,180.40 Trading suggestions fortoday: Watch for a possible breakout of a trading range to verify a further direction.The material has been provided by InstaForex Company- www.instaforex.com

By | November 28, 2016

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Since our previous analysis, gold has been trading sideways at the price fo $1,187.20. Using the market profile analysis, I found a strong point of control at the price of $1,186.00. Anyway, I found the trading range between the price of $1,180.40 (support) and the price of $1,197.00 (resistance). The short-term trend is downward but my advice is to watch for a potential breakout of a trading range to confirm a direction. The breakout of resistance may confirm further testing of $1,212.00. The breakout of support may confirm potential testing of $1,173.00.

Fibonacci pivot points:

Resistance levels:

R1: 1,186.55

R2: 1,187.60

R3: 1,189.35

Support levels:

S1: 1,183.10

S2: 1,182.00

S3: 1,180.40

Trading recommendations for today: Watch for a potential breakout of a trading range to confirm a further direction.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

EUR/NZD analysis for November 28, 2016 888011000 110888 Just recently, EUR/NZD has been moving downwards. As I expected, the cost checked the level of 1.4973 in a high volume. Utilizing the marketplace profile on the M30 amount of time, I discovered that rate went from balance to imbalance. Besides, the cost broke the swing low in the background, which is a sign of weakness. Watch for selling opportunities on the pullbacks. I positioned Fibonacci growth to discover prospective down target and got the growth 161.8%at thelevel of 1.4935. Anyway, if the cost rejects and begins moving up, point of controlfor today is set at the level of 1.5030. Fibonacci Pivot Points: Resistance levels R1: 1.5070 R2: 1.5090 R3: 1.5115 Assistance levels: S1: 1.5015 S2: 1.4995 S3 : 1.4965 Trading recommendations for today: expect a potential downward movement. The product has been provided by InstaForex Business- www.instaforex.com

By | November 28, 2016

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Recently, EUR/NZD has been moving downwards. As I expected, the price tested the level of 1.4973 in a high volume. Using the market profile on the M30 time frame, I found that price went from balance to imbalance. Besides, the price broke the swing low in the background, which is a sign of weakness. Watch for selling opportunities on the pullbacks. I placed Fibonacci expansion to find potential downward target and got the expansion 161.8% at the level of 1.4935. Anyway, if the price rejects and starts moving upward, point of control for today is set at the level of 1.5030.

Fibonacci Pivot Points:

Resistance levels

R1: 1.5070

R2: 1.5090

R3: 1.5115

Support levels:

S1: 1.5015

S2: 1.4995

S3: 1.4965

Trading recommendations for today: watch for a potential downward movement.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Elliott wave analysis of EUR/NZD for November 28, 2016 888011000 110888 Wave summary: Well, it will be a lie to state that this cross is exiting … EUR/NZD continues to trade listed below the minor resistance line, but we continue to try to find a firm break above here soon for a more significant rally to 1.5730 and above in the longer term. That said, we also require to accept that the danger remains to the drawback as long as this small resistance line is broken clearly, despite the fact that we see the possible disadvantage as minimal. Trading suggestion: We are long EUR from 1.5000 with stop put at 1,4950. If you are not long EUR yet, then buy a break above small resistance at 1.5095 and use the exact same stop at 1.4950. The product has actually been offered by InstaForex Business- www.instaforex.com

By | November 28, 2016

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Wave summary:

Well, it will be a lie to say that this cross is exiting… EUR/NZD continues to trade below the minor resistance line, but we continue to look for a firm break above here soon for a more substantial rally towards 1.5730 and above in the longer term.

That said, we also need to accept that the risk remains towards the downside as long as this minor resistance line is broken clearly, even though we see the potential downside as limited.

Trading recommendation:

We are long EUR from 1.5000 with stop placed at 1,4950. If you are not long EUR yet, then buy a break above minor resistance at 1.5095 and use the same stop at 1.4950.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

<aUSD/CAD intraday technical levels and trading suggestions for November 28, 2016 888011000 110888 On Might 16, a bullish pullback to 1.3000 (61.8%Fibonacci level)was expected to provide a valid signal to sell the USD/CAD pair. An absence of a substantial bearish rejection was manifested during recent consolidations.On Might 18, momentary bullish fixation above 1.3000 (61.8% Fibonacci level) opened the method towards the 1.3180 level wheresignificant bearish pressure was originated.Bearish determination below 1.3000-1.2970 (61.8% Fibonacci level) was required to enhance bearish momentum in the market.However, on August 18 signs of bullish recovery were manifestedaround the cost level of 1.2830 which led to the present bullish breakout above 1.3000. The USD/CAD pair was caught in between the price levels of 1.3000(61.8 %Fibonacci level)and 1.3360(50%Fibonacci level)till bullish breakout took place 3 weeks ago.Note that the USD/CAD set was challenging the ceiling of the portrayed flag pattern around 1.3360-1.3400 which failed to use enough bearish pressure on the pair.Bullish perseverance above 1.3360 will most likely liberate a fast bullish movement to 1.3650 unless the set concerns close below 1.3360 before completion of the current week.The material has actually been provided by InstaForex Business – www.instaforex.com

By | November 28, 2016

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On May 16, a bullish pullback towards 1.3000 (61.8% Fibonacci level) was expected to offer a valid signal to sell the USD/CAD pair. However, a lack of a significant bearish rejection was manifested during recent consolidations.

On May 18, temporary bullish fixation above 1.3000 (61.8% Fibonacci level) opened the way towards the 1.3180 level where significant bearish pressure was originated.

Bearish persistence below 1.3000-1.2970 (61.8% Fibonacci level) was needed to enhance bearish momentum in the market.

However, on August 18 signs of bullish recovery were manifested around the price level of 1.2830 which led to the current bullish breakout above 1.3000.

The USD/CAD pair was trapped between the price levels of 1.3000 (61.8% Fibonacci level) and 1.3360 (50% Fibonacci level) until bullish breakout took place three weeks ago.

Note that the USD/CAD pair was challenging the upper limit of the depicted flag pattern around 1.3360-1.3400 which failed to apply enough bearish pressure on the pair.

Bullish persistence above 1.3360 will probably liberate a quick bullish movement towards 1.3650 unless the pair comes to close below 1.3360 before the end of the current week.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

NZD/USD Intraday technical levels and trading suggestions for November 28, 2016 888011000 110888 As long as the NZD/USD pair continued trading above 0.6860, further bullish advance was anticipated towards the upper limit of the illustrated channel around 0.7400. During August and September, a combination variety was established from the cost level of 0.7250 up to 0.7350. Later on October 20, the lowerlimitation of the debt consolidation range( 0.7250 )stood as a short-lived resistance which started a bearish motion towards 0.7100(the lower limitof the depicted channel). Bullish recovery was revealed around the rate level of 0.7100 on October 28. A double-bottom pattern was revealed onthe chart.Bullish fixation above 0.7250 and 0.7350 was required to allow additional bullish advance to the forecasted target of the reversal pattern around 0.7450. However, substantial signs of a bearish reversal were revealed around the upper limit of the rate range (0.7350 ). The bearish breakdown of 0.7250( lower limitation of theillustrated variety)enhanced the bearish side of the market towards the price level of 0.7100(current bottom of October 28) which was broken as well.Bearish perseverance below 0.7100 enables fast bearish decrease to 0.6960 (BUY zone )where bullish rejection and a legitimate BUY entry was anticipated. S/L must be positioned listed below 0.6900. On the other hand, the current bullish pullback towards 0.7100 must be thought about for offeringthe NZD/USD set as it makes up a current resistance level to be considered. S/L needs to be placed above0.7150. The product has actually been supplied by InstaForex Business- www.instaforex.com

By | November 28, 2016

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As long as the NZD/USD pair continued trading above 0.6860, further bullish advance was expected towards the upper limit of the depicted channel around 0.7400.

During August and September, a consolidation range was established from the price level of 0.7250 up to 0.7350.

Later on October 20, the lower limit of the consolidation range (0.7250) stood as a temporary resistance which initiated a bearish movement towards 0.7100 (the lower limit of the depicted channel).

Bullish recovery was expressed around the price level of 0.7100 on October 28. Hence, a double-bottom pattern was expressed on the chart.

Bullish fixation above 0.7250 and 0.7350 was needed to allow further bullish advance towards the projected target of the reversal pattern around 0.7450.

However, significant signs of a bearish reversal were expressed around the upper limit of the price range (0.7350).

The bearish breakdown of 0.7250 (lower limit of the depicted range) enhanced the bearish side of the market towards the price level of 0.7100 (recent bottom of October 28) which was broken as well.

Bearish persistence below 0.7100 allows quick bearish decline towards 0.6960 (BUY zone) where bullish rejection and a valid BUY entry was expected. S/L should be placed below 0.6900.

On the other hand, the current bullish pullback towards 0.7100 should be considered for selling the NZD/USD pair as it constitutes a recent resistance level to be considered. S/L should be placed above 0.7150.

The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander