21.11.201901:01 Forex Analysis & Reviews: Diary of a trader 11/20/2019 EURUSD

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

As you can see from the chart above, the situation has not changed in general for the third day - the EURUSD rate is consolidating under the resistance of 1.1080 - despite a slight decrease on Wednesday, while an attempt to go higher seems more likely.

The reason for the stagnation is an incomprehensible situation in the market as a whole. The US market has reached new highs - historic ones, and it is increasingly difficult to stay at these heights. Savvy investors are sitting in money/bonds - and are waiting for a good downward correction. However, other experienced ones - large funds - want to show beautiful numbers in the reports at the end of the year - and continue to drive the market up. A difficult situation.

As I said earlier, it is quite possible that you will have to wait until December 11-12 for a strong movement/trend.

Current situation: EURUSD.

We buy at the breakout of 1.1080.

We sell from 1.0985.

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.