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Eurusdsetup

Eur/Usd Analysis 24.11.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
by basictradingtv
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - Currently the MARKET SENTIMENT for EUR is slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. As of today, due to MARKET RISK being ON, all MARKETS including STOCKS and COMMODITIES are going up a bit. According to yesterday's CPI DATA REPORT, the FED cannot do a rate hike any more. Therefore, if the FED becomes NEUTRAL, the USD can definitely become WEAK. Also, if the SENATE is won by the REPUBLICANS when the DEMOCRATS are the president, the USD must be WEAK. - Definitely according to the MARKET STRUCTURE, EURUSD can go up to the higher RESISTANCE LEVEL because the FOMC MEETING UPDATE is NEGATIVE. At the moment, there is a slightly UP SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go up to 1.0500 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it. eurusd
by benny_marshall
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