Daily analysis 13 November
Publish Date : 2019/11/13 - 06:56

Daily analysis

Daily news: today we have CPI, PPI on lodon time, CPI on new York time and Fed Chair Powell Testifies and RBNZ Gov Orr Speech on the economic calendar.

XAUUSD: gold prices fell down to 1446 yesterday and then started to rise from there,today it may reach target at 1468 area.

EURUSD: the pair now is struggling 1.1020 support area. We may have a correction toward 1.1050 and bears may take the upper hand there.

GBPUSD: the pair reached target at 1.2870 which we emphasized yesterday. Today it may move toward 1.2900.

USDCHF: the pair reached target at 0.9930 area according to our yesterday’s analysis. It may fall further down to 0.9870.

USDJPY: the pair is still struggling around 109.20 and then it may fall below the area. Trading on the pair is not recommended for now.

USDCAD: the pair reached target at 1.3240 area according to our yesterday’s analysis. It may rise further up to 1.3275 today.

AUDUSD: the pair reached target at 0.6842 as expected. It may rebound to 0.6873.

NZDUSD: the pair started to rise before getting into a correction according to the news related to NZD. It may continue the rise up to 0.6450 area.

Crude oil: oil prices seems not to fall less than 56 as Aramco is preparing to supply Oil again.

Dow jones: it may fall down to 27520 area.

Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. Navasangold, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

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