empty
 
 
28.11.2023 03:06 PM
EUR/USD: imminent breakout

The EUR/USD pair is trading in the green at 1.0955 at the time of writing and it seems determined to extend its growth. The bias is bullish as the Dollar Index remains bearish. Still, an upside continuation needs to be confirmed as the rate stands below key resistance.

As you already know, the US New Home Sales came in worse than expected yesterday weakening the USD. Today, the German Gfk Consumer Climate came in higher at -27.8 points versus -28.2 points estimated. Later, the US CB Consumer Confidence should really shake the price. The indicator is expected to drop to 101.0 from 102.6.

EUR/USD Bullish Bias!

This image is no longer relevant

As you already know from yesterday's analysis, the EUR/USD pair is trapped between 1.0965 and 1.0927 levels.

Its failure to take out the 1.0927 immediate support announced strong buyers and strong bullish pressure. It continues to challenge the 61.8% (1.0959) retracement level. Staying near the resistance levels may announce an imminent breakout and an upside continuation.

EUR/USD Outlook!

Jumping and closing above 1.0965 validates an upside continuation. This scenario brings new long opportunities.

Ringkasan
Segera
Analitic
Ralph Shedler
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget