EUR/USD -- Politically driven risk-off triggers dip to
ichimoku values zone at 1.1720-1.1708 where buyers assembled and
catapulted market higher
* 3rd resistance: 1.1877, ichimoku cloud top
* 2nd resistance: 1.1861, Nov. 15 high
* 1st resistance: 1.1822, Nov. 17 high
* Spot: 1.1797
* 1st support: 1.1720-1.1708, ichimoku lines
* 2nd support: 1.1690, Nov. 3 high
* 3rd support: 1.1662, Nov. 14 low
GBP/USD -- Bulls must ‘cleanly’ breakout and close above
1.3262 to open the risk of deeper gains in weeks ahead
* 3rd resistance: 1.3321, Nov. 1 high
* 2nd resistance: 1.3299, Nov. 2 high
* 1st resistance: 1.3260-62, Nov. 17 high, ichimoku cloud top
* Spot: 1.3261
* 1st support: 1.3170, Nov. 17 low
* 2nd support: 1.3131-24, Nov. 15 low, 100-DMA
* 3rd support: 1.3062, Nov. 13 low
USD/JPY -- Early November down-leg reaches important
equilibrium lines at 111.76-73 where strength may re-emerge;
lurking just below is the upper end of a rising cloud and the
Oct. lows at 111.65; RSI hits sub 30 in a rising underlying
market providing attractive valuations
* 3rd resistance: 113.14, Nov. 17 high
* 2nd resistance: 112.74, Nov. 16 low
* 1st resistance: 112.48, Nov. 15 low
* Spot: 112.15
* 1st support: 111.76-73, 200-, 100-DMA’s
* 2nd support: 111.65, ichimoku cloud top, Oct. 16 low
* 3rd support: 111.48, Sept. 25 low
AUD/USD -- Inching toward medium-term Fibonacci support at
0.7517; currently finding stability near its 100-week MA at
0.7545
* 3rd resistance: 0.7650-54, Nov. 9, 10 low
* 2nd resistance: 0.7633, Nov. 15 high
* 1st resistance: 0.7610, Nov. 14 low
* Spot: 0.7570
* 1st support: 0.7542-36, 100-week MA, Nov. 17 low
* 2nd support: 0.7517, 76.4% Fibonacci of May-Sept. rise
* 3rd support: 0.7500, June 7 low
Source: Bloomberg Pro Terminal
Trader: Velizar Mitov
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