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Tuesday, October 30

November Eur/Usd Forex Forecasts

From November 5 to November 10. Forex Weekly Forecast for Euro to Dollar.

Financial News Store.

6 November - 57 United States presidential election. Who will be the next president of the United States? Barack Obama or Mitt Romney.
Also on 6 November will be Elections the United States Congress.
Reserves of oil and some economical indexes.


FOREX Chart Eur/Usd on 6 November.

Of the currently Euro Dollar chart looks like this.
Forex Chart online EurUSd at November 6 H4
Add Chart Eur/Usd on November 6 Time frame H4. The Forex pair Euro to Dollar moved to the lower boundary the horizontal channel. The value of a channel are from 1.2750 to 1.3170 Price movement of EUR dollar greatly changed during the presidential election. False positives are possible.



Since the last time my review, as it turned out, I chose the right direction and make a deal to buy. But at the moment I'm not exactly sure whether to continue the upward movement of the currency pair Euro to US Dollar. I think the best move down because Fibonnachi levels reached their limits. Look at following charts Euro to Dollar.
November forecasts Euro to US Dollar Weekly Forecast
The global trend is the horizontal direction. However, if I would consider short trades, I will trade up. Fibonacci levels indicate a possible move down to a value of 1.2800 or less. I'll remind you. The boundary of the flat is a very broad horizontal band. The upper value of the flat on the euro dollar is approximately 1.3200. The lower value of the flat on the euro, the dollar is about 1.2800
Let's see another currency pair chart. 

EURUSD November FOREX Forecasts weekly
The Euro to Dollar graph with scale, we can observe the motion the currency pair to extreme levels Murray. The MA and Simple Moving Averages are preparing a reversal. If they turn in the right proportions - it means that the trend of the currency pair may be up
Forex Forecasts weekly Euro to Usd H4
Add On a slower schedule H4 Eur-Usd currency price movement occurs in a horizontal channel. Moving averages SMA 233 SMA 55 and show faster - convergence to each other. Price of a currency pair is below the green neutral zone levels Murray. If you think you will open a Order for a long period of time, then you should wait for the trend of horizontal direction (flat)
Technical analysis indicators such as EMA and SMA shows the downward trend in the timeframes H1 and Daily. You can see it if you show the chart Euro to Dollar moving average SMA 233 SMA 55 SMA 21 and others fasts MA.
An increasing number of FOREX Traders are beginning to open their Orders especially in the currency pair Euro to Dollar. This is a sign that we should be at the ready  in time and discover the right deal on the Forex Pair Eur/Usd.

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1 comment:

Anonymous said...

Terrific work! This is the type of information that should be shared around the web. Shame on the search engines for not positioning this post higher!

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