For Traders

Analytical Reviews

26.11.202018:02 Forex Analysis & Reviews: Evening overview of EUR/USD for November 26. Options of how to trade

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

1-hour chart for EUR/USD

A breakout of 1.1920 upwards cleared up the matter. The pair is gaining the bullish momentum.

Importantly, the pair has never closed the trading day at the level above 1.1920.

Today American trading markets are shut on the occasion of Thanksgiving Day. Nevertheless, the thin market does not cancel the trend.

Therefore, let me warn you about a possible fake breakout.

In conclusion, there is a trading good idea to sell from 1.1880 with stop loss at 1.1925.

The upward target level will be determined later.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.