EUR/USD - Análisis del 05.11.2024

Análisis de mercados financiero y de productos básicos


During the Local Bullish Trend

During the local bullish trend, the market encountered resistance at the 1.0900 level, as previously described. Considering the upcoming U.S. presidential elections, as well as the Federal Reserve System's decision on the key interest rate, today's markets exhibit an extremely high level of uncertainty. Important information emerging in the short-term news field could cause unpredictable movements and an increase in volatility. Local price highs and lows can serve as reference points to look for conditions to execute transactions.

Significant Areas Below Current Prices

Significant areas below current prices include the local low zone at 1.0780 and the range of 1.0670-1.0740. In the event of an increase, the area around the 1.1000 level could be of interest.