Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: December 01

Wednesday, November 30, 2016 19:17
% of readers think this story is Fact. Add your two cents.

EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.0552. The bias is bearish in nearest term but as you can see on my H1 chart below price has been moving sideways inside a range area. On the downside, 1.0550 – 1.0450 region remains a good place to buy with a tight stop loss below 1.0450. Immediate resistance is seen around 1.0630. A clear break above that area could lead price to neutral zone in nearest term testing 1.0685 – 1.0700 region. Overall I remain neutral.



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • Henry Parker

    There are so many events line up in December; it will be really interesting to see how it all pends out. I trade with and with them, it’s just close chapter with tension. I am incredibly relaxed and comfortable working with them and it benefits me in every way and enables me to perform very well and brings plenty of rewards too!

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.