Online:
Visits:
Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

EURUSD Daily Forecast: November 10

Monday, November 9, 2015 19:58
% of readers think this story is Fact. Add your two cents.

(Before It's News)

EURUSD Forecast    
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H1 chart below we have a bearish flag formation which suggests a potential bearish continuation scenario especially if price able to make a clear break below the flag and 1.0725 support testing 1.0650 region. On the other hand, a clear break above the flag and 1.0800 resistance area could trigger further bullish pullback testing 1.0900 but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

eurusdhourly



Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-november-10-4

Report abuse

Comments

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
  • Yeah to be fair the trend is pretty uncertain, so that’s why we need to be sure about things before working. I am trading with OctaFX broker where I get plenty of benefit especially with their great setup with low spread of 0.2 pips for all major pairs and have excellent system on their web site that allows me to watch top traders, so following that keeps me in good shape to work and allows me to be successful without any difficulty.

Top Stories
Recent Stories

Register

Newsletter

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.