empty
 
 
cn
支持
即时开户
交易平台
入金/出金

28.11.202309:17 Forex Analysis & Reviews: Hot forecast for EUR/USD on November 28, 2023

The market stood still while the economic calendar was basically empty. The scale of movement was extremely insignificant, and they led to nothing, as the day ended at the same values as it began. Today, the U.S. will release a report on housing prices, which will likely push the euro higher, as the pace of growth is expected to slow from 5.6% to 5.3%. This suggests further decline in inflation, convincing investors that the Federal Reserve will likely start easing its monetary policy in the near future.

Exchange Rates 28.11.2023 analysis

The EUR/USD pair has come close to the local peak of the upward cycle. As a result, the volume of long positions has slightly decreased, while the bullish sentiment persists.

On the four-hour chart, the RSI technical indicator is hovering in the upper area of 50/70, which points to the bullish sentiment.

On the same time frame, two out of three Alligator's MAs are directed upwards, corresponding to the price's direction.

Outlook

In this situation, keeping the price above the level of 1.0950 could lead to a test of the local high. In perspective, this movement could strengthen the euro towards the range of 1.1000/1.1050.

The complex indicator analysis revealed that in the short-term period, indicators point to stagnation, while there is a bullish signal in the intraday and medium-term periods.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Dean Leo,
Analytical expert of InstaSpot
© 2007-2025
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

展示更多
现在无法通话?
提出您的问题,用 在线帮助.