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The recent ascending movement was expected to pursue towards the price zone of 1.1050-1.1060 where a solid technical level is located. However, earlier selling pressure was applied around 1.1000 leading.
November 30, 2023 : EUR/USD is approaching a key-resistance zone: Is this the end of the current bullish move ?
That's why, the price levels around 1.1050 can be a good opportunity to sell the EUR/USD (backside of the broken uptrend line) with Exit Levels to be located just above.
November 29, 2023 : EUR/USD Intraday technical analysis and trading plan.
The pair is likely to keep rising until it hits 1.1050, where it may face either a short-term or a long-term bearish correction. Therefore, selling the EUR/USD around 1.1050 (the.
November 29, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
Around Mid-November, the EUR/USD pair has demonstrated a strong upside movement, bypassing the upper limit of the movement channel towards the level of 1.0980. The same price level is currently.
November 29, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
The current bullish recovery is being challenged around 1.2650 where a previous consolidation range was established. That's why, Price action should be watched cautiously for determining the next destination.
November 28, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
The market will probably tend to do some retracement towards 1.0900 for retesting. However, the current ascending movement may pursue towards the price zone of 1.1050-1.1060 where a solid technical.
November 28, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
The current bullish movement will be facing a strong challenge around the price zone of 1.2750-1.2800 where a previous consolidation range was established. That's why, Price action should be watched.
November 27, 2023 : EUR/USD Intraday technical analysis and trading plan.
The EUR/USD pair has been falling for a week before it could reach its next target around 1.0450, where several support levels existed. On the other hand, any bullish correction.
November 27, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
The current bullish recovery is being challenged around 1.2650 where a previous consolidation range was established. That's why, Price action should be watched cautiously for determining the next destination.
November 27, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
The EUR/USD pair is currently overbought while breaching the upper limit of the newly established movement channel. That's why, the market will tend to decline at least towards 1.0800.
November 24, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
The EUR/USD pair is currently overbought while breaching the upper limit of the newly established movement channel. That's why, the market will tend to decline towards 1.0700 for retesting.
November 23, 2023 : EUR/USD Intraday technical analysis and trading plan.
The EUR/USD pair broke below the uptrend line and confirmed the bearish trend. Since then, the EUR/USD pair has been falling for a week before it could reach its next.
November 23, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
The EUR/USD pair is currently overbought while breaching the upper limit of the newly established movement channel. That's why, the market will tend to decline towards 1.0700 for retesting.
November 22, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
Since early September, the previous depicted downside movement was initiated with projected targets towards 1.0780 then 1.0500 where significant bullish recovery was expressed. Shortly after, an upside breakout took place.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.