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Forex Daily Technical For Nov. 13, 2017

Published 2017-11-13, 03:46 a/m
EUR/USD
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GBP/USD
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USD/JPY
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AUD/USD
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1
GBP/USD Intraday: the downside prevails.

Pivot: 1.3175

Our preference: short positions below 1.3175 with targets at 1.3080 & 1.3040 in extension.

Alternative scenario: above 1.3175 look for further upside with 1.3230 & 1.3270 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:
1.3270 **
1.3230 **
1.3175 **
1.3130 Last
1.3080 ***
1.3040 **
1.3025 **
2
USD/JPY Intraday: turning down.

Pivot: 113.75

Our preference: short positions below 113.75 with targets at 113.20 & 113.05 in extension.

Alternative scenario: above 113.75 look for further upside with 114.05 & 114.30 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:
114.30 *
114.05 *
113.75 ***
113.45 Last
113.20 **
113.05 *
112.90 **
3
EUR/USD Intraday: the upside prevails.

Pivot: 1.1635

Our preference: long positions above 1.1635 with targets at 1.1680 & 1.1700 in extension.

Alternative scenario: below 1.1635 look for further downside with 1.1610 & 1.1580 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
1.1720 **
1.1700 **
1.1680 **
1.1655 Last
1.1635 ***
1.1610 *
1.1580 **
4
AUD/USD Intraday: consolidation.

Pivot: 0.7670

Our preference: short positions below 0.7670 with targets at 0.7635 & 0.7620 in extension.

Alternative scenario: above 0.7670 look for further upside with 0.7695 & 0.7710 as targets.

Comment: as long as the resistance at 0.7670 is not surpassed, the risk of the break below 0.7635 remains high.

Supports and resistances:
0.7710 *
0.7695 *
0.7670 **
0.7650 Last
0.7635 **
0.7620 *
0.7600 *
5
Crude Oil‏ (WTI)‏ (Z7) ST: further advance.

Pivot: 52.80

Our preference: long positions above 52.80 with targets at 59.45 & 62.00 in extension.

Alternative scenario: below 52.80 look for further downside with 50.00 & 47.50 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:
64.50 ***
62.00 **
59.45 **
56.79 Last
52.80 ***
50.00 **
47.50 ***
6
Gold spot Intraday: the downside prevails.

Pivot: 1282.00

Our preference: short positions below 1282.00 with targets at 1273.00 & 1270.00 in extension.

Alternative scenario: above 1282.00 look for further upside with 1285.50 & 1289.00 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:
1289.00
1285.50
1282.00
1276.10 Last
1273.00
1270.00
1266.00

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