EURUSD Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | 0.28% | 30.3 Pips |  |
||
| Week to-date | 0.28% | 30.3 Pips | |
||
| November | 3.5% | 369.7 Pips |  |
||
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What can we expect from EURUSD today?
EURUSD on Monday rose 0.28% to 1.09441. Price is above 9-Day EMA while Stochastic is rising in overbought zone.
Updated daily direction for EURUSD looks bullish as the pair ended higher after Monday trading session.
Looking ahead for the day, immediate upside resistance level is R1 at 1.09649 with break above could target R2 at 1.09858 or figure level area. While towards the downside, we are looking at daily low of 1.08970 as an important support. Break below this level could weaken the current bullish momentum. A break above 1.09518 may suggest continuation after recent positive movement.
For the week to-date, take note that EURUSD is bullish as the pair continued to trade higher and is up by 0.28% over the past few days.
Key levels to watch out:
| R3 | 1.10197 |
| R2 | 1.09858 |
| R1 | 1.09649 |
| Daily Pivot | 1.0931 |
| S1 | 1.09101 |
| S2 | 1.08762 |
| S3 | 1.08553 |
#EURUSD Trending on Twitter
And as you can see this is for me a good trade, here we're not talking about reward, we're talking about the exit of the trade because, as u can see on the footprint bid&ask price made a large wick and took all the resting liquidity after the range, 1/2
#forex #EURUSD #trading
Quick exemple of what is for me a bad winning trade, it was a bullish trend day and i've just expect a retracement to an orderblock on top of the london session, i was targeting 2RR no more and the price after caming back the zone have instantly reverse
#myforexfunds #forex $gold
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Descubre 💹FLASH DIVISAS, la nueva publicación @CABK_Research. Un análisis conciso de la evolución del tipo de cambio del euro con las principales divisas, empezando por el 🇪🇺🇺🇸#EURUSD
https://www.caixabankresearch.com/es/publicaciones/flash-divisas/eurusd
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