For Traders

Analytical Reviews

Trading plan

25.11.202216:15 Forex-elemzések és áttekintések: EUR/USD Technical Analysis and Trading Tips for November 25, 2022

Ezeket az információkat marketingkommunikációnk részeként küldjük el lakossági és professzionális ügyfeleink számára. Nem tartalmaznak és nem tekintendők befektetési tanácsnak vagy javaslatnak, sem bármilyen pénzügyi instrumentummal való tranzakcióra vagy kereskedési stratégia használatára irányuló ajánlatnak vagy felkérésnek. A korábbi teljesítmény nem garantálja vagy jósolja meg a jövőbenit. Az Instant Trading EU Ltd. nem képviseli vagy garantálja a szolgáltatott információk pontosságát vagy teljességét, illetve nem felelős bármely, az elemzéseken, előrejelzéseken vagy a Vállalat munkatársa által adott információkon alapuló befektetések esetleges veszteségéért. A teljes felelősségkizárás itt található.

During today's Asian trading session, EUR/USD tried to continue rising in the area above the key resistance level 1.0385 (200 EMA on the daily chart). The breakdown of which and the higher long-term resistance level 1.0500 (50 EMA on the weekly chart) significantly increases the risks of breaking the long-term bearish trend of the EUR/USD.

But so far, EUR/USD does not have such a powerful potential. Given the fact that Fed officials will continue to tighten the US central bank's monetary policy, albeit at a slower pace, most economists are inclined to believe that the 105.00 level on the dollar index (DXY) chart will hold, and the dollar will soon resume its growth. In addition to the tough policy of the Fed, this will be facilitated by the relatively better state of the American economy than in other major economies of the world, particularly the European one.

We consider the breakdown of the support at 1.0385 and resumption of EUR/USD decline to be the most probable scenario rather than an upward rally.

In this case, a break of the 1.0385 support level will be the first signal to resume short positions on EUR/USD, and a break of the support levels 1.0325 (200 EMA on the 1-hour chart), 1.0245 (144 EMA on the daily chart and the upper limit of the descending channel on the weekly chart) will be a confirmation.

As mentioned in yesterday's review, the EUR/USD is still in a global downward trend, and fundamentally, we should expect at least a renewed decline and, at most, a further fall in the pair towards the 20-year lows, when it was trading near 0.8700, 0.8600.

Support levels: 1.0385 1.0325 1.0300 1.0245 1.0116 1.0085 1.0000 0.9745 0.9700 0.9600 0.9535 0.9500 0.9400 0.9300 0.9200 0.9200

Resistance levels: 1.0400, 1.0500

Trading Tips

Sell Stop 1.0370. Stop-Loss 1.0450. Take-Profit 1.0325, 1.0300, 1.0245, 1.0116, 1.0085, 1.0000, 0.9745, 0.9700, 0.9600, 0.9535, 0.9500, 0.9400, 0.9300, 0.9200, 0.9000

Buy Stop 1.0450. Stop-Loss 1.0370. Take-Profit 1.0500

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.