Analysis Forex EurUsd 11/15 November 2024

[AntaresScorpius]

in h4 there is a double bottom and therefore euro could rise this week. It could touch 1.10 again and then collapse again. It is advisable to place a buy order on the lows and close at 1.0950 or 1.10.​

 

[Zerologic]

EURUSD may continue to be bearish because the strengthening of the USD may continue because Trump's victory seems to have an impact on strengthening the USD and there is a possibility that Trump's policy of increasing trade tariffs could bring inflation thereby slowing down the Fed from lowering interest rates.