Technical Analysis from www.Instaforex.com

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GBP/USD:




This week so far, the GBP/USD pair has gone down by 120 pips almost testing the accumulation territory at 1.5050. Since the selling pressure in the market still exists, there is a possibility that the accumulation territory would be breached to the downside. The weakness in the GBP is also visible on, some of GBP pairs performed even bigger movements.

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USD/JPY:





The USD/JPY pair has formed a kind of sell signal. There is a Bearish Confirmation Pattern in the chart as the price moves below the EMA 56 and the RSI period 14 moves below the level of 50. The demand level at 122.00 could be tested easily.

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EUR/JPY:






This cross still shows strong willingness to continue trending downwards in conjunction with the extant bias in the market. The Bearish Confirmation Pattern in the chart is very strong and the weakness in the market should continue as long as the euro is weak versus the yen.

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Technical analysis of USD/JPY for November 25, 2015 2015-11-25 0/5





USD/JPY is expected to trade with a bullish bias. The US stock indices managed to close higher overnight after logging losses earlier in the session, after reports said a Russian jet was downed by Turkey near the Syrian border. The Dow Jones Industrial Average edged up 0.1% to 17812, the S&P 500 gained 0.1% to 2089, and the Nasdaq Composite was broadly flat at 5102. Nymex crude oil surged 2.7% to $42.87 a barrel, and gold rebounded 0.6% to $1075 a troy ounce. Meanwhile, the benchmark 10-year Treasury yield settled at 2.243%, down from 2.250% in the previous session. Meanwhile, the U.S. government reported that 3Q GDP rose 2.1% on a seasonally adjusted annual basis, up from an initial estimate of 1.5%. However, the Conference Board's consumer confidence index slumped to 90.4 in November from 99.1 in October. The U.S. dollar gave back some of its recent gains, with EUR/USD edging up 0.1% to 1.0640, USD/JPY dropped 0.3% to 122.51, and AUD/USD rose 0.8% to 0.7253. On the other hand, GBP/USD lost 0.3% to 1.5083 as Bank of England Gov. Mark Carney commented that a low interest rate environment is likely to persist. The pair is maintaining its rebounding momentum. The bullish bias is maintained by the ascending 20- and 50-period moving averages. And the relative strength index, riding on a rising trend line, is well directed above the neutrality level at 50. The first upside target is set at 122.80 and the second one at 123.05. Trading recommendations: The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. As long as the price holds above its pivot point, long positions are recommended with the first target at 122.80 and the second target at 123.05. In the alternative scenario, short positions are recommended with the first target at 122 if the price moves below its pivot points. A break of this target is likely to push the pair further downwards, and one may expect the second target at 121.80. The pivot point is at 122.20. Resistance levels: 122.80 123.05 123.50 Support levels: 122 121.80 121.45 Performed by Ahsan Aslam, Analytical expert InstaForex Group © 2007-2015

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Technical analysis of USD/CHF for November 25, 2015 2015-11-25 0/5






USD/CHF is expected to trade in a higher range as Bias remains bullish. The pair is well supported by its rising 50-periodd moving average, and is posting further rebound. The intraday relative strength index is positively oriented. Further upside is therefore expected with the next horizontal resistance and overlap set at 1.0250 at first. A break above this level would call for a further advance towards 1.0280 in extension. Trading recommendations: The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. As long as the price holds above its pivot point, long positions are recommended with the first target at 1.0250 and the second target at 1.0280. In the alternative scenario, short positions are recommended with the first target at 1.0120 if the price moves below its pivot points. A break of this target is likely to push the pair further downwards, and one may expect the second target at 1.0090. The pivot point is at 1.0150. Resistance levels: 1.0250 1.0280 1.0315 Support levels: 1.0120 1.0090 1.0075 Performed by Ahsan Aslam, Analytical expert InstaForex Group © 2007-2015

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Technical analysis of NZD/USD for November 25, 2015 2015-11-25 0/5



NZD/USD is expect to reach 0.6605. The pair is trading above the rising 20- and 50-period moving averages, which are providing support and maintaining the bullish bias. The relative strength index is bullish and calls for further upside. As long as 0.6530 holds as the key support, the pair is likely to challenge its next resistance at 0.6605. A breakout above this level would call for a further advance toward 0.6640. Trading recommendations: The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. As long as the price holds above its pivot point, long positions are recommended with the first target at 0.6605 and the second target at 0.6640. In the alternative scenario, short positions are recommended with the first target at 0.6490 if the price moves below its pivot points. A break of this target is likely to push the pair further downwards, and one may expect the second target at 0.6460. The pivot point is at 0.6530. Resistance levels: 0.6605 0.6640 0.6675 Support levels: 0.6490 0.6460 0.6430 Performed by Ahsan Aslam, Analytical expert InstaForex Group © 2007-2015

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[BudakFx]

EUR/USD:





Based on the price action in the market, it is not currently rational to seek long trades here, though the market looks oversold. The support line at 1.0550 is the next target for bears, should the price moves further southwards. Because of a bank holiday in the US, there would not be any significant movement today.

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[BudakFx]

USD/CHF:




After testing the resistance level at 1.0200, this pair has succeeded in staying above it. The bullish bias is intact and it would hold out as long as the price is above the support level at 1.0150. Only a very strong selling pressure is needed to take the price below that support level, something that currently does not exist in the market.

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[BudakFx]

GBP/USD:




This week, the GBP/USD has gone down 120 pips so far, almost testing the accumulation territory at 1.5050. Since the selling pressure in the market still exists, there is a possibility that the accumulation territory would be breached to the downside, irrespective of the shallow upwards bounce in the market.

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[BudakFx]

USD/JPY:





The USD/JPY pair has formed a kind of a "sell" signal," There is a now a Bearish Confirmation Pattern on the chart as the price moves below the EMA 56 and the RSI period 14 moves below the level 50. The demand level at 122.00 could be tested easily.

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