Setups for the week ahead 28.11. - 02.12.16

EUR vs USD

Mixed signal.

This is not a setup. Price is at an interesting level. The level did hold last week. Now we need to wait and look if it is going to hold or break the coming week.

EUR vs CAD

Mixed signal.

Same situation as EUR/USD. Only price formed a small Hammer. I do not give much value to this Pinbar due to the shape and location. I'll keep an eye on this asset nevertheless.

AUD vs JPY

Mixed signal.

There is not setup yet. But price is approaching an interesting level.

USD vs CHF

Mixed signal.

We had a break out of a range. Price is hitting an interesting level. We may see a retracement back to the breakout level. The candlestick is not an ideal Pinbar / Hanging Man. However it shows rejection.

NGAS

Bullish bias for the week.

We have a strong close above 3.00, which puts my bias in favour of the bulls for next week. However, price is approaching a resistance level. Price is just at an interesting level that needs to get cleared. The close of the week might tell us more.

Note: Be aware of the many High Impact News this week. There are not many setups. The ones I listed above are the ones I consider the most interesting assets for the week ahead. I am prepared not to take any trades.

Happy trading,
TT