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Week 48 Forecast

These are some of my readings concerning this coming week


Lot's of charts show USD weakness unless this was formed due to Thanksgiving off days.


EURUSD Daily

We are on Fib area but it looks like we are heading for the 1.10 - details and exit on lower timeframes - bias is Long - needs to prove it.

Similar to EURUSD Long forecast goes for NZDUSD, AUDUSD, GBPUSD.


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EURAUD

Ranging on Fib Area - waiting for the Exit with Plutus


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GBPAUD Daily

We are having an abnormal SI on Daily chart but still forming. Pressure has to be released on way or the other. Bias is short but focus on lower timeframes for entry.


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Enjoy your week!



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