? EUR/USD, GBP/USD Analysis & Setups 25-26 Nov ’18 ?

2 min read

The EUR/USD is showing bearish pressure which is probably an ABC zigzag correction IF price manages to bounce and reverse at the 1.13 support zone. The GBP/USD is again testing the bottom of a large daily triangle chart pattern. Special “Black Friday” discount and offer: https://www.elitecurrensea.com/promotions-black-friday-2018/

The EUR/USD break above the 21 ema resistance zone on the daily chart could confirm the bullish move towards the 1.1750 target whereas a break below 1.13 could see a potential downtrend if the chart patterns remain bearish. The 1.13 support zone is also a potential head & shoulders reversal chart pattern.

The GBP/USD is vulnerable to Brexit news and for the moment seems to be building a large triangle pattern.

Check out the video below for the full analysis and trade plans on 25-26 Nov 2018:

  • EUR/USD, GBP/USD technical analysis
  • Review of patterns, trends, key S&R levels
  • Explanation of potential trade ideas both up and down
  • Beginner friendly, explaining concepts in more detail

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik
Elite CurrenSea

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