empty
 
 
nl
Ondersteuning
Direct openen van een account
Trading Platform
Storting/opname

23.11.202307:55 Forex Analyse & Reviews: Elliott wave analysis of EUR/USD for November 23, 2023

We have seen EUR/USD move lower in a temporary corrective wave, which we expect will be a bit deeper than what we have seen till now. We expect minor resistance near 1.0922 will cap the upside for a move closer to support at 1.0783 from where the next impulsive rally through the neckline resistance at 1.0965 is expected. A break above 1.0965 will activate the S/H/S bottom for a rally towards the former peak at 1.1275.

For now, look for a corrective decline closer to support at 1.0783 and then a new impulsive rally from there.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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

Kan u nu niet praten?
Stel uw vraag in de chat.