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

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: November 25

Thursday, November 24, 2016 19:49
% of readers think this story is Fact. Add your two cents.

EURUSD Forecast    
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term but from a longer term perspective, 1.0550 – 1.0450 region remains a key support and good place to buy with a tight stop loss below 1.0450. Immediate resistance is seen around 1.0585 (yesterday’s high). A clear break above that area could lead price to neutral zone in nearest term testing 1.0640 region. On the downside, a clear break and daily/weekly close below 1.0450 would activate my bearish mode.



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
  • Ahmed

    Right now, it’s better to be a spectator then a trader due to the market situation. We must not try to do trade if we are not sure, as that will only cause issues that are hard to cope with. I always trade when I am certain and it’s easier through OctaFX broker using their Islamic Account where no worries are there for me about paying overnight charges, so that’s why I feel so good and can focus entirely on long term trades.

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.