Analysis 23rd Nov

Hey, I've recently relocated up the coast and have yet to set up a proper office so I didn't have time to update our weekly analysis last weekend.

Aussie/$

Intersection of a daily low and trend line at 0.6475 is our key area this week.

Europe/$

1.1575 is my preferred area with 1.1540 possibly generated corrective waves. The lows at 1.1470, which wasn't mentioned is also important.

Pound/$

1.3107 is an immediate area price could accumulate and distribute orders. However 1.3175 at the daily high and 78.6 fib is my preferred area.

$/Swiss

0.8100 whole number and weekly low, daily high close to an upper descending trend line is our key area for this week.

$/Canada

Complex situation with uncertainty ruling over our perceptions here. Multiple areas are noted, we're not confident with any of them. Watching price move in real time is the only way to determine what levels are real and what they mean. I cannot be more specific than that at this time.

$/Yen

Looking for a higher low. Whereever price stops we will look for bullish waveunits within the structure available. If there is none, there is none.

Good Trading.