In this thread, I will be giving technical views on some of the pairs I find interesting. I will begin with EUR/USD:
EUR/USD for 13th November 2015
From Monday till now, this pair has been consolidating, though things are still bearish. When momentum returns to the market, it would most probably favor bears. The EMA 11 is below the EMA 56 and the Williams' % Range period 20 is not far from the oversold region. This shows a Bearish Confirmation Pattern in the chart.
EUR/USD for 13th November 2015
From Monday till now, this pair has been consolidating, though things are still bearish. When momentum returns to the market, it would most probably favor bears. The EMA 11 is below the EMA 56 and the Williams' % Range period 20 is not far from the oversold region. This shows a Bearish Confirmation Pattern in the chart.
Daily Technical analysis by FF
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