GBP/USD. I highlighted the 1.2500 key resistance level. I’ll buy after its breakthrough and take profit at 1.2530, 1.2550 and 1.2575 levels with the use of trailing stop.
The United States celebrate Thanksgiving today. Strong movements should be expected. I plan to look for entry points to open short-term speculative positions. GBP/USD The cable held the "mirror"support level 1.2345 yesterday. I’ll buy after the breakthrough and retest of the 1.2435 local resistance. Potential movement - to 1.2460.
I plan to look for an entry point with the current downward trend on AUD/USD . I will sell after breakthrough and fixing of prices below 0.7370. Potential movement - to 0.7340.
USD/CAD has kept 1.3440-1.3455 demand zone. I plan to buy after the breakthrough and retest of the 1.3490 local resistance level. Confirmation and the entry point into the market should be found at M5 and M15 timeframes. Potential movement - to 1.3515.
The New Zealand dollar is trading near the 0.7035 local resistance at the moment. If the price keeps this level and an additional confirmation will be formed on the lower timeframes, I’ll sell NZD/USD. Potential movement - to 0.7005.
A correction against major currencies on the US dollar is expected. I plan to open positions from the key support and resistance levels. I’m going to buy EUR/USD after the breakthrough and retest of the 1.0670 local resistance level. Potential movement - to 1.0700
The yen significantly grown in the price (over 125 pips) during the Asian session. I’ll look for an entry point into the market for opening short positions. I will sell after overcoming and fixing of prices below 111.65. Potential movement - to 111.10
I expect the correction on USD/JPY. The currency is trading near the 112.80 resistance level at the moment. I’ll sell USD/JPY in case if the price will keep this level and there will be formed some additional confirmations on the lower timeframes. Potential movement - to 112.15.
Technical picture on the USD/CAD currency pair indicates the development of a downward trend. I plan to sell after the breakthrough and retest of the 1.3420 support level. Potential movement - to 1.3395.
EUR/USD kept the 1.0565-1.0575 demand zone yesterday. Euro has got stronger by more than 40 pips during today's Asian session. If the price consolidates above the 1.0630 resistance level, I will buy EUR/USD. Potential movement - to 1.0665.