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07.11.201811:07 Forex Analysis & Reviews: Indicator analysis. Daily review for November 7, 2018 for the pair EUR / USD

Long-term review

Trend analysis (Fig. 1).

On the Wednesday, the uptrend is the yellow dotted line.

Exchange Rates 07.11.2018 analysis

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, an uptrend is expected with the first target of 1.1499 - the rolling level of 38.2% (yellow dotted line), but earlier at noon, a bottom movement has been shown.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2021
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