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Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity

Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity Forex Signal For EUR/USD: Double Top Forms Reveal Increasing

Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity
Yazar: Ross Sutton

Yayınlanma: 10 Kasım 2022 17:37

Güncellenme: 10 Kasım 2022 15:40

Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity

    Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity   While the EUR/USD pair is likely to react moderately to the latest jobless claims data, Economists believe claims have risen to 220,000 from 217K last week.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take a profit at 0,9900.
  • Add a stop-loss at 1,0065.
  • Timeline: 1 day.
 

Forex Signal For EUR/USD: Double Top Forms Reveal Increasing Negativity

 

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1.0095.
  • Add a stop-loss at 0.9900.
  As the US dollar rallied, the EUR/USD price fell below the pair, trading at 0,9996, the lowest level since Friday last week. Price is hovering just below 1,0095 this week's high ahead of upcoming US inflation data.   eurusd_10112022_cryspus  

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