Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Trading Signals for EUR/USD for November 26-28, 2024: buy above 1.0500 (21 SMA - 2/8 Murray)
08:01 2024-11-27 UTC--5
Exchange Rates analysis

EUR/USD is trading around 1.0522 above the 21 SMA and above 2/8 Murray showing a slight recovery.

If the euro consolidates above this area, it could mean that the instrument could reach 3/8 Murray at 1.0620 in the next few days and even climb to the 200 EMA around 1.0702.

With a close below 1.0475 on the 4-hour chart, the currency pair could resume its bearish cycle and cover the gap it left around 1.0387 and around 1.0376.

The outlook could be bullish for the euro as long as EUR/USD consolidates above the psychological level of 1.05. EUR/USD could reach 5/8 Murray at 1.0864 in the short term.

Back to the list

World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.