DAILY TECHNICAL ANALYSIS 17/11/2022

USDJPY

Yesterday the USDJPY pair remained in the channel between 138.861 and 140.284 trying to overcome the resistance at 140.016 with a target price at 141.905. This morning the bears are the most active trying to break the support at 138.612 with a target price below 137.500. Overall for the day, graphically the scenario appears to be rising with the RSI still close to the upside entry.

Today the levels to keep an eye on are:

138.612, 139.854, 140.016, 141.665, 141.905

NAS100

Nasdaq continued to move lightly within the ascending channel in a phase of negative accumulation operations as a clear wedge is forming. So the price will try to test the support at 10791.681 with a target price at 10645.848 even though we are quite far away.

Today the levels to keep an eye on are:

10645.848, 10791.681, 10948.119, 110.207, 11653.118, 11687.887, 1854.932, 11934.477, 12021.976, 12114.779

XRPUSD

Ripple had a slight slide yesterday but what is more worrying is last week's slide. It all depends on the developments of the case that the SEC has with Ripple which for now are on and off with supporters of the altcoin easy to rapid enthusiasm. It therefore promises to be a fiery weekend with a possible gain of over 20%. Therefore excesses on the one hand on the other with the sentiment towards the cryptocurrency which can lead the price to overcome even the support of 0.21602.

Today the levels to keep an eye on are:

0.21602, 0.23463, 0.25083, 0.26289, 0.27771, 0.29460, 0.30597, 0.32802