Dear colleagues.
For the EUR / USD pair, the price forms the potential for a downward movement from November 27. The level of 1.1817 is the key resistance. For the GBP / USD pair, we have expanded the potential for the upward structure from November 28 to 1.3658. For the USD / CHF pair, the price is in correction. The continuation of the downward movement is possible after the breakdown of 0.9800. For the USD / JPY pair, the price forms the potential for the top of November 27. For the EUR / JPY pair, the continuation of the upward movement is expected after the breakdown of 133.35. For the GBP / JPY pair, we follow the upward structure of November 28.
Forecast for November 30:
Analytical review of currency pairs in the scale of H1:
For the EUR / USD pair, the key levels on the scale of H1 are: 1.2060, 1.2007, 1.1981, 1.1929, 1.1896, 1.1871, 1.1817, 1.1776, 1.1742 and 1.1720. Here, we continue to follow the downward structure of November 27. The continued development of this structure is expected after the breakdown of 1.1817. In this case, the target is 1.1776. Near this level is the consolidation of the price. The potential value for the bottom is the level of 1.1720, upon reaching which we expect a departure towards correction.
Short-term upward movement is possible in the area of 1.1871-1.1896. The breakdown of the latter value will lead to in-depth movement. Here, the target is 1.1929. This level is the key resistance for the upward structure.
The main trend is the formation of the downward potential of November 27.
Trading recommendations:
Buy: 1.1871 Take profit: 1.1894
Buy: 1.1897 Take profit: 1.1926
Sell: 1.1815 Take profit: 1.1780
Sell: 1.1773 Take profit: 1.1742
For the GBP / USD pair, the key levels on the scale of H1 are: 1.3658, 1.3621, 1.3555, 1.3511, 1.3426,1.3387 and 1.3325. Here, the continuation of the upward movement is expected after the breakdown of 1.3511. In this case, the target is 1.3555. In the area of 1.3555 - 1.3511 is the consolidation of the price. The break at the level of 1.3557 should be accompanied by a pronounced upward movement. The target here is 1.3621. In the range of 1.3621 - 1.3658 is the consolidation of the price.
Short-term downward movement is possible in the area of 1.3426 - 1.3387. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.3325. This level is the key support for the top. Its breakdown will allow us to count on the movement towards the first target of 1.3218.
The main trend is a local upward structure from November 28.
Trading recommendations:
Buy: 1.3511 Take profit: 1.3553
Buy: 1.3557 Take profit: 1.3620
Sell: 1.3424 Take profit: 1.3390
Sell: 1.3385 Take profit: 1.3327
For the USD / CHF pair, the key levels on the scale of H1 are: 0.9915, 0.9880, 0.9849, 0.9832, 0.9802, 0.9759, 0.9735 and 0.9678. Here, we continue to follow the downward structure from November 1. At the moment, the price is in correction. Continued downward movement is expected after the breakdown of 0.9800. In this case, the target is 0.9759. In the area of 0.9759 - 0.9735 is the consolidation of the price. The potential value for the bottom is the level of 0.9678, from which we expect a rollback to the top.
Short-term upward movement is possible in the area of 0.9832 - 0.9849. The breakdown of the last value will lead to an in-depth movement into the correction. Here, the target is 0.9880. The level of 0.9915 is still considered as a potential for the top. Before reaching this level, we expect the initial conditions for an upward cycle to be formalized.
The main trend is the downward structure from November 1, the correction stage.
Trading recommendations:
Buy: 0.9850 Take profit: 0.9880
Buy: 0.9882 Take profit: 0.9915
Sell: 0.9800 Take profit: 0.9765
Sell: 0.9755 Take profit: 0.9735
For the USD / JPY pair, the key levels on a scale are: 114.01, 113.49, 113.14, 112.63, 112.22, 111.66, 111.41, 111.10 and 110.80. Here, the price forms the potential for the top of November 27. Continued development of the upward structure is expected after the breakdown of 112.22. In this case, the target is 112.60. Near this level is the consolidation of the price. A break at the level of 112.65 should be accompanied by a pronounced upward movement. Here, the target is 113.14. In the area of 113.14 - 113.49 is the consolidation of the price. The potential value for the top is the level of 114.01, from which we expect a rollback to correction.
Short-term downward movement is possible in the area of 111.66 - 111.41. The breakdown of the last value will lead to in-depth movement. Here, the target is 111.10.
The main trend is the formation of the upward structure of November 27.
Trading recommendations:
Buy: 112.22 Take profit: 112.60
Buy: 112.66 Take profit: 113.12
Sell: 111.65 Take profit: 111.43
Sell: 111.39 Take profit: 111.12
For the CAD / USD pair, the key H1 scale levels are: 1.2968, 1.2923, 1.2901, 1.2871, 1.2833, 1.2808, 1.2774 and 1.2731. Here, the continuation of the upward movement is expected after the breakdown of 1.2871. In this case, the target is 1.2901. In the area of 1.2901 - 1.2923 is the consolidation of the price. The potential value for the top is the level of 1.2968, upon reaching which we expect a pullback downwards.
Short-term downward movement is possible in the area of 1.2833 - 1.2808. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.2776. This level is the key support for the top.
The main trend is the upward structure of November 23.
Trading recommendations:
Buy: 1.2871 Take profit: 1.2900
Buy: 1.2925 Take profit: 1.2966
Sell: 1.2830 Take profit: 1.2810
Sell: 1.2806 Take profit: 1.2780
For the AUD / USD pair, the key levels on the scale of H1 are: 0.7647, 0.7620, 0.7595, 0.7541, 0.7512, 0.7472 and 0.7449. Here, we follow the formation of a downward structure from November 27. Continued downward movement is expected after the breakdown of 0.7540. Here, the target is 0.7512. Near this level is the consolidation of the price. The breakdown at the level of 0.7510 should be accompanied by a pronounced downward movement. Here, the target is 0.7472. The potential value for the bottom is the level of 0.7449, upon the reaching which, we expect the consolidation of the price.
Short-term upward movement is possible in the area of 0.7595 - 0.7620. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.7647. This level is the key support for the downward structure.
The main trend is the formation of a downward structure from November 27.
Trading recommendations:
Buy: 0.7595 Take profit: 0.7620
Buy: 0.7622 Take profit: 0.7645
Sell: 0.7540 Take profit: 0.7515
Sell: 0.7510 Take profit: 0.7475
For the of EUR / JPY, the key levels on the scale of H1 are: 135.29, 134.75, 134.01, 133.35, 132.47, 131.98 and 131.19. Here, we continue to follow the upward structure of November 23. Continued upward movement is expected after the breakdown of 133.35. Here, the target is 134.00. Near this level is the consolidation of the price. The breakdown of 134.03 should be accompanied by a pronounced upward movement. Here, the target is 134.75. The potential value for the top is the level of 135.29, upon reaching which we expect a departure towards correction.
Consolidated movement is possible in the area of 132.47 - 131.98. The breakdown of the latter value will lead to the development of the downward structure. Here, the target is 131.19. This level is the key resistance for the subsequent development of the downward trend.
The main trend is the formation of an upward potential from November 23, the correction stage.
Trading recommendations:
Buy: 133.35 Take profit: 134.00
Buy: 134.05 Take profit: 134.75
Sell: Take profit:
Sell: 131.95 Take profit: 131.25
For the GBP / JPY pair, the key levels on the scale of H1 are: 153.02, 152.49, 151.68, 151.05, 150.14, 149.81, 149.27 and 148.41. Here, we follow the development of the upward structure of November 28. Continued upward movement is expected after the breakdown at 151.05. Here, the target is 151.68. Near this level is the consolidation of the price. The break at the level of 151.70 should be accompanied by a pronounced upward movement. In this case, the target is 152.49. The potential value for the top is the level 153.02, from which we expect a pullback downwards.
Short-term downward movement is possible in the area of 150.14 - 149.81. The breakdown of the last value will lead to in-depth correction. Here, the target is 149.27. This level is the key support for the top. Passing the price will lead to a downward structure from 148.45.
The main trend is the upward cycle of November 28.
Trading recommendations:
Buy: 151.05 Take profit: 151.65
Buy: 151.73 Take profit: 152.45
Sell: 149.80 Take profit: 149.40
Sell: 149.25 Take profit: 148.50
