FOREX:EURUSD Bears Targeting 1.12: Major Support and Resistance 12.11.2018

12.11.2018 / 13:15

Rating:

EURUSD: Bear momentum activate monthly bear candle "Marubozo".
* 3rd resistance:1.1416- zone from 21-DMA
* 2nd resistance: 1.1329- low 07.11.2018
* 1st resistance: 1.1364-zone from 13-DMA
* Spot: 1.1340
* 1st support: 1,1311-Oct low
* 2nd support: 1,1287- Mid Aug low
* 3rd support: 1,1259- lower deviation band

GBPUSD: Bulls couldn`t make it above 21-DMA ; the price targeting October lows.
* 3rd resistance: 1.3148 - high 08.11.2018
* 2nd resistance: 1,3108 -
* 1st resistance: 1.3037- 100-DMA
* Spot: 1.2997
* 1st support: 1.2926-zone from 13-DMA
* 2nd support: 1.2886-62% retracement from 30.10 -07.11. 2018 bulls rally
* 3rd support: 1,2815- 0pen/close 28-29.10.2018

USDJPY: Bulls eyed at year resistance at ~114-114.50.
* 3rd resistance: 114.47- Oct high
* 2nd resistance: 114.27-88,6% 88,6% Fibo retracment downtrend from 04-26.10.2018
* 1st resistance: 114.03- 78% Fibo retracment downtrend from 04-26.10.2018
* Spot: 113.80
* 1st support: 113.59- low 05.10.2018
* 2nd support: 113.39 high 31.10.2018
* 3rd support: 113.14-zone from 13-DMA

AUD/USD: The market couldn`t close above 100-DMA ;Focus stays at 55-DMA
* 3rd resistance: 0.7309- high 26.09.2018
* 2nd resistance: 0,7289- upper deviation band
* 1st resistance: 0.7258- 100-DMA
* Spot: 0.7238
* 1st support: 0.7202- open/close 27-28.09.2018
* 2nd support: 0,7187-open/close 13-14.2018
* 3rd support: 0.7156-zone from 13-DMA & 21-DMA

Trader Velizar Mitov

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FOREX:EURUSD Bears Targeting 1.12: Major Support and Resistance 12.11.2018

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