Forex Analysis

Weekend Forex Market Analysis for 11/17/2014

Hello, below is some advice on trading on the Forex market on 17.11.2014


USDSADDaili 120422014

Price USDCAD pair formed a bearish pattern absorption.But the pattern below support level of 1.13050 and the upward trend has not yet been broken.Therefore, it is not recommended to enter into transactions on the pattern.



On AUDUSD pair formed a price pattern is not quite correct Pin Bar.It seems that the downward movement of the trend is not necessary to wait and continue to rise to the level of 0.88387.The trend is still downward, so from the transactions I would recommend to abstain.


NZDOSDaili 12042014

on a pair NZDUSD price formed another Doji pattern.Which either have no bearing pattern.I will continue to rise to the level of 0.7982.The deal on the pattern recommended go gently.