For Traders

Analytical Reviews

Technical analysis

29.11.202219:30 Forex Analysis & Reviews: November 29, 2022 : EUR/USD Intraday technical analysis and trading plan.

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.

In the intermediate-term, the pair is just above the newly visited price levels around 0.9600 that haven't been visited since 2002.

That's why, some bullish recovery was recently demonstrated especially around such an important psychological support.

The nearest supply level was located around 1.0200 where bearish rejection and a short-term SELL Entry were anticipated.

Hence, another bearish pullback to test the price levels of 0.9500 was recently executed.

Intensive bullish price action was demonstrated around the lower limit of the current movement channel. Initial bullish target around 1.0150 was already reached.

Price action around this key-level should be watched cautiously for further continuation or bearish reversal.

On the other hand, any quick bearish pullback towards the price levels of 1.0000 should be considered as a valid BUY opportunity.

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.