empty
 
 
vi
Hỗ trợ
Mở tài khoản ngay lập tức
Tải nền tảng giao dịch Metatrader
Khởi động WebTrader

02.11.202203:07 Forex Analysis & Reviews: Technical analysis of EUR/USD for November 2022

Trend analysis

EUR/USD will increase this November, starting from 0.9882 (closing of the October monthly candle) to 1.0198, which is the 23.6% retracement level (red dotted line). Then, it will go to the historical resistance level of 1.0373 (blue dotted line), before turning down again.

Exchange Rates 02.11.2022 analysis

Fig. 1 (monthly chart)

Comprehensive analysis:

Indicator analysis - uptrend

Fibonacci levels - uptrend

Volumes - uptrend

Candlestick analysis - uptrend

Trend analysis - uptrend

Bollinger bands - uptrend

All this points to an upward movement in EUR/USD.

Conclusion: The pair will have a bullish trend, with no first lower shadow on the monthly white candle (the first week of the month is white) and no second upper shadow (the last week is white).

Throughout the month, quotes will climb from 0.9882 (closing of the October monthly candle) to the 23.6% retracement level at 1.019 (red dotted line), go to the historical resistance level of 1.0373 (blue dotted line), then turn down again.

Alternatively, the pair could rise from 0.9882 (closing of the October monthly candle) to the 23.6% retracement level at 1.0198 (red dotted line), then bounce down to the historical support level at 0.9994 (dashed blue line). Upward movement may resume from this level.

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

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.

Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.