Forex Chart – Nov 19, 2015: XAUUSD, USDNOK, USDZAR

XAU/USD (Gold/US dollar)

The XAUUSD (Gold vs US dollar) still in bearish mode. Price on this pair has been broke the daily support level. This support level now acts as the new resistance level. Price now stall at the resistance level. If there is any bearish signal around this level -on daily or intraday time frame – I will open short position.   

XAU/USD daily chart

XAUUSDDaily-151119

XAU/USD 4-hour chart

XAUUSDH4-151119

USD/NOK (US dollar/Norwegian Krone)

The USDNOK (US dollar vs Norwegian Krone) is on bullish mode. Price starting to move down to the support level in the daily chart. I’m looking for potential longs set up around those support level.

USDNOK daily chart

USDNOKDaily-151119

USD/ZAR (US dollar/South African Rand)

Similar with the USDNOK, price on USDZAR (US dollar vs South African Rand) is on bullish mode. Price starting to move down to the support level in the daily chart. I’m looking for potential longs set up around those support level.

USDZAR daily chart 

USDZARDaily-151119

USDZAR 4-hour chart

USDZARH4-151119 

 

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One comment

  1. Your point of view is very excellent and I completely agree with you in what presented and I think that must be taken into consideration
    thank you and best regards

    Like

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