empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

25.11.202208:44 Forex Analysis & Reviews: Trading plan for EURUSD on November 25, 2022

Exchange Rates 25.11.2022 analysis

Technical outlook:

EURUSD has been drifting sideways for the past two trading sessions within 1.0400 and 1.0425-30 levels. Since the trading range is only 25 pips, a breakout can be expected within 1-2 trading sessions. The single currency pair is seen to be trading close to 1.0410 at this point in writing as the bulls prepare for a break higher towards 1.0550 in the near term.

EURUSD could be into its last sub-wave rally from the 1.0222 lows within the larger-degree corrective rally that began from the 0.9535 lows in August. The last wave is in progress from 0.9740 and is expected to terminate at the 1.0550-1.0600 area as projected on the daily chart. Immediate interim support is at 1.0222, followed by 0.9935 and 0.9740; while resistance is around the 1.0481 mark.

A push above 1.0481 will confirm and encourage a further rally towards 1.0600. Please note that 1.0600 is also passing close to the Fibonacci 0.382 retracement of a larger-degree downswing between 1.2266 and 0,9535 levels respectively. A high probability remains for a bearish turn if prices manage to reach there as the bears remain inclined to take control.

Trading idea:

Potential rally towards 1.0550-1.0600 against 1.0222. Lower thereafter.

Good luck!

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.