The forex week ahead. A look a the risk and bias defining levels for week starting Nov 28

Technical Analysis

The forex week ahead. A look a the risk and bias defining levels for the week starting November.

The week ahead has as catalysts the US jobs report on Friday where the NFP is expected to add a less than trend 200K jobs.

Before that the Fed Chair Powell will be speaking at the Brookings Institute on Wednesday.

Those are two key events that are a prelude to the Fed decision later in the month.

In addition, to the key event and release preview, Greg Michalowski of Forexlive, also looks at the technicals that are driving the bias and risk levels for the major US currency pairs vs the US dollar.

  • EURUSD (4:10)
  • USDJPY (9:14)
  • GBPUSD (13:37)
  • USDCHF (18:17)
  • USDCAD (20:00)
  • AUDUSD (21:40)
  • NZDUSD (24:20)

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The USDJPY stays in an up and down range. That leaves the door open for a break and run.

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