We will be taking a quick look at new Forex market sessions on this page on a daily basis.
This will be achievable with a quick scan of the price charts with more emphasis on what may likely happen in the Asian session.
However, the following forecasts will be made with the use on custom indicators.
Basically, as readers, you are advised to follow the forecast in line with your strategy.
We have some interesting analysis on some pairs with possibilities that may be of benefit to you.
NZDUSD price currently at 0.70815
This pair price is currently forming a top on 1 hour time frame.
Technically, resistance is seen at 07113 area.
Supports are at 0.70600 and 0.70500 respectively.
AUDUSD:
AUDUSD price currently at 0.7524
This pair price is currently forming a top on 1 hour time frame.
Technically, resistance is seen at 07570 area.
Supports are at 0.7500 and 0.74700 respectively.
EURGBP:
GBPCAD:
11-12-2020 Opening-Session:
NAS 100:
AFTER
EURCAD
AUDNZD
GBPUSD
10-12-2020 Opening-Session:
USDJPY:
09-12-2020 Opening-Session:
NZDCAD:
08-12-2020 Opening-Session:
USDCAD:
EURGBP
GBPAUD
07-12-2020 Opening-Session:
XAUUSD:
XAUUSD, 5th Dec 2020: Resistance (1848) Supports (1828 and 1817)
GBPUSD, 5th Dec 2020: Resistances (1.3495 and 1.3540) Supports (1.3386 and 1.3350)
EURUSD, 5th Dec 2020: Resistances (1.2150 and 1.2178) Supports (1.20850 and 1.20500)
USDCHF, 5th Dec 2020: Resistances (0.89466 and 0.89910) Support (0.88872)
AUDUSD, 5th Dec 2020: Resistance (0.74489) Support (0.74061)
EURJPY, 5th Dec 2020: Resistances (126.476 and 126.665) Supports (125.775 and 125.496)
04-12-2020 Opening-Session:
CHFJPY:
03-12-2020 Opening-Session:
EURAUD:
XAUUSD:
02-12-2020 Opening-Session:
AUDCHF:
30-11-2020 Opening-Session:
26-11-2020 Closing-Session:
AFTER
26-11-2020 Mid-Session:
USOIL:
1HR TIME FRAME:
AFTER
Start of 25-11-2020 Session:
USDJPY:
1HR TIME FRAME:
Start of 24-11-2020 Session:
GBPCAD:
1HR TIME FRAME:
AFTER
Start of 23-11-2020 Session:
NZDUSD:
1HR TIME FRAME:
NZDUSD price currently at 0.69268
This pair price is currently forming a double top pattern on 1 hour time frame.
Technically, resistance is seen at 0.6950 area.
Supports are at 0.69077 and 0.68815 respectively.
Start of 20-11-2020 Session:
XAUUSD:
1HR TIME FRAME:
Start of 19-11-2020 Session:
GBPUSD:
1HR TIME FRAME:
GBPUSD:
1HR TIME FRAME:
GBPUSD price currently at 1.3269
This pair price is currently forming a double top pattern on 1 hour time frame.
Technically, resistance is seen at 1.33123 area.
Supports are at 1.3232 and 1.3184 respectively.
USOIL:
1HR TIME FRAME:
USOIL price currently at 41.83
This pair price is currently forming a double top pattern on 1 hour time frame.
Technically, resistance is seen at 42.61 area.
Supports are at 41.40 and 41.15 respectively.
Start of 16-11-2020 Session:
USDCAD:
1HR TIME FRAME:
USDCAD price currently at 1.31251
This pair price is currently ranging in a double top pattern on 1 hour time frame.
Technically, resistance is seen at 1.31750 area.
Supports are at 1.30800 and 1.30208 respectively.
Start of 13-11-2020 Session:
NZDCAD:
1HR TIME FRAME:
Start of 12-11-2020 Session:
NAS 100:
1HR TIME FRAME:
NAS 100 price currently at 11900
This pair price is currently jumping from lows on 1 hour time frame.
Technically, resistance is seen at 12076 area.
Supports are at 11700 and 11500 respectively.
USOIL:
1HR TIME FRAME:
USOIL price currently at 41.63
This pair price is currently ranging on the 1 hour time frame and Head and Shoulder pattern is possibly forming.
Technically, resistances are seen at 42.44 and 43.10 area.
Supports are at 41.00 and 39.60.
GBPCHF:
1HR TIME FRAME:
GBPCHF price currently at 1.2116
This pair price is currently ranging on the 1 hour time frame and Head and Shoulder pattern is possibly forming.
Technically, resistances are seen at 1.2155 and 1.2195 area.
Supports are at 1.205 and 1.1960 .
GBPJPY:
1HR TIME FRAME:
GBPJPY price currently at 139.367
This pair price is currently ranging on the 1 hour time frame. Head and Shoulder pattern is possibly forming currently.
Technically, immediate resistance is seen at 140.200 area.
Supports are at 138.47 and 137.410 .
AFTER
Start of 11-11-2020 Session:
XAUUSD:
1HR TIME FRAME:
XAUUSD price currently at 1.5401
This pair price is currently attempting jump up on the 1 hour time frame.
Technically, immediate resistance is seen at 1894 area. Other layers of resistances are at 1907, 1920 and 1938.
A break of the supports at 1866 and 1855 will create room for further slide.
EURCAD:
1HR TIME FRAME:
EURCAD price currently at 1.5401
This pair price is currently attempting jump up on the 1 hour time frame.
Technically, immediate resistance is seen at 1.5450 area. Much stronger resistance is at 1.5510.
A break of the supports at 1.5345 and 1.5300 will create a room for more slide.
Start of 10-11-2020 Session:
USDCAD:
1HR TIME FRAME:
USDCAD price currently at 1.30060
This pair price is currently attempting to break the descending trendline on the 1 hour time frame.
Technically, immediate supports are seen at 1.3066 and 1.3158.
AUDUSD:
1HR TIME FRAME:
AUDUSD price currently at 0.7267
This pair price is currently ranging on the 1 hour time frame.
Technically, immediate supports are seen at 0.723 and 0.7180.
CHFJPY:
1HR TIME FRAME:
CHFJPY price currently at 115.260
This pair price is currently sliding on the 1 hour time frame.
Technically, immediate support is seen at 114.685.
Start of 09-11-2020 Session:
AUDCAD:
1HR TIME FRAME:
AUDCAD price currently at 0.94890
This pair price is currently ranging on the 1 hour time frame.
We expect that the current price range may come to an end soon and price may slide to the downside.
Technically, immediate supports is seen at 0.9465 while a more stronger supports are at 0.9433 and 0.9387.
AFTER
AUDNZD:
1HR TIME FRAME:
AUDNZD price currently at 1.07283
This pair price is currently forming Head and Shoulder pattern on the 1 hour time frame.
We expect that the current price range may come to an end soon and price may slide to the downside.
Technically, immediate support is seen at 1.06750
AFTER
NAS 100:
1HR TIME FRAME:
AFTER
Start of 06-11-2020 Session:
USOIL:
1HR TIME FRAME:
USOIL price currently at 38.61
This pair price is currently ranging on the 1 hour time frame.
We expect that the current price range may come to an end soon and price may slide to the downside.
Technically, immediate support is seen at 37.39 while a more stronger support is at 36.00.
GBPJPY:
1HR TIME FRAME:
GBPJPY pair price currently at 136.091
This pair price is gathering momentum towards the upside on the 1 hour time frame.
We expect price to break the current resistance area at 136.100 (neckline of a possible inverted Head and Shoulder pattern).
Technically, on the break of 136.100, immediate resistance is seen at 136.50 while a more stronger resistance is at 137.30.
EURJPY:
1HR TIME FRAME:
EURJPY pair price currently at 122.43
This pair price lost upward momentum and is currently ranging on the 1 hour time frame.
We expect price to break down to the immediate support area at 121.970 area in due course.
GBPNZD:
1HR TIME FRAME:
GBPNZD pair price currently at 1.9433
This pair price is currently forming double bottom on the 1 hour time frame.
If GBPNZD pair price gain more upward momentum, then we expect price to jump to the resistance areas at 1.9530 and 1.9630 respectively.
GBPAUD:
1HR TIME FRAME:
GBPAUD pair price currently at 1.8086
This pair price currently attempting to break the descending trendline on the 1 hour time frame.
If GBPAUD pair price is able to gain more upward momentum, then we expect 1.8270 area to serve as resistance level.
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