22.11.202408:42 Forex Analysis & Reviews: EUR/USD and GBP/USD for November 22 – Technical Analysis

Relevancia 01:00 2024-11-23 UTC--5

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

EUR/USD

Higher Timeframes

Bearish players renewed the minimum consolidation low yesterday, resuming the downward movement. The following downside targets on the chart are the monthly medium-term trend (1.0454) and the 100% completion level of the weekly Ichimoku cloud breakout target (1.0410). Failure to maintain the bearish sentiment could return the pair to the consolidation zone, with the resistance of the daily short-term trend now positioned at 1.0564.

H4 – H1

On lower timeframes, the market continues to operate below the key levels of 1.0497 – 1.0552 (central Pivot Point + weekly long-term trend), giving the bears a distinct advantage. This increases the likelihood of extending the downward trend. Intraday downside targets are the supports of the classic Pivot Points, located today at 1.0440, 1.0405, and 1.0348. A shift in sentiment and a rise above the key levels (1.0497 – 1.0552) could alter the balance of power, directing attention to the upward targets at 1.0589 and 1.0624 (classic Pivot Point resistances).

***

GBP/USD

Higher Timeframes

The pound attempted to break out of its consolidation zone yesterday and began testing the weekly Ichimoku cloud (1.2587 – 1.2563). If the bears break through the cloud, the following targets are the 100% completion of the Ichimoku breakout target (1.2498) and monthly support at 1.2474. If the pair rebounds from these supports, the market could return to the consolidation zone, aiming for the resistance of the daily short-term trend at 1.2718.

H4 – H1

The bears currently hold the advantage on lower timeframes, driving the downward movement further. The intraday downside targets are the supports of the classic Pivot Points, located at 1.2554, 1.2522, and 1.2470. Should the bulls reclaim the key levels at 1.2606 – 1.2645 (weekly long-term trend + central Pivot Point), the balance of power would shift, supporting bullish momentum with the following targets at the classic Pivot Point resistances of 1.2690 and 1.2722.

***

Technical Analysis Tools Used:

Higher Timeframes: Ichimoku Kinko Hyo (9.26.52) + Fibonacci Kijun levels

Lower Timeframes (H1): Classic Pivot Points + 120 Moving Average (weekly long-term trend)

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.