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<b> MARKET</b> ANALYSIS <b> MARKET</b> ANALYSIS

MARKET ANALYSIS

Cutting-Edge Market Commentary for Informed Strategy Making

DAILY TECHNICAL ANALYSIS 14/11/2022

DXY


The DXY had a big consolidation on the longer time frame, which it managed to brake yesterday with a big solid candle. We may see a correction up to the 109,385 area which is a important level.

If the price breaks above this area, we may see the dollar remain strong for a while.


AUDUSD

An update on the previous analysis, the price managed to break above 0.65273 in a quick move. We may see a correction to the previous level at 0.65273. If the price breaks above 0.67166 the bulls may take control.


BTCUSD

continues to be bearish for the last year. This time break below 18000, which is considered very bearish, this price has occured at 2020.

Never the less, with this momentum we may soon see the price drop around 13500.


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