TRADEWITHBOLU WEEKLY FOREX ANALYSIS FOR XAUUSD, EURCHF, AUDCAD, AUDNZD ( 14TH NOVEMBER — 18TH NOVEMBER 2022)
Hey everyone! Welcome to this Tradewithbolu’s weekly Analysis for the week ending November 18th, 2022. This week, we will be taking a look at 4 Pairs and will be sharing our take on these pairs. These pairs include: XAUUSD, EURCHF, AUDNZD, AUDCAD. let’s dive in
Firstly we would be checking out the FOREX Market News to have a heads up on what is in store Fundamentally for this week.
XAUUSD
We saw price break to the upside to end the previous week. Nevertheless, we have marked out potential Resistance zones where we could see price reject back to the downside to fill up inefficiencies below.
EURCHF
We saw price make a huge bearish move to close out the previous week. We expect to see a continuation of that bearish pressure to the downside and we have marked out our zones of interests.
AUDNZD
We have highlighted Key point of interests that previously broke structure as we could see price retrace up to those zones and continue its bearish move down
AUDCAD
We could see price reject from our marked out Market rejection zone and make its way to the upside.
Ensure you validate entries with candlestick patterns as extra confirmations
Remember to Apply Proper Risk Management always when Trading. Best of Luck this week in your Trading Journey.
