November 14th Long-Term Charts

FX Strategy Video > Currency Pairs Analysis

EUR/USD formed a Hammer by the end of the week, with many traders celebrating some of the successes coming out of the EU in reference to resolving the debt issues there. The pair does look to have a limited upside though.

USD/CAD formed a shooting star for the week, but is sitting just above the parity level - an area that has been very supportive as of late. Again - limited moves more than likely, especially with oil getting so close to $100.

AUD/USD looks very much like EUR/USD.

Our prognosis? Choppy news driven trading for the week. Again.

Published on 11th of November 2011
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