kavish123610
Bearish bias. Refer the chart. Inflation rate YoY set to released on 30/11/22.
FX:EURUSD . it appears that EURUSD has a bullish bias, but the bull power seems to be losing around 1.04. I expect the selling to begin in the levels 1.04250 - 1.04399
I tend to believe that EURGBP will fall due to the current political issues such increase in interest rates by the ECB causing it to decrease and daylight saving has just ended.
I tend to believe that EURUSD will fall towards 0.98 due to the current political issues such increase in interest rates by the ECB causing it to decrease from 1.003 to 0.9989 and daylight saving has just ended.
. EURUSD will rise then have a downward fall.@ 0.9722
Due to the several points touching the resistance point of 0.985
It seems the EURGBP will have a downward trend due to the current geopolitical issues. SELL Entry - 0.87242
FX:EURUSD ENTRY PRICE - 0.98144 TP - 0.96875 Because the price is close to major resistance point. Based on the weekly, daily and 4H charts the trends appears to be downwards.