Proposal for the week of Nov 21 - 25
GBP/USD : - KIV,..maybe play of the week
Strong support at 1.54 (weekly chart), daily resistent at 1.597.
Possible short play at 4Hr chart..
Short 1.57552
SL (2) 1.58642
TP (1) 1.56915
TP (2) 1.56251
Gold : Do nothing
Price standing at SMA 34 , 1708. Action only if that line is breach. Meantime, DO NOTHING on GOLD
Silver : Do nothing
Price at no man zone....up./down move uncertain. Better to wait for clearer picture.
AUD/NZD - Do Nothing
Possible start of downtrend. Do nothing now,.. observe
AUS/USD - Do Nothing till 0.96
Downtrend. Review again when price fall to 0.96 - observe
EUR/USD - Do Nothing till 1.29
Sighted H/S on weekly chart. Support at 1.3187. If support broken , next support = 1.29.
Do nothing until price reaches 1.29. Then possible buy long into technical rebound.
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