The USD/MXN pair continued to go sideways during the course of November, using the 16.40 level as support.
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This is an important week ahead. We have central banks expounding on 4 major currencies this week, we can expect an active week with reasonably high volatility. Get the economic and political calendar for the popular currencies for the week of November 30, 2015.
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The EUR/CAD pair initially tried to rally during the day on Thursday, but then turned back around to form a somewhat negative candle.
The EUR/USD pair fell slightly during the course of the session on Thursday, as the Americans would’ve been away from the markets as the Thanksgiving holiday took focus.
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Get the USD/CHF Forex Signal for November 26, 2015 here.
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The EUR/CHF pair fell initially during the day on Wednesday but found enough support near the 1.08 level again to turn things around and form a hammer.
We have been shorting the EUR/CAD market and although it hasn’t exactly been a massive move lower, it has been a nice gradual drift.
The EUR/JPY pair did below the 130 handle during the day on Wednesday, but found enough buying pressure underneath to turn things around and form a hammer.