empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

21.11.202211:16 विदेशी मुद्रा विश्लेषण और समीक्षा: Technical analysis of EUR/USD for November 21-26, 2022

Trend analysis

EUR/USD is likely to continue its downward movement this week, starting from the level of 1.0324 (closing of the last weekly candle) to 1.0117, which is the 38.2% retracement level (blue dotted line). Then, it will bounce up to the upper fractal at 1.0479 (blue dotted line).

Exchange Rates 21.11.2022 analysis

Fig. 1 (weekly chart)

Comprehensive analysis:

Indicator analysis - downtrend

Fibonacci levels - downtrend

Volumes - downtrend

Candlestick analysis - downtrend

Trend analysis - uptrend

Bollinger bands - uptrend

Monthly chart - uptrend

All this points to a downward movement in EUR/USD.

Conclusion: The pair will have a bearish trend, with no first upper shadow on the weekly black candle (Monday - down) and no second lower shadow (Friday - down).

So during the week, euro will fall from 1.0324 (closing of the last weekly candle) to the 38.2% retracement level at 1.0117 (blue dotted line), then bounce up to higher price levels.

Alternatively, quotes could dip from 1.0324 (closing of the last weekly candle) to the 23.6% retracement level at 1.0256 (blue dotted line), then bounce up to higher price levels.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.