Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Bulls’ momentum may decrease
EURUSD Price Analysis – 20 November
The price may drop precipitously toward the $1.07 and $1.06 barrier levels if sellers are successful in breaking through the $1.08 support level. The price may rise in the direction of the resistance levels of $1.10 and $1.11 if buyers are successful in maintaining the price above the $1.09 barrier level.
EUR/USD Market
Key Levels:
Resistance levels: $1.09, $1.10, $1.11
Support levels: $1.08, $1.07, $1.06
EURUSD Long-term Trend: Bullish
EURUSD has a bullish long-term future. On September 27, the currency pair tested the $1.04 support level. It recovered and hit $1.06 a week later. The bears were no longer as strong. Bulls gained momentum and prices started increasing. The support level of $1.06, $1.07 was broken upside. It pulled back for three days. The bulls continued to exert pressure, the non-farm payroll news of this month energized EUR and the price continued increasing to $1.09 level. At the moment, the price is pulling back from the just mentioned level.
The currency pair’s 21- and 9-period exponential moving averages are now being traded above. an indication that the bulls are strengthening. Both EMAs are exceeded by the EURUSD. The price may drop precipitously toward the $1.07 and $1.06 barrier levels if sellers are successful in breaking through the $1.08 support level. The price may rise in the direction of the resistance levels of $1.10 and $1.11 if buyers are successful in maintaining the price above the $1.09 barrier level.
EURUSD medium-term Trend: Bullish
In the medium run, the EURUSD outlook is favorable. For almost three weeks, there has been bullish pressure on the currency pair. The purchasing intensified as soon as the $1.04 support level was breached. The price has been progressively constructing enormous bullish candles as it moves above $1.06. Prices is currently risen above $1.08 level.
An upward trend is indicated by the price position above the 9- and 21-period moving averages. The period 14 signal lines of the Relative Strength Index are inclining at level 74, suggesting a buy signal.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus